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Saugus 01906 Lynnhurst
8 Riverview Avenue
$115,000
● House - Off Market

8 Riverview Avenue

Saugus, MA 01906
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,920 Ft²
$543,019
RealtyHop Estimate
352.89%
Since Oct 1, 1995
MA-Boston
Primary Model

About This Property

GREAT STARTER HOME ON QUIET STREET. ROOF 6 1/2 YRS. OLD. NEW 4 YR. LAUNDRY ROOM. HALF BATH ON FIRST FLOOR. ENCLOSED KNOTTY PINE FRONT PORCH. ALL WINDOWS REPLACED EXCEPT BATH- ROOM.LG. EAT-IN KITCHEN W/PANTRY. LG. DRESSING AREA 2ND FLR.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$62
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #30057487)

Price History

Date / Event Date Event Price
Jul 6, 2022 Sold
Premium
Sold
Jul 29, 1999 Sold
Premium
Sold
Jun 6, 1999 Listed $159,900
Listed
Nov 29, 1996 Sold
Premium
Sold
Jul 22, 1996 Listed $119,900
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 595
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,678
  • Total Building Area: 1,315
  • Gross Building Area: 2,050
  • Building Area: 1,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLDG 05
  • Land Acres: 0000000153
  • 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: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 4076015
  • Parcel: SAUG M:009-F B:0011 L:0011
  • Block: 11
  • Lot: 11
  • Municipality: SAUGUS
  • Latitude: 42.4655
  • Longitude: -71.0009

    Address

  • Full Address: 8 Riverview Ave
  • Address - House Number: 8
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C019
  • 4-Digit Zip Code: 1547
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $534,700

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 584,787
  • High Value: 691,881
  • Low Value: 477,694

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,100
  • Assessed Land Value: $312,000
  • Assessed Improvements Value: $190,100

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220706000880
  • Previous Sale Recording Date: Jul 29, 1999
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27
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 Lynnhurst

Stats & Trends

Median Asking:

$635,000

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

62

Average Home Size

3635 ft²

Average Home Age

41.7 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30057487

Frequently Asked Questions

When was property at 8 Riverview Avenue built and last sold?
The property at 8 Riverview Avenue was built in 1920 and last sold on Sep 13, 2021 for $55,000.
How much is this home worth?
The estimated value of the home located at 8 Riverview Avenue is $179,457.
What are some comparable homes to 8 Riverview Avenue?
There are currently no comparable homes to 8 Riverview Avenue.
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