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Saugus 01906 Lynnhurst
61 Central Street
$720,000
● House - Off Market

61 Central Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,138 Ft²
$3,834
Est. Monthly

About This Property

Desirable Split Entry Ranch style home offers 6+ rooms, 3 bedrooms, 1 1/2 baths, fireplace living room, kitchen with granite counters, subway tile backsplash, open to dining area with ceramic tile flooring, main bedroom offers half bath, hardwood flooring, finished lower level offers family room with fireplace and newer vinyl flooring, playroom with kitchenette - great for summer enjoyment with inground pool!  Many updates include replacement windows, Bath Fitter bathtub enclosure, deck, rear exterior stairs, garage door and opener, pool liner and filter, three toilets, and high efficiency, gas heating system with on demand hot water.  Conveniently located close to Saugus Center, Route I, restaurants and shopping.  Welcome Home to 61 Central Street!
Unit Size
2,138 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$318
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73276442)

Price History

Date / Event Date Event Price
Oct 2, 2024 Sold
Premium
Sold
Aug 20, 2024 In contract -
In contract
Aug 12, 2024 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $679,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Desirable Split Entry Ranch style home offers 6+ rooms, 3 bedrooms, 1 1/2 baths, fireplace living room, kitchen with granite counters, subway tile backsplash, open to dining area with ceramic tile flooring, main bedroom offers half bath, hardwood flooring, finished lower level offers family room with fireplace and newer vinyl flooring, playroom with kitchenette - great for summer enjoyment with inground pool! Many updates include replacement windows, Bath Fitter bathtub enclosure, deck, rear exterior stairs, garage door and opener, pool liner and filter, three toilets, and high efficiency, gas heating system with on demand hot water. Conveniently located close to Saugus Center, Route I, restaurants and shopping. Welcome Home to 61 Central Street!
Jul 28, 2000 Sold
Premium
Sold
Jun 18, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 1,296
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,549
  • Total Building Area: 2,138
  • Gross Building Area: 2,592
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VILLAGE CONDO
  • Land Acres: 0000000173
  • 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: 208301

Zoning

  • Zoning: NA

Geography

  • Account Number: 2478007
  • Parcel: SAUG M:012-E B:0011 L:0014
  • Block: 11
  • Lot: 14
  • Municipality: SAUGUS
  • Latitude: 42.4798
  • Longitude: -71.0102

    Address

  • Full Address: 61 Central St
  • Address - House Number: 61
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1249
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $594,200

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 708,832
  • High Value: 829,802
  • Low Value: 587,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,900
  • Assessed Land Value: $262,700
  • Assessed Improvements Value: $295,200

    Sales

  • Current Sale Recording Date: Jul 28, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 18, 1991
  • Previous Sale Amount: $177,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73276442

Frequently Asked Questions

When was property at 61 Central Street built and last sold?
The property at 61 Central Street was built in 1963 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 61 Central Street is $691,514.
What are some comparable homes to 61 Central Street?
There are currently no comparable homes to 61 Central Street.
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