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Saugus 01906 Lynnhurst
503 Walnut St
$241,000
● House - Off Market

503 Walnut St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,418 Ft²
$508,779
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

3 bedroom Storybook cape in desirable Lynnhurst location offering an over-sized master with a large walk-in closet, eat-in kitchen w/ updated cabinets, and formal dining area. Laundry room and finished playroom in basement are a huge bonus! So many places to relax! Enjoy views of Birch Pond from your sun-drenched den, gather around your outdoor fireplace, or put your feet up on your deck. Perfect for commuters. Conveniently located to RT 1 and short walk to bus stop.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$176
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1945

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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 #71360005)

Price History

Date / Event Date Event Price
Aug 10, 2012 Sold
Premium
Sold
Mar 30, 2012 Listed by J. Borstell Real Estate, Inc. $249,900
Listed by J. Borstell Real Estate, Inc.
Sep 9, 2005 Sold
Premium
Sold
Jun 5, 2005 Listed by J. Borstell Real Estate, Inc. $365,900
Listed by J. Borstell Real Estate, Inc.
Sep 28, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 746
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,216
  • Total Building Area: 1,354
  • Gross Building Area: 2,398
  • Building Area: 1,354
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,354
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNHURST
  • Land Acres: 0000000143
  • 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: 8786026
  • Parcel: SAUG M:011-G B:0008 L:0006
  • Block: 8
  • Lot: 6
  • Municipality: SAUGUS
  • Latitude: 42.4751
  • Longitude: -70.9969

    Address

  • Full Address: 503 Walnut St
  • Address - House Number: 503
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1440
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $532,400

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 589,574
  • High Value: 699,793
  • Low Value: 479,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $499,900
  • Assessed Land Value: $258,600
  • Assessed Improvements Value: $241,300

    Sales

  • Current Sale Recording Date: Aug 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 27
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

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# 71360005

Frequently Asked Questions

When was property at 503 Walnut Street built and last sold?
The property at 503 Walnut Street was built in 1945 and last sold on Jan 1, 1970 for $241,000.
How much is this home worth?
The estimated value of the home located at 503 Walnut Street is $268,790.
What are some comparable homes to 503 Walnut Street?
There are currently no comparable homes to 503 Walnut Street.
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