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Saugus 01906 Downtown Saugus
48 Jasper Street
$490,000
● House - Off Market

48 Jasper Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,376 Ft²
$516,003
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

LOCATION AND OPPORTUNITY to own this Gambrel style home with the warmth and charm of an earlier period, yours to renovate and decorate to your specific taste and needs. The home sits on a nice corner lot. Come inside and see the spacious kitchen with an abundance of cabinet space and counter area adjacent dining room, sun filled living room and half bath all this rounds off the first floor living space. Upstairs you'll find 3 bedrooms and a full bath. An added feature is the nice breezeway/patio leading to a large 2 car garage.  Home has good bones but in need of some cosmetic renovation, and the possibilities are endless.  There is a lot of value to fall in love with here.  A commuters dream with its close proximity to Route 1, malls, restaurants, retail in Saugus.
Unit Size
1,376 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$349
Property Type
House
Property Taxes
$460
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 #73056789)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Nov 15, 2022 In contract -
In contract
Nov 9, 2022 Listed by Wilson Wolfe Real Estate $479,900
Listed by Wilson Wolfe Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 704
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,376
  • Gross Building Area: 3,322
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 535025
  • Parcel: SAUG M:008-F B:0006 L:0014
  • Block: 6
  • Lot: 14
  • Municipality: SAUGUS
  • Latitude: 42.4632
  • Longitude: -71.0051

    Address

  • Full Address: 48 Jasper St
  • Address - House Number: 48
  • Address - Street Name: Jasper
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C014
  • 4-Digit Zip Code: 2351
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,100

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 598,381
  • High Value: 703,501
  • Low Value: 493,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,200
  • Assessed Land Value: $306,000
  • Assessed Improvements Value: $262,200

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221228002140
  • Previous Sale Recording Date: Aug 03, 2012
  • 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# 73056789

Frequently Asked Questions

When was property at 48 Jasper Street built and last sold?
The property at 48 Jasper Street was built in 1904 and last sold on Dec 28, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 48 Jasper Street is $482,248.
What are some comparable homes to 48 Jasper Street?
There are currently no comparable homes to 48 Jasper Street.
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