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Saugus 01906 Lynnhurst
5 Sanders Drive
$960,000
● House - Off Market

5 Sanders Drive

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,512 Ft²
$5,298
Est. Monthly

About This Property

WELCOME HOME TO THE WOODLANDS!   Custom 8 room, 4 bedroom Colonial boasting kitchen with large peninsula island with seating and ceramic tile flooring, dining room, atrium door to oversized deck, fireplace  living room, fantastic open floor plan for entertaining, convenient 1st floor laundry room, main bedroom room with walk-in closet and private bath offering whirlpool tub and stand up shower, finished lower level offer playroom with built-in bar and slider to yard, central air, two  car garage, stylish farmer's porch, located in sought-after neighborhood!   Close to all major routes, restaurants, and Saugus Center.   An opportunity to live in this wonderful neighborhood doesn't come along very often - take advantage of a great opportunity and invest in your future.   You won't be disappointed!
Unit Size
2,512 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$368
Property Type
House
Property Taxes
$755
HOA Dues
-
Year Built
1998

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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 #73197657)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Feb 7, 2024 In contract -
In contract
Jan 30, 2024 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $925,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,196
  • Total Building Area: 2,512
  • Gross Building Area: 5,232
  • Building Area: 2,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000326
  • 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: 208301

Zoning

  • Zoning: NA

Geography

  • Account Number: 8339007
  • Parcel: SAUG M:013-E B:0001 L:0042
  • Block: 1
  • Lot: 42
  • Municipality: SAUGUS
  • Latitude: 42.4821
  • Longitude: -71.0134

    Address

  • Full Address: 5 Sanders Dr
  • Address - House Number: 5
  • Address - Street Name: Sanders
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1281
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $972,700

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 967,042
  • High Value: 1,044,129
  • Low Value: 889,955

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $913,300
  • Assessed Land Value: $414,500
  • Assessed Improvements Value: $498,800

    Sales

  • Current Sale Contract Date: Mar 29, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240329002980
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:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3701 ft²

Average Home Age

30.3 years

Currently For Sale

8 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# 73197657

Frequently Asked Questions

When was property at 5 Sanders Drive built and last sold?
The property at 5 Sanders Drive was built in 1998 and last sold on Mar 29, 2024 for $960,000.
How much is this home worth?
The estimated value of the home located at 5 Sanders Drive is $937,201.
What are some comparable homes to 5 Sanders Drive?
There are currently no comparable homes to 5 Sanders Drive.
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