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Saugus 01906 Lynnhurst
505 Walnut Street
$319,900
● House - Off Market

505 Walnut Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$643,357
RealtyHop Estimate
101.11%
Since Feb 1, 2004
MA-Boston
Primary Model

About This Property

MOVE RIGHT INTO THIS UPDATED 7 RM COL!FEATURES NEW ROOF,HEAT CENTRAL AIR,WINDOWS,& GAR DOOR.DESIRABLE 1ST FLR FAMRM, F/P LVRM,HARDWOOD FLRS,ALARM,LG MASTER BDRM W/PRIV BATH,FRESHLY PAINTED EXT,BEAUTIFUL YD W/WATERFALL & NEW PATIO,GAR. MINT!!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$200
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1940

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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 #30775518)

Price History

Date / Event Date Event Price
Jan 30, 2004 Sold
Premium
Sold
Oct 2, 2003 Listed by Carpenito Real Estate, Inc. $319,900
Listed by Carpenito Real Estate, Inc.
Jul 25, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,370
  • Total Building Area: 1,596
  • Gross Building Area: 3,008
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNHURST
  • Land Acres: 0000000215
  • 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: 5000026
  • Parcel: SAUG M:011-G B:0008 L:0005
  • Block: 8
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.475
  • Longitude: -70.9967

    Address

  • Full Address: 505 Walnut St
  • Address - House Number: 505
  • 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: $544,100

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 613,699
  • High Value: 718,542
  • Low Value: 508,856

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,900
  • Assessed Land Value: $268,100
  • Assessed Improvements Value: $242,800

    Sales

  • Current Sale Recording Date: Jan 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 25, 1997
  • Previous Sale Amount: $156,500
  • 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:

$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# 30775518

Frequently Asked Questions

When was property at 505 Walnut Street built and last sold?
The property at 505 Walnut Street was built in 1940 and last sold on Jan 1, 1970 for $319,900.
How much is this home worth?
The estimated value of the home located at 505 Walnut Street is $336,625.
What are some comparable homes to 505 Walnut Street?
There are currently no comparable homes to 505 Walnut Street.
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