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Saugus 01906 Lynnhurst
49 Fairmount Avenue
$257,500
● House - Off Market

49 Fairmount Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,436 Ft²
$563,124
RealtyHop Estimate
101.19%
Since Apr 1, 2013
MA-Boston
Primary Model

About This Property

Feel the warmth & homey feeling as soon as you enter the front door of this charming Cape Cod style home.  Owned, occupied & built by the same family.  Lg fireplace living room  w/hardwd floors, spacious dining room w/ built in china closet separating the kitchen & bedrooms on 1st floor.  Total of 6 rooms & 3 bedrooms PLUS large additional unfinished room on second level along with 1 1/2 baths. Nicely set on a 14,000+ sq. ft. bright and sunny lot with new driveway. Located in Lynnhurst area.
Unit Size
1,436 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$195
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #71476584)

Price History

Date / Event Date Event Price
Mar 28, 2013 Sold
Premium
Sold
Jan 28, 2013 Listed by Carpenito Real Estate, Inc. $279,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 1,082
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,431
  • Total Building Area: 1,894
  • Gross Building Area: 3,291
  • Building Area: 1,894
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,894
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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: 947019
  • Parcel: SAUG M:011-G B:0001 L:0010
  • Block: 1
  • Lot: 10
  • Municipality: SAUGUS
  • Latitude: 42.4733
  • Longitude: -70.998

    Address

  • Full Address: 49 Fairmount Ave
  • Address - House Number: 49
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1424
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,800

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 711,712
  • High Value: 833,300
  • Low Value: 590,125

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,300
  • Assessed Land Value: $339,900
  • Assessed Improvements Value: $314,400

    Sales

  • Current Sale Recording Date: Mar 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 540961
  • Previous Sale Recording Date: May 16, 2008
  • Previous Sale Document Type: 48
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71476584

Frequently Asked Questions

When was property at 49 Fairmount Avenue built and last sold?
The property at 49 Fairmount Avenue was built in 1959 and last sold on Jan 1, 1970 for $257,500.
How much is this home worth?
The estimated value of the home located at 49 Fairmount Avenue is $293,180.
What are some comparable homes to 49 Fairmount Avenue?
There are currently no comparable homes to 49 Fairmount Avenue.
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