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Saugus 01906 Lynnhurst
43 Riverbank Rd
$260,000
● House - Off Market

43 Riverbank Rd

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,188 Ft²
$508,232
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Why rent when you can own? Nice home in need of some TLC is located in an established neighborhood on large generous sized  lot.  This home has newer kitchen with granite counters and stainless appliances along with replacement windows. The large porch and deck overlook the back yard.   There is also a large oversized garage with bonus room on the second floor.  This is the  perfect home for a contractor or the right buyer.  Home to be sold "as is."
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$235
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1904

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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 #71727519)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
Aug 11, 2014 Listed by Coldwell Banker Residential Brokerage - Lynnfield $279,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Oct 27, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • 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: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,689
  • Total Building Area: 2,542
  • Gross Building Area: 4,142
  • Building Area: 2,542
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,542
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000291
  • 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: 5203019
  • Parcel: SAUG M:009-F B:0002 L:0018
  • Block: 2
  • Lot: 18
  • Municipality: SAUGUS
  • Latitude: 42.4671
  • Longitude: -71.0055

    Address

  • Full Address: 43 Riverbank Rd
  • Address - House Number: 43
  • Address - Street Name: Riverbank
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 2269
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,300

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 536,181
  • High Value: 630,595
  • Low Value: 441,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,300
  • Assessed Land Value: $233,600
  • Assessed Improvements Value: $227,700

    Sales

  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1.21E+8
  • Previous Sale Recording Date: Oct 27, 1999
  • Previous Sale Amount: $207,000
  • 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 Lynnhurst

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$404

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3475 ft²

Average Home Age

39.3 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# 71727519

Frequently Asked Questions

When was property at 43 River Bank Road built and last sold?
The property at 43 River Bank Road was built in 1904 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 43 River Bank Road is $288,245.
What are some comparable homes to 43 River Bank Road?
There are currently no comparable homes to 43 River Bank Road.
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