For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Saugus 01906 North Saugus
5 & 14 Bow
$2,300,000
● Land - Off Market

5 & 14 Bow

Saugus, MA 01906
bedrooms
Studio
bathrooms
0 Bath
$2,443,812
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Prime Route 1 Saugus property formerly the site of the Fern Motel. The land consists of 3 parcels M015 B12 L7, Map 015-E B2 L10, Map15-E B12 L 1. Bow Street intersects the land. The land is cleared and fenced. Bow Street goes through the middle of the land. The result is that the land has 2 corners on Route 1 and land on either side of Bow. The addresses for the three parcels are 5 Bow St, 152 Broadway, and 14 Bow St. 5 Bow has 73.01 ft  frontage on Route 1 and 152 Broadway (Lot with the sign) has 91.75 ft frontage on Route 1. 5 Bow St has 355 ft frontage on Bow St. and 152 Broadway has 304 ft frontage which combines with 14 Bow St having 60 ft for a total of 364 ft on Bow St.
Unit Size
-
Days on Market
-
Land Size
1.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,429
HOA Dues
-
Year Built
1984

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72952174)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
Mar 12, 2022 Listed by MA Real Estate Center $2,300,000
Listed by MA Real Estate Center

Property Highlights

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,150
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,769
  • Total Building Area: 1,889
  • Gross Building Area: 2,573
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000316
  • 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: 1844015
  • Parcel: SAUG M:015-E B:0006 L:0016
  • Block: 6
  • Lot: 16
  • Municipality: SAUGUS
  • Latitude: 42.4914
  • Longitude: -71.0165

    Address

  • Full Address: 5 Bow St
  • Address - House Number: 5
  • Address - Street Name: Bow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1103
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,800

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 684,951
  • High Value: 793,141
  • Low Value: 576,760

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,900
  • Assessed Land Value: $337,600
  • Assessed Improvements Value: $276,300
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 North Saugus

Stats & Trends

Median Asking:

$794,000

Sale Price/ft²

$393

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2937 ft²

Average Home Age

49.8 years

Currently For Sale

4 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# 72952174

Frequently Asked Questions

When was property at 5 Bow Street built and last sold?
The property at 5 Bow Street was built in 1984 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Bow Street is $2,323,000.
What are some comparable homes to 5 Bow Street?
There are currently no comparable homes to 5 Bow Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Saugus Homes for Sale
Saugus Houses for Sale
Saugus Condos for Sale
Saugus Multifamily for Sale
Saugus Land for Sale
Saugus Commercial for Sale
Saugus Homes with Basements
Saugus Homes with Pools
Nearby Cities
Lynn Homes for Sale
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Norfolk County, MA Property Records
Rockingham County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Maplewood Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
Winchester Town Center Real Estate
North End Real Estate
Beacon Hill Real Estate
Peabody Town Center Real Estate
Nearby Counties
Lynn Homes for Sale
Cambridge Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Peabody Homes for Sale
Malden Homes for Sale
Revere Homes for Sale
Melrose Homes for Sale
Top Real Estate Agents
Top Agents in North Saugus
Top Agents in Saugus
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Cambridge
Top Agents in Cambridge
Top Agents in Somerville
Top Agents in Somerville