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Saugus 01906 Oakland Vale
408 Main Street
$355,000
● House - Off Market

408 Main Street

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$749,168
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

Warm and inviting brick front ranch features 7 rooms, 2 bedrooms, open fireplace living room & dining room w/cathedral ceilings, skylights & newly installed hardwood flooring, eat-in kitchen, sliders to deck, 2 full baths, oversized master bedroom with private full bath, sunny lower level family room with woodstove and possible 3rd bedroom for extended living, central air and vacuum, security system and new roof (2010), well manicured yard with inground pool, nicely located near Wakefield line.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$150
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71393729)

Price History

Date / Event Date Event Price
Dec 12, 2012 Sold
Premium
Sold
Jun 7, 2012 Listed by Carpenito Real Estate, Inc. $359,900
Listed by Carpenito Real Estate, Inc.
Nov 29, 2005 Sold
Premium
Sold
Sep 19, 2005 Listed by Carpenito Real Estate, Inc. $420,000
Listed by Carpenito Real Estate, Inc.
Jul 23, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,300
  • Gross Building Area: 3,632
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RALPH HOWARD
  • Land Acres: 0000000287
  • 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: 208402

Zoning

  • Zoning: NA

Geography

  • Account Number: 4159003
  • Parcel: SAUG M:012-B B:0002 L:0004
  • Block: 2
  • Lot: 4
  • Municipality: SAUGUS
  • Latitude: 42.4781
  • Longitude: -71.0408

    Address

  • Full Address: 408 Main St
  • Address - House Number: 408
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C015
  • 4-Digit Zip Code: 3151
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,500

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 684,194
  • High Value: 801,081
  • Low Value: 567,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,800
  • Assessed Land Value: $277,500
  • Assessed Improvements Value: $317,300

    Sales

  • Current Sale Recording Date: Dec 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Nov 29, 2005
  • Previous Sale Amount: $421,000
  • 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 Oakland Vale

Stats & Trends

Median Asking:

$742,400

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2795 ft²

Average Home Age

45.1 years

Currently For Sale

7 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71393729

Frequently Asked Questions

When was property at 408 Main Street built and last sold?
The property at 408 Main Street was built in 1964 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 408 Main Street is $388,369.
What are some comparable homes to 408 Main Street?
There are currently no comparable homes to 408 Main Street.
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