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68 Days on market
116 Main Street Saugus — Photo 1 of 40

116 Main Street Saugus — Photo 1 of 40

$649,900

Investment Analysis — 116 Main Street

Saugus, MA 01906

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01906 carries an estimated $3,230/mo in gross rent — about a 3.51% cap rate and $22,814/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,864

Style

Single Family

Built

1910

Wonderful Family Colonial featuring 7 rooms, 3 bedrooms, 1 1/2 baths, eat-in kitchen with pantry area offering granite counters, desirable 1st floor den, spacious living room open to dining room, enclosed front porch, rear deck overlooking large, level yard, two car detached garage, newer gas heating system, 2026 gas hot water heater, conveniently located just outside of Saugus Center, close to shopping and all major routes. "Welcome Home to 116 Main Street"

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,864 sq ft principal dwelling). Lot size: 9,135 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$649,900
Annual Taxes$6,644

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementSump Pump

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
Zoningcall town

Property & Lot

Acres0.21
SqFt Lot9,135
Lot Features--

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Wendy Carpenito

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73545433