
1 Atkinson Drive #5 Saugus — Photo 1 of 21
Recent Drop: $30,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstFlooring - Hardwood, Balcony / Deck, Exterior Access, Slider, Lighting - Overhead
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Hardwood, Dining Area, Breakfast Bar / Nook, Open Floorplan, Lighting - Overhead
Master Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink
Property History
$319,900
Was $339,900
Sep 9, 2026
MLS® 73550951
$339,900
Was $349,900
Aug 9, 2026
MLS® 73550951
$349,900
Jul 16, 2026
MLS® 73550951
Listing Agent: Barbara Peterson
Listing Office: E.W. Peterson & Son RE
MLS® Number: 73550951