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Saugus 01906 Downtown Saugus
8 Anderson Way
$300,000
● House - Off Market

8 Anderson Way

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,372 Ft²
$613,200
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

Private country setting offers this 7 room ranch with 3 bedrooms, large 3 season room, full basement ready for finishing, secluded 1/2 acre lot abutting conservation land, 2 car garage(tandem)under, quiet dead-end street, newer heating system.  New septic system being installed.  Property needs TLC and is being sold in "as-is" condition.
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$240
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1954

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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 #70495399)

Price History

Date / Event Date Event Price
Jun 22, 2007 Sold
Premium
Sold
Dec 1, 2006 Listed by Carpenito Real Estate, Inc. $329,000
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,178
  • Total Building Area: 1,764
  • Gross Building Area: 3,576
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000532
  • 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: 5432004
  • Parcel: SAUG M:010-E B:0002 L:0004
  • Block: 2
  • Lot: 4
  • Municipality: SAUGUS
  • Latitude: 42.4729
  • Longitude: -71.0151

    Address

  • Full Address: 8 Anderson Way
  • Address - House Number: 8
  • Address - Street Name: Anderson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 3315
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $611,200

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 659,823
  • High Value: 779,453
  • Low Value: 540,194

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $573,900
  • Assessed Land Value: $331,200
  • Assessed Improvements Value: $242,700

    Sales

  • Current Sale Recording Date: Jun 22, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 80667
  • Previous Sale Recording Date: Jun 22, 2007
  • Previous Sale Amount: $300,000
  • 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1415 ft²

Average Home Age

97.3 years

Currently For Sale

3 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: 6 months ago
Data Source: MLS PIN, MLS# 70495399

Frequently Asked Questions

When was property at 8 Anderson Way built and last sold?
The property at 8 Anderson Way was built in 1954 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 8 Anderson Way is $342,763.
What are some comparable homes to 8 Anderson Way?
There are currently no comparable homes to 8 Anderson Way.
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