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Saugus 01906 Downtown Saugus
7 Prospect St
Photo of 7 Prospect St
Sold on May 25, 2026

29

Map

Photo of 7 Prospect St
Photo of 7 Prospect St
$720,000
● House - Off Market

7 Prospect St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$3,880
Est. Monthly

About This Property

Charming Colonial style home located on a quiet residential street in a convenient Saugus location. This well maintained home offers classic character, a functional layout, and many thoughtful upgrades completed by the seller over the years. Enjoy a spacious yard, perfect for outdoor entertaining, gardening, pets, or future possibilities. The home also features a full basement and attic, providing additional storage and flexibility for future use. Conveniently located near local shops, restaurants, schools, public transportation, and major routes, while still being tucked away in a peaceful neighborhood setting.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$486
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1925

Payment Calculator

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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 #73510045)

Price History

Date / Event Date Event Price
May 25, 2026 Sold
Premium
Sold
May 5, 2026 In contract -
In contract
Apr 29, 2026 Listed by Luo&Co. Realty $680,000
Listed by Luo&Co. Realty
Mar 30, 2017 Sold
Premium
Sold
Feb 7, 2017 Listed by Luo&Co. Realty $449,000
Listed by Luo&Co. Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 705
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,889
  • Total Building Area: 1,258
  • Gross Building Area: 2,379
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 6304004
  • Parcel: SAUG M:009-E B:0008 L:0013
  • Block: 8
  • Lot: 13
  • Municipality: SAUGUS
  • Latitude: 42.4671
  • Longitude: -71.0096

    Address

  • Full Address: 7 Prospect St
  • Address - House Number: 7
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 2154
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,500

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 670,188
  • High Value: 784,682
  • Low Value: 555,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,400
  • Assessed Land Value: $320,800
  • Assessed Improvements Value: $264,600

    Sales

  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 395
  • Previous Sale Recording Date: Nov 21, 2016
  • Previous Sale Amount: $285,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$389

Below Asking

0.02%

Average Days on Market

52

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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73510045

Frequently Asked Questions

When was property at 7 Prospect Street built and last sold?
The property at 7 Prospect Street was built in 1925 and last sold on Jan 1, 1970 for $465,500.
How much is this home worth?
The estimated value of the home located at 7 Prospect Street is $658,748.
What are some comparable homes to 7 Prospect Street?
There are currently no comparable homes to 7 Prospect Street.
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