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Saugus 01906 Lynnhurst
70 Central St
$420,000
● House - Off Market

70 Central St

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,474 Ft²
$519,576
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

HANDYMAN/FLIPPER/INVESTOR SPECIAL! Saugus single family at great value and full of potential and ready for immediate occupancy!  Affordable price to own a home at a great location close to schools/restaurants/shopping, in need of updating and TLC, instant equity and make it into yours.  This sunny cape ranch home sits on a large private lot and it has a great open layout, 3bed 1.5bath, unfinished attic and basement with good ceiling height, gas central heat, newer hot water heater, oversized 2 car garage, circular driveway with 6 off street parking, the massive garden (has a shed) in the back also provides additional space to grow your own plants and vegetables.  Quick access to Route1, the Commuter Bus & Rail, Boston and Logan Airport. The property is being sold "As Is," owner has never lived in this home.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$332
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1920

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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 #73021017)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Aug 3, 2022 Listed by RE/MAX Unlimited $489,000
Listed by RE/MAX Unlimited
Nov 30, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by RE/MAX Unlimited $369,900
Listed by RE/MAX Unlimited

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,474
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,474
  • Gross Building Area: 4,422
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 727030
  • Parcel: SAUG M:012-E B:0013 L:0006
  • Block: 13
  • Lot: 6
  • Municipality: SAUGUS
  • Latitude: 42.4793
  • Longitude: -71.0096

    Address

  • Full Address: 70 Central St
  • Address - House Number: 70
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C012
  • 4-Digit Zip Code: 1276
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 560,568
  • High Value: 662,202
  • Low Value: 458,934

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,800
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $161,800

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221007000540
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Nov 24, 2021
  • Previous Sale Amount: $365,000
  • 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 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# 73021017

Frequently Asked Questions

When was property at 70 Central Street built and last sold?
The property at 70 Central Street was built in 1920 and last sold on Oct 6, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 70 Central Street is $489,197.
What are some comparable homes to 70 Central Street?
There are currently no comparable homes to 70 Central Street.
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