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Saugus 01906 Oakland Vale
8 Lodge Avenue
$539,200
● House - Off Market

8 Lodge Avenue

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$527,488
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Rare opportunity in the long sought after Oaklandvale neighborhood! Come see this 3 bedroom colonial that is ready for you to make your own. With a spacious backyard, 3 season porch and hardwood floors throughout, this home is ready for its next chapter and looking for someone to renovate and update it. Easy access to everything you need, and right down the street from Breakheart Reservation, Route 1 and a 15 minute drive to Boston. Bring your ideas and your contractor and envision the potential!
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$405
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1944

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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 #73097561)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Apr 20, 2023 In contract -
In contract
Apr 12, 2023 Listed by Residential Realty Group $525,000
Listed by Residential Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • 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: 5
  • 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: 540
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,925
  • Total Building Area: 1,296
  • Gross Building Area: 2,258
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • 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: 208401

Zoning

  • Zoning: NA

Geography

  • Account Number: 5100010
  • Parcel: SAUG M:010-C B:0005 L:0002
  • Block: 5
  • Lot: 2
  • Municipality: SAUGUS
  • Latitude: 42.4719
  • Longitude: -71.0317

    Address

  • Full Address: 8 Lodge Ave
  • Address - House Number: 8
  • Address - Street Name: Lodge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C023
  • 4-Digit Zip Code: 3226
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,100

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 633,968
  • High Value: 749,221
  • Low Value: 518,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $539,100
  • Assessed Land Value: $324,600
  • Assessed Improvements Value: $214,500

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 644490
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:

$749,900

Sale Price/ft²

$365

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2672 ft²

Average Home Age

40.5 years

Currently For Sale

8 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# 73097561

Frequently Asked Questions

When was property at 8 Lodge Avenue built and last sold?
The property at 8 Lodge Avenue was built in 1944 and last sold on May 26, 2023 for $540,200.
How much is this home worth?
The estimated value of the home located at 8 Lodge Avenue is $527,861.
What are some comparable homes to 8 Lodge Avenue?
There are currently no comparable homes to 8 Lodge Avenue.
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