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Saugus 01906 Downtown Saugus
7 Parker Street
$385,000
● House - Off Market

7 Parker Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,752 Ft²
$891,020
RealtyHop Estimate
117.38%
Since Dec 1, 2002
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION! RARE FIND! WELL MAINTAINED 6+ ROOM HOME. FRENCH DOORS TO SUNNY LIVING ROOM, DINING ROOM W/BUILT IN HUTCH & WOOD STOVE, OAK CABINET KITCHEN W/PANTRY CLOSET. SEMI-FINISHED WALK UP ATTIC. ALL THIS + OVERSZD 3 STORY BARN
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$234
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1890

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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: 5 months ago (MLSPIN #30596244)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed by Hollett R. E., Inc. $549,900
Listed by Hollett R. E., Inc.
Dec 10, 2002 Sold
Premium
Sold
Apr 11, 2002 Listed by Hollett R. E., Inc. $409,900
Listed by Hollett R. E., Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 862
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,403
  • Total Building Area: 1,724
  • Gross Building Area: 3,590
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 4559013
  • Parcel: SAUG M:009-E B:0009 L:0012
  • Block: 9
  • Lot: 12
  • Municipality: SAUGUS
  • Latitude: 42.4665
  • Longitude: -71.0101

    Address

  • Full Address: 7 Parker St
  • Address - House Number: 7
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 2150
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,200

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 670,465
  • High Value: 809,236
  • Low Value: 531,694

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $618,000
  • Assessed Land Value: $322,700
  • Assessed Improvements Value: $295,300

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201023004860
  • Previous Sale Recording Date: Dec 10, 2002
  • Previous Sale Amount: $385,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2921 ft²

Average Home Age

101.5 years

Currently For Sale

2 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: 5 months ago
Data Source: MLS PIN, MLS# 30596244

Frequently Asked Questions

When was property at 7 Parker Street built and last sold?
The property at 7 Parker Street was built in 1890 and last sold on Oct 16, 2020 for $570,000.
How much is this home worth?
The estimated value of the home located at 7 Parker Street is $550,946.
What are some comparable homes to 7 Parker Street?
There are currently no comparable homes to 7 Parker Street.
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