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Saugus 01906 Oakland Vale
5 Mclean Road
$475,000
● House - Off Market

5 Mclean Road

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,345 Ft²
$825,645
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

One owner well cared for charming brick front L shaped Ranch with garage in the coveted peaceful neighborhood off of Lynn Fells Parkway. Flagstone foyer in the main level that opens up to a spacious living room with brick fireplace and gleaming hardwood floors  Off the living room is a slider that opens to expansive 24' x 16' outdoor deck. The tiled dining room and kitchen wrap around to the living room providing an open floor plan. All 3 bedrooms also boast gleaming hardwood floors. Basement is fully finished with wood burning stove, kitchen, bedroom, living room, bar area, laundry and full bathroom, perfect for teen suite or in-law with a separate outdoor entrance. Backyard also offers a lower patio sitting area that overlooks well maintained grounds.
Unit Size
1,345 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$368
Property Type
House
Property Taxes
$387
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: 4 months ago (MLSPIN #72026241)

Price History

Date / Event Date Event Price
Jul 26, 2016 Sold
Premium
Sold
Jun 20, 2016 Listed by Century 21 North Shore - Agent Network $495,000
Listed by Century 21 North Shore - Agent Network

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,345
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,602
  • Total Building Area: 2,192
  • Gross Building Area: 3,455
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 208401

Zoning

  • Zoning: NA

Geography

  • Account Number: 5463013
  • Parcel: SAUG M:012-C B:0002 L:0002
  • Block: 2
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4774
  • Longitude: -71.0298

    Address

  • Full Address: 5 Mclean Rd
  • Address - House Number: 5
  • Address - Street Name: Mclean
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C023
  • 4-Digit Zip Code: 3110
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $702,000

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 761,737
  • High Value: 882,057
  • Low Value: 641,418

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,200
  • Assessed Land Value: $351,900
  • Assessed Improvements Value: $307,300
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 Oakland Vale

Stats & Trends

Median Asking:

$742,400

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2795 ft²

Average Home Age

45.1 years

Currently For Sale

7 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: 4 months ago
Data Source: MLS PIN, MLS# 72026241

Frequently Asked Questions

When was property at 5 McLean Road built and last sold?
The property at 5 McLean Road was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 McLean Road is $498,786.
What are some comparable homes to 5 McLean Road?
There are currently no comparable homes to 5 McLean Road.
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