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Saugus 01906 Lynnhurst
7 Fairview Street
$350,000
● House - Off Market

7 Fairview Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$516,295
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

Desirable Ranch style home offering 6 rooms, 3 bedrooms, 1 bath, bright living room with wood fireplace and hardwood flooring, eat-in kitchen with sliders to great family room with separate heater and cathedral ceilings, full basement with bar, sink and laundry, central air, level yard, driveway, easy highway access, close to transportation. This needs some TLC and updating, but well worth the effort.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$286
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1960

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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 #72438387)

Price History

Date / Event Date Event Price
Feb 15, 2019 Sold
Premium
Sold
Jan 8, 2019 Listed by Carpenito Real Estate, Inc. $349,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,789
  • Total Building Area: 1,224
  • Gross Building Area: 2,160
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 1082008
  • Parcel: SAUG M:010-F B:0013 L:0021
  • Block: 13
  • Lot: 21
  • Municipality: SAUGUS
  • Latitude: 42.4707
  • Longitude: -71.0035

    Address

  • Full Address: 7 Fairview St
  • Address - House Number: 7
  • Address - Street Name: Fairview
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 2229
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $540,200

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 555,223
  • High Value: 655,888
  • Low Value: 454,558

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,200
  • Assessed Land Value: $293,400
  • Assessed Improvements Value: $213,800

    Sales

  • Current Sale Contract Date: Feb 14, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190215002370
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72438387

Frequently Asked Questions

When was property at 7 Fairview Street built and last sold?
The property at 7 Fairview Street was built in 1960 and last sold on Feb 14, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 7 Fairview Street is $358,649.
What are some comparable homes to 7 Fairview Street?
There are currently no comparable homes to 7 Fairview Street.
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