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Saugus 01906 Cliftondale
8 Danforth Ave
$465,000
● House - Off Market

8 Danforth Ave

Saugus, MA 01906
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,778 Ft²
$730,284
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Buyers accepted an out of state job so there is a second chance for this gem!  This oversized cape in a pristine neighborhood has been thoughtfully updated by these 14 year owners and meticulously maintained.  7 rooms and 4 bedrooms offer enough space for a growing or established family.  A private bed/bath combo on the first floor brings options for the extended family.  The current owners have done the addition for you, adding two oversized bedrooms, new roof and two bathrooms less than 10 years ago.
Unit Size
1,778 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$264
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1911

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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 #72176478)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Apr 5, 2021 Listed by Venice Real Estate, LLC $549,999
Listed by Venice Real Estate, LLC
Aug 10, 2017 Sold
Premium
Sold
Jun 5, 2017 Listed by Venice Real Estate, LLC $469,900
Listed by Venice Real Estate, LLC
Nov 6, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • 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: 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: 1,016
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,940
  • Total Building Area: 1,778
  • Gross Building Area: 3,661
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 6332025
  • Parcel: SAUG M:005-E B:0018 L:0003
  • Block: 18
  • Lot: 3
  • Municipality: SAUGUS
  • Latitude: 42.4513
  • Longitude: -71.0091

    Address

  • Full Address: 8 Danforth Ave
  • Address - House Number: 8
  • Address - Street Name: Danforth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C020
  • 4-Digit Zip Code: 3728
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,400

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 637,532
  • High Value: 746,447
  • Low Value: 528,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,400
  • Assessed Land Value: $280,300
  • Assessed Improvements Value: $242,100

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210730005020
  • Previous Sale Recording Date: Aug 10, 2017
  • Previous Sale Amount: $465,000
  • 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 Cliftondale

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1460 ft²

Average Home Age

115.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72176478

Frequently Asked Questions

When was property at 8 Danforth Avenue built and last sold?
The property at 8 Danforth Avenue was built in 1911 and last sold on Jul 30, 2021 for $544,000.
How much is this home worth?
The estimated value of the home located at 8 Danforth Avenue is $551,925.
What are some comparable homes to 8 Danforth Avenue?
There are currently no comparable homes to 8 Danforth Avenue.
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