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Saugus 01906 Downtown Saugus
426 Central Street
$310,000
● House - Off Market

426 Central Street

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
748 Ft²
$432,861
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

Handyman's delight!   Cozy two bedroom, one bath ranch in need of some updates. Clean basement!  One car garage under.   Now is the time to utilize your design skills.   Nice size yard for the avid gardener or for your entertainment.
Unit Size
748 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$401
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1940

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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 #72463491)

Price History

Date / Event Date Event Price
Apr 17, 2019 Sold
Premium
Sold
Mar 11, 2019 Listed by RE/MAX Trinity $299,900
Listed by RE/MAX Trinity
Oct 26, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 748
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 748
  • Gross Building Area: 2,237
  • Building Area: 748
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 748
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 2531014
  • Parcel: SAUG M:006-F B:0005 L:0008
  • Block: 5
  • Lot: 8
  • Municipality: SAUGUS
  • Latitude: 42.4561
  • Longitude: -71.0087

    Address

  • Full Address: 426 Central St
  • Address - House Number: 426
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C002
  • 4-Digit Zip Code: 3633
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $467,900

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 553,857
  • High Value: 648,477
  • Low Value: 459,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,300
  • Assessed Land Value: $262,500
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190417001940
  • Previous Sale Recording Date: Oct 26, 1988
  • Previous Sale Amount: $105,000
  • 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:

$699,450

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2860 ft²

Average Home Age

155.7 years

Currently For Sale

3 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# 72463491

Frequently Asked Questions

When was property at 426 Central Street built and last sold?
The property at 426 Central Street was built in 1940 and last sold on Mar 25, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 426 Central Street is $304,030.
What are some comparable homes to 426 Central Street?
There are currently no comparable homes to 426 Central Street.
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