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Saugus 01906 Lynnhurst
42 Fairmount Ave.
$408,000
● House - Off Market

42 Fairmount Ave.

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,002 Ft²
$592,092
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Lovely well cared for cape has so much to offer. This home has gone through updating in recent years  which  including new Electric, windows,, boiler, plumbing. 2 updated bathrooms, addition of full shed dormer and 2nd floor bath, and roof is four years young. Lovely hardwood flooring throughout. Adorable and move in ready. View from dining area .is relaxing and surreal overlooking gardens.   3 off street parking and a gorgeous. huge  back yard.Custom shed and rear patio area. This home has  such a  cozy, warm  feeling when you enter. Come see and make it yours. Convenient to major highways. shopping and restaurants. This is one not to miss.
Unit Size
1,002 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$399
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1920

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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 #72335748)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Aug 9, 2021 Listed by REALTY WORLD - Forest Realty $499,900
Listed by REALTY WORLD - Forest Realty
Jul 17, 2018 Sold
Premium
Sold
May 30, 2018 Listed by REALTY WORLD - Forest Realty $399,900
Listed by REALTY WORLD - Forest Realty
Oct 30, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 552
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,476
  • Total Building Area: 1,002
  • Gross Building Area: 1,924
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOOD HARMON & CO
  • Land Acres: 0000000286
  • 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: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 6432009
  • Parcel: SAUG M:011-G B:0004 L:0008
  • Block: 4
  • Lot: 8
  • Municipality: SAUGUS
  • Latitude: 42.4739
  • Longitude: -70.998

    Address

  • Full Address: 42 Fairmount Ave
  • Address - House Number: 42
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1425
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,700

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 592,239
  • High Value: 693,416
  • Low Value: 491,062

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,300
  • Assessed Land Value: $332,900
  • Assessed Improvements Value: $211,400

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210928002740
  • Previous Sale Recording Date: Jul 17, 2018
  • Previous Sale Amount: $408,000
  • Previous Sale Document Type: O
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 Lynnhurst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3529 ft²

Average Home Age

34.2 years

Currently For Sale

9 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# 72335748

Frequently Asked Questions

When was property at 42 Fairmount Avenue built and last sold?
The property at 42 Fairmount Avenue was built in 1920 and last sold on Sep 28, 2021 for $555,000.
How much is this home worth?
The estimated value of the home located at 42 Fairmount Avenue is $500,013.
What are some comparable homes to 42 Fairmount Avenue?
There are currently no comparable homes to 42 Fairmount Avenue.
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