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Saugus 01906 North Saugus
87 Hobson
$548,000
● House - Off Market

87 Hobson

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,449 Ft²
$646,468
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

Wonderfully maintained home in the same family since 1966. Stunning curb appeal. Home is currently being used as a 2 bedroom however could easily be converted to a 3 bedroom as one of the bedrooms on the second floor is front to back. The first floor offers a vaulted ceiling family room, dining room, formal living room, kitchen with access to back covered porch and a full bath. Second floor has two large bedrooms and a full bath. One car garage, huge driveway, beautiful corner lot with tremendous privacy. Property consists of two lots combining over half an acre of land on a corner lot.
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$406
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1953

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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 #72916689)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Nov 10, 2021 Listed by Keller Williams Realty Evolution $589,000
Listed by Keller Williams Realty Evolution
May 1, 2002 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 945
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,226
  • Total Building Area: 0
  • Gross Building Area: 3,000
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000212
  • Standard Land Use Code: 8012
  • County Land Use Code: 132

Neighborhood

  • School District Name: Saugus School District
  • School Tax School District: SAUGUS SD
  • Census Tract: 208302

Zoning

  • Zoning: NA

Geography

  • Account Number: 8498021
  • Parcel: SAUG M:014-E B:0007 L:0005
  • Block: 7
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4857
  • Longitude: -71.0095

    Address

  • Full Address: 87 Hobson St
  • Address - House Number: 87
  • Address - Street Name: Hobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C024
  • 4-Digit Zip Code: 1255
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,500
  • Assessed Land Value: $3,500

    Sales

  • Current Sale Recording Date: May 01, 2002
  • Current Sale Price:
    Premium
  • Current 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 North Saugus

Stats & Trends

Median Asking:

$789,000

Sale Price/ft²

$393

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2684 ft²

Average Home Age

49.4 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# 72916689

Frequently Asked Questions

When was property at 87 Hobson Street built and last sold?
The property at 87 Hobson Street was built in 1953 and last sold on Jan 1, 1970 for $4,000.
How much is this home worth?
The estimated value of the home located at 87 Hobson Street is $592,353.
What are some comparable homes to 87 Hobson Street?
There are currently no comparable homes to 87 Hobson Street.
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