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Saugus 01906 Oakland Vale
8 Hammersmith Drive
$668,000
● House - Off Market

8 Hammersmith Drive

Saugus, MA 01906
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,586 Ft²
$1,098,276
RealtyHop Estimate
61.75%
Since Mar 1, 2017
MA-Boston
Primary Model

About This Property

Space Abounds In This 24 Year Old Original Owner Home!  Sought After Hammersmith Village!  Keenly Situated On A Private Way.  Open Floor Plan. Large Eat In Kitchen, Welcoming For Large Gatherings. Private Surroundings, Fenced in Yard With Sprinkler System. 2 Tiered Deck (with Gazebo), 3 Season Screened Porch With Double Doors Just Off Kitchen. Stone Fireplace With Wood Burning Stove In Family Room (Cathedral Ceiling) Flowing Off Of In Law Quarters Leading To Main Body Of Home. 4 Bedrooms Upstairs, 1-2 Down. New Front Granite Steps. 5 Year Old Roof.  Newer Anderson Windows. Shutters. Security System. 3 Heat Zones, Central Air. Walk in Master Closet.  Tankless Water System.  8.5 Foot Ceiling Height In Extra Large 25 X 46 Basement. Basement Workshop. Stainless Steel Appliances.
Unit Size
2,586 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$263
Property Type
House
Property Taxes
$608
HOA Dues
$175
Year Built
1992

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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 #72097239)

Price History

Date / Event Date Event Price
Feb 8, 2017 Sold
Premium
Sold
Nov 30, 2016 Listed by Century 21 North Shore $679,000
Listed by Century 21 North Shore
Apr 28, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,634
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,684
  • Total Building Area: 2,586
  • Gross Building Area: 5,308
  • Building Area: 2,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,586
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMERSMITH VILLAGE I
  • Land Acres: 0000000865
  • 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: 208402

Zoning

  • Zoning: NA

Geography

  • Account Number: 7244030
  • Parcel: SAUG M:008-C B:0001 L:0007
  • Block: 1
  • Lot: 7
  • Municipality: SAUGUS
  • Latitude: 42.4614
  • Longitude: -71.0354

    Address

  • Full Address: 8 Hammersmith Dr
  • Address - House Number: 8
  • Address - Street Name: Hammersmith
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Saugus
  • Carrier Code: C033
  • 4-Digit Zip Code: 4168
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $984,900

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,001,100
  • High Value: 1,172,013
  • Low Value: 830,187

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $924,800
  • Assessed Land Value: $446,700
  • Assessed Improvements Value: $478,100

    Sales

  • Current Sale Recording Date: Feb 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 284
  • Previous Sale Recording Date: Apr 28, 1993
  • Previous Sale Amount: $250,470
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Oakland Vale

Stats & Trends

Median Asking:

$734,900

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2850 ft²

Average Home Age

35.1 years

Currently For Sale

7 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# 72097239

Frequently Asked Questions

When was property at 8 Hammersmith Drive built and last sold?
The property at 8 Hammersmith Drive was built in 1992 and last sold on Jan 1, 1970 for $668,000.
How much is this home worth?
The estimated value of the home located at 8 Hammersmith Drive is $685,990.
What are some comparable homes to 8 Hammersmith Drive?
There are currently no comparable homes to 8 Hammersmith Drive.
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