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Saugus 01906 Lynnhurst
5- Wormstead St
$675,000
● House - Off Market

5- Wormstead St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,450 Ft²
$922,287
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

This amazing colonial style home is ready for you to call home! Everything is new in this property. Gas heading system, central air.   It has all hard wood floors. The new kitchen has new cabinets with Quartz counter top. Beautiful master bedroom with walking closet. Don't miss this opportunity to call home....VACANT ,EASY TO SHOW , ON LOCK BOX  Number on house is 7 Wormstead St
Unit Size
2,450 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$275
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1950

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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 #72645148)

Price History

Date / Event Date Event Price
Jun 29, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed by Century 21 North East $674,798
Listed by Century 21 North East
Jan 2, 2020 Sold
Premium
Sold
Oct 14, 2019 Listed by Century 21 North East $309,000
Listed by Century 21 North East

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 3
  • Basement Area: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,990
  • Total Building Area: 2,430
  • Gross Building Area: 2,584
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 5488014
  • Parcel: SAUG M:009-F B:0006 L:0005
  • Block: 6
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4651
  • Longitude: -71.0028

    Address

  • Full Address: 5 Wormstead St
  • Address - House Number: 5
  • Address - Street Name: Wormstead
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 1552
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,700

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 803,254
  • High Value: 969,637
  • Low Value: 636,872

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,200
  • Assessed Land Value: $302,400
  • Assessed Improvements Value: $304,800

    Sales

  • Current Sale Contract Date: Jun 23, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200629004700
  • Previous Sale Recording Date: Jan 02, 2020
  • Previous Sale Contract Date: Jan 02, 2020
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: O
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

3529 ft²

Average Home Age

34.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72645148

Frequently Asked Questions

When was property at 5 Wormstead Street built and last sold?
The property at 5 Wormstead Street was built in 1950 and last sold on Jun 23, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 5 Wormstead Street is $692,306.
What are some comparable homes to 5 Wormstead Street?
There are currently no comparable homes to 5 Wormstead Street.
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