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Saugus 01906 Downtown Saugus
56 Pearson Street
$413,000
● House - Off Market

56 Pearson Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,537 Ft²
$651,135
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Spacious seven room, three bedroom, two bath colonial in a fantastic family neighborhood within walking distance of Saugus Center. Home features large rooms, a full eat in kitchen, an enclosed front porch to enjoy on summer nights, ample storage in the basement and attic, newer windows/siding and roof, a newer first floor full bath, a private rear deck, a two car garage and a professionally landscaped yard with lots of parking. Located on a quiet side street.
Unit Size
1,537 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$286
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1900

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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 #72359052)

Price History

Date / Event Date Event Price
Sep 24, 2018 Sold
Premium
Sold
Jul 10, 2018 Listed by Gannon Real Estate $439,900
Listed by Gannon Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,537
  • Gross Building Area: 3,160
  • Building Area: 1,537
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,537
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 208200

Zoning

  • Zoning: NA

Geography

  • Account Number: 2733011
  • Parcel: SAUG M:008-F B:0006 L:0013
  • Block: 6
  • Lot: 13
  • Municipality: SAUGUS
  • Latitude: 42.4634
  • Longitude: -71.0051

    Address

  • Full Address: 56 Pearson St
  • Address - House Number: 56
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C014
  • 4-Digit Zip Code: 2337
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $571,200

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 624,207
  • High Value: 737,379
  • Low Value: 511,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $536,300
  • Assessed Land Value: $306,000
  • Assessed Improvements Value: $230,300

    Sales

  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 181029001170
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Amount: $413,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2235 ft²

Average Home Age

200 years

Currently For Sale

2 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# 72359052

Frequently Asked Questions

When was property at 56 Pearson Street built and last sold?
The property at 56 Pearson Street was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Pearson Street is $443,766.
What are some comparable homes to 56 Pearson Street?
There are currently no comparable homes to 56 Pearson Street.
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