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Saugus 01906 Lynnhurst
6 Newcomb Ave
$290,000
● House - Off Market

6 Newcomb Ave

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
1 Bath
square feet
834 Ft²
$545,845
RealtyHop Estimate
82.56%
Since Feb 1, 2015
MA-Boston
Primary Model

About This Property

Lovely neighborhood! This adorable home located in desirable Lynnhurst area offers a peaceful setting with easy access to Rt 1. This 2 bedroom 1 bath ranch is in need of updating but SOLID as a rock!!! Newer roof, heating system and high efficiency hot water heater make this a great buy. Electric is updated and well maintained. Perimeter drain and sump pump equal a "dry as a bone" basement with plenty of room to finish as additional living space. ATTENTION MECHANICS & CONTRACTORS -THIS IS FOR YOU. Large 2 level garage complete with wood burning stove, electricity and air compressor system. This house has so much potential. Home has been lovingly maintained by the same family for over 40 years and is ready for its new owner.
Unit Size
834 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$359
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1932

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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 #71750917)

Price History

Date / Event Date Event Price
Feb 3, 2015 Sold
Premium
Sold
Oct 1, 2014 Listed by Century 21 North Shore $299,000
Listed by Century 21 North Shore

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 834
  • Gross Building Area: 1,885
  • Building Area: 834
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 9885019
  • Parcel: SAUG M:011-G B:0008 L:0012
  • Block: 8
  • Lot: 12
  • Municipality: SAUGUS
  • Latitude: 42.4748
  • Longitude: -70.9973

    Address

  • Full Address: 6 Newcomb Ave
  • Address - House Number: 6
  • Address - Street Name: Newcomb
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1410
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $515,700

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 537,705
  • High Value: 635,194
  • Low Value: 440,216

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,200
  • Assessed Land Value: $310,500
  • Assessed Improvements Value: $173,700

    Sales

  • Current Sale Recording Date: Feb 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20300172
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71750917

Frequently Asked Questions

When was property at 6 Newcomb Avenue built and last sold?
The property at 6 Newcomb Avenue was built in 1932 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 6 Newcomb Avenue is $301,676.
What are some comparable homes to 6 Newcomb Avenue?
There are currently no comparable homes to 6 Newcomb Avenue.
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