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Saugus 01906 Downtown Saugus
408 Central St
$264,000
● House - Off Market

408 Central St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,413 Ft²
$494,044
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

This home welcomes you w/ new front stairs & freshly painted walls within. Inside find a spacious ceramic tile LR, eat in kitchen, DR & full bth on the 1st level. 2nd level has 2 of the BR's w/HW floors &  2nd bath w/shower. Master BR has a bonus walk-in closet. LL FR w/ ceramic tile floor & add'l area for a work shop. This home was converted to gas approx 12 (+/-) yrs, replacement windows installed approx. 10(+/-) yrs. One car detached garage & private rear yard. Bring your own personal touches
Unit Size
1,413 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$177
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71480587)

Price History

Date / Event Date Event Price
Apr 11, 2013 Sold
Premium
Sold
Feb 7, 2013 Listed by Century 21 Commonwealth $249,900
Listed by Century 21 Commonwealth
Jul 25, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,617
  • Total Building Area: 1,414
  • Gross Building Area: 2,422
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208200

Zoning

  • Zoning: NA

Geography

  • Account Number: 7946021
  • Parcel: SAUG M:007-E B:0017 L:0005
  • Block: 17
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4574
  • Longitude: -71.0092

    Address

  • Full Address: 408 Central St
  • Address - House Number: 408
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C002
  • 4-Digit Zip Code: 3631
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $523,000

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 597,925
  • High Value: 692,370
  • Low Value: 503,480

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $491,100
  • Assessed Land Value: $253,800
  • Assessed Improvements Value: $237,300

    Sales

  • Current Sale Recording Date: Apr 11, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 268
  • Previous Sale Recording Date: Jul 25, 1997
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Saugus

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2235 ft²

Average Home Age

200 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71480587

Frequently Asked Questions

When was property at 408 Central Street built and last sold?
The property at 408 Central Street was built in 1929 and last sold on Jan 1, 1970 for $264,000.
How much is this home worth?
The estimated value of the home located at 408 Central Street is $262,505.
What are some comparable homes to 408 Central Street?
There are currently no comparable homes to 408 Central Street.
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