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Saugus 01906 Downtown Saugus
9 Montgomery Street
$405,000
● House - Off Market

9 Montgomery Street

Saugus, MA 01906
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,241 Ft²
$576,779
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

The time to buy is now! Affordable six room, three bedroom bungalow in a great neighborhood near public transportation. This home features an updated kitchen with granite countertops and stainless steel appliances, a recently renovated full bath in excellent condition, a large first floor master bedroom with glass doors to a spacious open deck and a formal dining room for holiday entertaining! The owners took great pride in maintaining this property and are passing it on to the next generation! Home sold in "AS IS" condition. Showings begin at the open house Sunday September 9th from 12;00 to 1:30.
Unit Size
1,241 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$314
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1910

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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 #72388601)

Price History

Date / Event Date Event Price
Oct 26, 2018 Sold
Premium
Sold
Sep 5, 2018 Listed by Gannon Real Estate $389,900
Listed by Gannon Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 3
  • 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: 878
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,530
  • Total Building Area: 1,241
  • Gross Building Area: 2,899
  • Building Area: 1,241
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,241
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • 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: 208101

Zoning

  • Zoning: NA

Geography

  • Account Number: 6012015
  • Parcel: SAUG M:007-F B:0029 L:0005
  • Block: 29
  • Lot: 5
  • Municipality: SAUGUS
  • Latitude: 42.4573
  • Longitude: -70.9991

    Address

  • Full Address: 9 Montgomery St
  • Address - House Number: 9
  • Address - Street Name: Montgomery
  • Address - Suffix Type: St
  • State: MA
  • City Name: Saugus
  • Carrier Code: C017
  • 4-Digit Zip Code: 2632
  • Zip Code: 01906

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $507,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 575,250
  • High Value: 676,237
  • Low Value: 474,262

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,200
  • Assessed Land Value: $278,900
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 181026002230
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:

$699,450

Sale Price/ft²

$391

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2860 ft²

Average Home Age

155.7 years

Currently For Sale

3 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# 72388601

Frequently Asked Questions

When was property at 9 Montgomery Street built and last sold?
The property at 9 Montgomery Street was built in 1910 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 9 Montgomery Street is $394,340.
What are some comparable homes to 9 Montgomery Street?
There are currently no comparable homes to 9 Montgomery Street.
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