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Saugus 01906 Cliftondale
505 Central St
$495,000
● House - Off Market

505 Central St

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,379 Ft²
$548,675
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Spacious 7 Rooms, 4 bedroom 2 bath Single Family with beautiful Electric Fireplace and Pellet Stove in the oversized living room feature hardwood floors with french doors leading to sun room/ tv room with stone wall decoration & formal dinning room with china cabinets, kitchen has a gas cooktop and single wall oven, 2nd floor has a 2 bedroom with skylight and 3/4 bathroom, great yard size for entertaining with Patio Gazebo to be left for buyers as a gift, front porch has a trex flooring, wall stone and pine ceiling design, heating system is about 11 years old, central A/C.  Open House Saturday 12:00-1:30pm and Sunday 11:30-12:30pm.
Unit Size
1,379 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$363
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1890

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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 #72919098)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Premium
Sold
Nov 11, 2021 Listed by Delmaschio Group Realty $499,900
Listed by Delmaschio Group Realty
Sep 21, 2015 Sold
Premium
Sold
Jun 12, 2015 Listed by Delmaschio Group Realty $339,900
Listed by Delmaschio Group Realty
Dec 15, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,075
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,070
  • Total Building Area: 1,379
  • Gross Building Area: 3,286
  • Building Area: 1,379
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,379
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Parcel: SAUG M:005-F B:0008 L:0005
  • Block: 8
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4503
  • Longitude: -71.0061

    Address

  • Full Address: 505 Central St
  • Address - House Number: 505
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C013
  • 4-Digit Zip Code: 3744
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $510,900

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 568,547
  • High Value: 693,445
  • Low Value: 443,650

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,700
  • Assessed Land Value: $255,200
  • Assessed Improvements Value: $224,500

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220113003910
  • Previous Sale Recording Date: Sep 21, 2015
  • Previous Sale Amount: $322,000
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$376

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1830 ft²

Average Home Age

107.4 years

Currently For Sale

12 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# 72919098

Frequently Asked Questions

When was property at 505 Central Street built and last sold?
The property at 505 Central Street was built in 1890 and last sold on Jan 11, 2022 for $495,000.
How much is this home worth?
The estimated value of the home located at 505 Central Street is $499,096.
What are some comparable homes to 505 Central Street?
There are currently no comparable homes to 505 Central Street.
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