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Saugus 01906 Lynnhurst
7 Sunset Dr.
$515,000
● House - Off Market

7 Sunset Dr.

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,700 Ft²
$515,462
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

This is truly the proverbial "diamond in the rough" . This multi level home boasting approx. 2700 sq. ft. of living space is located in one of the most desirable and low turnover areas of Saugus.  It's also within walking distance of the Lynnhurst school.  The main level offers an open floor plan fireplaced LR/DR area, Eat in Kitchen & enclosed porch. The upper level consists of 3 bedrooms with hardwood floors and full bath.  The lower 2 levels offer a fireplaced family room and an extra spacious room that is currently used as a 4th bedroom.  There is a small full bath on lower level as well and more plumbing in basement to offer additional renovating possibilities. The backyard offers plenty of room for summer gatherings and last but not least, ample parking in attached garage and paved driveway.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #72825608)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
Apr 16, 2021 Listed by Century 21 CELLI $449,900
Listed by Century 21 CELLI

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 1,275
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,600
  • Gross Building Area: 2,725
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNHURST HEIGHTS
  • Land Acres: 0000000230
  • 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: 7072009
  • Parcel: SAUG M:011-F B:0007 L:0002
  • Block: 7
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4739
  • Longitude: -71.0029

    Address

  • Full Address: 7 Sunset Dr
  • Address - House Number: 7
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1321
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $627,700

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 639,132
  • High Value: 748,320
  • Low Value: 529,944

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,400
  • Assessed Land Value: $324,000
  • Assessed Improvements Value: $265,400

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20210701005570
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:

$632,450

Sale Price/ft²

$402

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3827 ft²

Average Home Age

34.4 years

Currently For Sale

8 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: 5 years ago
Data Source: MLS PIN, MLS# 72825608

Frequently Asked Questions

When was property at 7 Sunset Drive built and last sold?
The property at 7 Sunset Drive was built in 1959 and last sold on Jul 1, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 7 Sunset Drive is $0.
What are some comparable homes to 7 Sunset Drive?
There are currently no comparable homes to 7 Sunset Drive.
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