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Saugus 01906 Cliftondale
509 Central
$267,000
● House - Off Market

509 Central

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
2 Baths
square feet
850 Ft²
$492,633
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

Here's your chance to own a solid home or to downsize!  Located in a very convenient spot within walking distance to stores and transportation - this cute home has had many update by it's past owner.  Come and take a look to see what it has to offer!  The roof and heating have been replaced and there is a detached garage that was recently added as well.  The kitchen has ample cabinet space with hardwood flooring and solid-surface counters. The  sunroom is warm and inviting bonus space with hardwood flooring too.  There are French doors, a finished room in the basement, and a walk-up attic for storage.  The main bath is a walk-in jet tub and there is an additional full bath in the lower level.  There is a cute fenced-in yard to enjoy as well!  A great home with lots of potential!
Unit Size
850 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$329
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1930

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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 #71910169)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Jan 6, 2016 Sold
Premium
Sold
Sep 24, 2015 Listed by Coldwell Banker Residential Brokerage - Andover $279,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,650
  • Total Building Area: 1,054
  • Gross Building Area: 2,769
  • Building Area: 1,054
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,054
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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

  • Account Number: 10220000
  • Parcel: SAUG M:005-F B:0008 L:0003
  • Block: 8
  • Lot: 3
  • Municipality: SAUGUS
  • Latitude: 42.45
  • Longitude: -71.0059

    Address

  • Full Address: 509 Central St
  • Address - House Number: 509
  • 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: $477,500

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 527,382
  • High Value: 625,974
  • Low Value: 428,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $448,400
  • Assessed Land Value: $251,000
  • Assessed Improvements Value: $197,400

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210416005600
  • Previous Sale Recording Date: Jan 06, 2016
  • Previous Sale Amount: $267,000
  • 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71910169

Frequently Asked Questions

When was property at 509 Central Street built and last sold?
The property at 509 Central Street was built in 1930 and last sold on Apr 16, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 509 Central Street is $286,614.
What are some comparable homes to 509 Central Street?
There are currently no comparable homes to 509 Central Street.
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