Active
58 Days on market
1 Atkinson Drive #5 Saugus — Photo 1 of 21

1 Atkinson Drive #5 Saugus — Photo 1 of 21

Recent Drop: $30,000

$349,900
$319,900

$319,900

Investment Analysis — 1 Atkinson Drive #5

Saugus, MA 01906

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01906 carries an estimated $2,690/mo in gross rent — about a 5.37% cap rate and $17,191/yr in estimated NOI at the $319,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

830

Style

Condominium

Built

1974

Welcome to effortless living at Reyson East Condominium, a long-established community known for comfort and convenience. Step inside to an inviting open floor plan where the kitchen complete with wood cabinetry, breakfast nook, updated dishwasher (2026), and hardwood floors opens beautifully to the dining area and an oversized living room. A newer slider (2020) leads to your private balcony, a peaceful spot to unwind outdoors. The hallway brings you to a full tiled bath, a generous primary bedroom with double closets, and a second bedroom ideal for guests, a home office, or hobbies. You’ll also appreciate the bonus storage room right off the main hallway. With updates including a heat pump and A/C. Hot water heater (2023), plus one deeded parking space and four additional visitor spaces, this home blends practicality with comfort. Close to transit, shopping, schools, and highway access, it’s a perfect fit for anyone seeking easy, connected condo living.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$349,900
Annual Taxes$3,442.28
HOA Fee$325

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Hardwood
BasementN

Climate & Utilities

HeatingHeat Pump, Electric
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
Zoning102

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Balcony / Deck, Exterior Access, Slider, Lighting - Overhead

Kitchen
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Dining Area, Breakfast Bar / Nook, Open Floorplan, Lighting - Overhead

Master Bedroom
Lvl First

Closet, Flooring - Wall to Wall Carpet, Closet - Double

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink

Property History

Price Drop
$319,900

Was $339,900

Sep 9, 2026

MLS® 73550951

Price Drop
$339,900

Was $349,900

Aug 9, 2026

MLS® 73550951

Listed
$349,900

Jul 16, 2026

MLS® 73550951

Listing Provided By

Listing Agent: Barbara Peterson

Listing Office: E.W. Peterson & Son RE

MLS® Number: 73550951