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Saugus 01906 Cliftondale
57 Richard St
$425,000
● House - Off Market

57 Richard St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$535,023
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Solid 3 bedroom 1.5 bath Cape style home that sits on a quiet dead end street. House has hardwood on the first floor as well as newer windows. Second floor has 2 large bedrooms as well as a half bath. Basement is partially finished and is an open canvas to add more living space. House also features a well maintained level backyard that has an in ground pool for your spring and summer enjoyment. This area is a fantastic commuter location. House is walking distance to an MBTA bus stop and is a short drive down RTE 1 to Boston.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$320
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1958

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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 #72638013)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Mar 25, 2020 Listed by Joe Bean Real Estate $415,000
Listed by Joe Bean Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,627
  • Total Building Area: 1,296
  • Gross Building Area: 2,718
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GASPARE PALERMO
  • Land Acres: 0000000175
  • 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: 1192021
  • Parcel: SAUG M:005-G B:0013 L:0001
  • Block: 13
  • Lot: 1
  • Municipality: SAUGUS
  • Latitude: 42.4511
  • Longitude: -70.992

    Address

  • Full Address: 57 Richard St
  • Address - House Number: 57
  • Address - Street Name: Richard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C007
  • 4-Digit Zip Code: 2859
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,100

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 603,187
  • High Value: 712,549
  • Low Value: 493,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,700
  • Assessed Land Value: $315,500
  • Assessed Improvements Value: $229,200

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201002004940
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

55

Average Home Size

1460 ft²

Average Home Age

115.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72638013

Frequently Asked Questions

When was property at 57 Richard Street built and last sold?
The property at 57 Richard Street was built in 1958 and last sold on Sep 30, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 57 Richard Street is $426,841.
What are some comparable homes to 57 Richard Street?
There are currently no comparable homes to 57 Richard Street.
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