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21 Oakwood Ave Saugus — Photo 1 of 42

21 Oakwood Ave Saugus — Photo 1 of 42

$785,000

Investment Analysis — 21 Oakwood Ave

Saugus, MA 01906 — Pleasant Hills

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 2.93% cap rate and $22,968/yr in estimated NOI at the $785,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,800

Style

Single Family

Built

1955

Welcome to 21 Oakwood Ave! Offered for the first time in 50 years, this meticulously maintained home reflects decades of thoughtful care inside and out. Set on a beautifully landscaped lot surrounded by mature greenery. Step inside to hardwood floors and charming details throughout. The living room features a wood-burning fireplace and slider to a balcony overlooking the backyard, with stairs providing direct access to the grounds. A charming dining room flows into the kitchen featuring stainless steel appliances, a wall oven and center island. A first-floor bedroom and full bath offer added flexibility. Upstairs, you'll find two additional bedrooms, including a spacious primary with ample closet space, along with a second full bath. The finished lower level provides substantial additional living space with two direct exterior access points, potential for a 4th bedroom, a full walk-in pantry, and an enclosed screened-in porch overlooking the lush yard. Newer roof as well as exterior cedar shingles painted in 2025. Conveniently located near shopping, dining, Route 1 and public transportation, with Boston, Logan Airport and two area beaches approximately 15 minutes away.

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 2,800 sq ft principal dwelling). Lot size: 10,459 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.

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Open Houses

Property Details

Financials

Original Price$785,000
Annual Taxes$6,490

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Vinyl, Carpet, Laminate, Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Heat Pump, Natural Gas, Electric
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningNA

Property & Lot

Acres0.24
SqFt Lot10,459
Lot FeaturesGentle Sloping

Amenities & Appliances

Gas Water Heater • Tankless Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Basement
Bathroom 3
Living Room
Lvl First

19.583333333 x 16.333333333

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Deck - Exterior, Exterior Access, Slider

Dining Room
Lvl First

12.416666666 x 12.166666666

Flooring - Hardwood

Kitchen
Lvl First

20.416666666 x 11.666666666

Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Second

19.25 x 14.583333333

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl Second

12.5 x 14

Bedroom 3
Lvl First

15.5 x 11.666666666

Closet, Flooring - Hardwood, Cable Hookup

Bathroom 1
Lvl First

8.083333333 x 8.083333333

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

6.666666666 x 8.5

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

11.666666666 x 8.333333333

Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen

Listing Provided By

Listing Agent: Noelle Medugno

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73565361