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Saugus 01906 Lynnhurst
88 Fairmount Ave
$410,000
● House - Off Market

88 Fairmount Ave

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,451 Ft²
$657,228
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Completely renovated in 2009, this Pristine Cape offers NEWER Gas Heating System, Roof, Siding, Windows, Seamless Gutters, and Electric Fireplace in the living room.  Brand New Water Heater.  Beautiful updated kitchen with Stainless Steel appliances, Granite countertops, Backsplash, and cabinetry with plenty of space.  Spacious Master Bedroom with Walk-In Closet, 1.5 baths, Hardwood Floors, water protection system, and separate dining area.  Finished family room in the lower level with tile flooring and Surround Sound.  Exceptionally neat and clean basement space.  Fantastic large fenced in yard with shed, paver patio, and double driveway. Perfect location for commuting, quiet street, and area amenities. Nothing to do but Move In!  Open House Sunday, September 18th 11-1230
Unit Size
1,451 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$276
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1947

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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 #72068275)

Price History

Date / Event Date Event Price
Dec 13, 2016 Sold
Premium
Sold
Sep 15, 2016 Listed by North Shore Realty Pros $399,900
Listed by North Shore Realty Pros
Sep 15, 2015 Sold
Premium
Sold
Jul 17, 2015 Listed by North Shore Realty Pros $349,900
Listed by North Shore Realty Pros
Sep 29, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 954
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,469
  • Total Building Area: 1,499
  • Gross Building Area: 2,557
  • Building Area: 1,499
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,499
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 5595002
  • Parcel: SAUG M:010-G B:0009 L:0013
  • Block: 9
  • Lot: 13
  • Municipality: SAUGUS
  • Latitude: 42.4711
  • Longitude: -70.9957

    Address

  • Full Address: 88 Fairmount Ave
  • Address - House Number: 88
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Saugus
  • Carrier Code: C005
  • 4-Digit Zip Code: 1427
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $621,600

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 648,882
  • High Value: 759,735
  • Low Value: 538,028

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,700
  • Assessed Land Value: $311,300
  • Assessed Improvements Value: $272,400

    Sales

  • Current Sale Recording Date: Dec 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 154
  • Previous Sale Recording Date: Sep 15, 2015
  • Previous Sale Amount: $360,000
  • Previous 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 Lynnhurst

Stats & Trends

Median Asking:

$627,400

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3529 ft²

Average Home Age

34.2 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 months ago
Data Source: MLS PIN, MLS# 72068275

Frequently Asked Questions

When was property at 88 Fairmount Avenue built and last sold?
The property at 88 Fairmount Avenue was built in 1947 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 88 Fairmount Avenue is $409,447.
What are some comparable homes to 88 Fairmount Avenue?
There are currently no comparable homes to 88 Fairmount Avenue.
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