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Saugus 01906 Lynnhurst
49 Elm St
$369,900
● House - Off Market

49 Elm St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,222 Ft²
$618,787
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

You will want to live here!  Beautifully maintained 3 bedroom Cape on a corner lot in Lynnhurst, with a long list of recent upgrades. Owners have gone the extra mile with a full new roof in Dec 2015, fresh paint 2016, gleaming refinished hardwood floors 2016, energy efficient boiler 2009, power washed siding, rebuilt exterior steps and security system.  Kitchen and dining room area has been remodeled into one big space and all appliances are 2-5 years old. Convenient to shopping (MarketStreet!) major highways and public transportation. Don't miss this one!
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$303
Property Type
House
Property Taxes
$258
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 #71995852)

Price History

Date / Event Date Event Price
Jun 24, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Keller Williams Realty Boston South West $369,900
Listed by Keller Williams Realty Boston South West
Jul 30, 2003 Sold
Premium
Sold
Jun 2, 2003 Listed by Keller Williams Realty Boston South West $359,900
Listed by Keller Williams Realty Boston South West

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 4
  • Exterior Walls Type: 19
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,417
  • Gross Building Area: 2,392
  • Building Area: 1,417
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,417
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 450008
  • Parcel: SAUG M:011-F B:0006 L:0001
  • Block: 6
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4743
  • Longitude: -71.0044

    Address

  • Full Address: 49 Elm St
  • Address - House Number: 49
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1342
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 613,730
  • High Value: 721,547
  • Low Value: 505,913

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $543,700
  • Assessed Land Value: $307,400
  • Assessed Improvements Value: $236,300

    Sales

  • Current Sale Recording Date: Jun 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 315
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Amount: $352,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71995852

Frequently Asked Questions

When was property at 49 Elm Street built and last sold?
The property at 49 Elm Street was built in 1940 and last sold on Jan 1, 1970 for $369,900.
How much is this home worth?
The estimated value of the home located at 49 Elm Street is $371,138.
What are some comparable homes to 49 Elm Street?
There are currently no comparable homes to 49 Elm Street.
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