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Saugus 01906 Downtown Saugus
8 Pillings Road
$323,000
● House - Off Market

8 Pillings Road

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,161 Ft²
$680,873
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Lovely raised ranch on quiet street in Iron Works area. Sun filled, fully applianced kitchen with skylight. Beautiful 1 year old bathroom with granite and ceramic tile.  Good size fireplaced living room. Lower level family room with fireplace. Laundry area and kitchenette on lower level. Enjoy the perennial gardens from glass  enclosed sun room. Living area does not include finished basement.
Unit Size
1,161 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$282
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1955

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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 #71422139)

Price History

Date / Event Date Event Price
Oct 18, 2012 Sold
Premium
Sold
Aug 14, 2012 Listed by Gannon Real Estate $326,900
Listed by Gannon Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,161
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,476
  • Total Building Area: 1,509
  • Gross Building Area: 2,501
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 6591023
  • Parcel: SAUG M:010-E B:0002 L:0033
  • Block: 2
  • Lot: 33
  • Municipality: SAUGUS
  • Latitude: 42.4725
  • Longitude: -71.011

    Address

  • Full Address: 8 Pillings Rd
  • Address - House Number: 8
  • Address - Street Name: Pillings
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Saugus
  • Carrier Code: C004
  • 4-Digit Zip Code: 2056
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,600

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 694,917
  • High Value: 802,895
  • Low Value: 586,938

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,200
  • Assessed Land Value: $330,200
  • Assessed Improvements Value: $261,000

    Sales

  • Current Sale Recording Date: Oct 18, 2012
  • Current Sale Price:
    Premium
  • Current 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 Downtown Saugus

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2235 ft²

Average Home Age

200 years

Currently For Sale

2 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: 4 months ago
Data Source: MLS PIN, MLS# 71422139

Frequently Asked Questions

When was property at 8 Pillings Road built and last sold?
The property at 8 Pillings Road was built in 1955 and last sold on Jan 1, 1970 for $323,000.
How much is this home worth?
The estimated value of the home located at 8 Pillings Road is $331,589.
What are some comparable homes to 8 Pillings Road?
There are currently no comparable homes to 8 Pillings Road.
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