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Saugus 01906 Lynnhurst
7 Oak Point Rd
$545,900
● House - Off Market

7 Oak Point Rd

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,256 Ft²
$812,134
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

7 Oak Point Circle offers all that is sought in today's lifestyle. Enjoy open-concept living with a remodeled kitchen featuring granite counter tops and stainless steel appliances.  The downstairs kitchen opening up to a sun-splashed grand living/family room with vaulted ceilings, fireplace, and radiant heat yields the feel and openness that buyers covet in their home search.  This grand room opens out to a newer trex deck and uniquely private yard ideal for gatherings large and small.  The swimming pool (can be removed if buyer requests) and hot tub perfectly compliment this 'entertainers' setting.  Upstairs, you'll find spacious bedrooms, a master suite and third floor flex or media/play room!  A two-car garage and plenty of room to park several cars or even a small boat.
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$233
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1980

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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 #72250223)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Oct 19, 2021 Listed by RE/MAX Leading Edge $649,000
Listed by RE/MAX Leading Edge
Jan 29, 2018 Sold
Premium
Sold
Nov 1, 2017 Listed by RE/MAX Leading Edge $524,900
Listed by RE/MAX Leading Edge
May 2, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 899
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,779
  • Total Building Area: 2,256
  • Gross Building Area: 5,524
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • 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: 8389004
  • Parcel: SAUG M:011-E B:0009 L:0006
  • Block: 9
  • Lot: 6
  • Municipality: SAUGUS
  • Latitude: 42.4763
  • Longitude: -71.0123

    Address

  • Full Address: 7 Oak Point Rd
  • Address - House Number: 7
  • Address - Street Name: Oak Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 2009
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,900

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 664,851
  • High Value: 718,231
  • Low Value: 611,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,700
  • Assessed Land Value: $302,900
  • Assessed Improvements Value: $376,800

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211221002250
  • Previous Sale Recording Date: Jan 29, 2018
  • Previous Sale Amount: $545,900
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72250223

Frequently Asked Questions

When was property at 7 Oak Point Road built and last sold?
The property at 7 Oak Point Road was built in 1980 and last sold on Dec 21, 2021 for $640,000.
How much is this home worth?
The estimated value of the home located at 7 Oak Point Road is $656,745.
What are some comparable homes to 7 Oak Point Road?
There are currently no comparable homes to 7 Oak Point Road.
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