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Saugus 01906 Lynnhurst
8 Alder Street
$410,900
● House - Off Market

8 Alder Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,600 Ft²
$761,562
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

MUST BE SEEN TO BE APPRECIATED!!  This Tastefully decorated and Perfectly maintained 9 room Colonial features welcoming farmer's porch, open foyer to spacious living room, den, full bath, eat-in kitchen with ceramic tile floor, newer backsplash and stainless appliances, oversized formal dining room with gel fireplace opens to heated sunroom overlooking spacious deck and above ground pool.  Second level offers open office/playroom, 3 generous size bedrooms and NEW, designer ceramic tile bath room with laundry. Additional living space in newly finished basement with family room, kitchenette and Sanidry system.   Many recent imporvements include windows, heat, electric and flooring, freshly painted interior & newly refinished hardwood floors.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$162
Property Type
House
Property Taxes
$290
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: 6 months ago (MLSPIN #71749746)

Price History

Date / Event Date Event Price
Mar 30, 2015 Sold
Premium
Sold
Sep 29, 2014 Listed by Carpenito Real Estate, Inc. $419,900
Listed by Carpenito Real Estate, Inc.
Mar 5, 2009 Sold
Premium
Sold
Nov 11, 2008 Listed by Carpenito Real Estate, Inc. $295,000
Listed by Carpenito Real Estate, Inc.
Aug 26, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,342
  • Total Building Area: 1,994
  • Gross Building Area: 4,359
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN SPGS ESTATE
  • Land Acres: 0000000192
  • 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: 2874033
  • Parcel: SAUG M:008-G B:0002 L:0011
  • Block: 2
  • Lot: 11
  • Municipality: SAUGUS
  • Latitude: 42.4639
  • Longitude: -70.999

    Address

  • Full Address: 8 Alder St
  • Address - House Number: 8
  • Address - Street Name: Alder
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 1508
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $656,600

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 707,047
  • High Value: 827,838
  • Low Value: 586,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $616,500
  • Assessed Land Value: $318,000
  • Assessed Improvements Value: $298,500

    Sales

  • Current Sale Recording Date: Mar 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33000467
  • Previous Sale Recording Date: Mar 05, 2009
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: 48
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:

$692,450

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3487 ft²

Average Home Age

52.2 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 71749746

Frequently Asked Questions

When was property at 8 Alder Street built and last sold?
The property at 8 Alder Street was built in 1920 and last sold on Jan 1, 1970 for $410,900.
How much is this home worth?
The estimated value of the home located at 8 Alder Street is $444,011.
What are some comparable homes to 8 Alder Street?
There are currently no comparable homes to 8 Alder Street.
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