23 Henry St Saugus — Photo 1 of 41
Recent Drop: $10,000
$689,999
Investment Analysis — 23 Henry St
Saugus, MA 01906
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01906 carries an estimated $3,560/mo in gross rent — about a 3.82% cap rate and $26,341/yr in estimated NOI at the $689,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,414
Style
Single Family
Built
1930
Welcome to 23 Henry St, a charming 4-bedroom, 1.5-bath Colonial situated on a generous 14,262 sq. ft. lot in Saugus with NO FLOOD INSURANCE. This well-maintained home offers a great combination of classic character, functional living space, and numerous updates throughout the years. Major improvements include a 2014 roof, solar panels, blown-in insulation to the first floor, and a 200-amp electrical panel, along with a refreshed upstairs bathroom in 2015 and replacement of six single-pane windows plus the main kitchen window in 2018. Recent 2026 exterior updates include new gutters and downspouts, new front porch decking and front stairs, a new shed roof, replacement garage barn doors, and fresh exterior paint on the shed and garage. The backyard is ideal for entertaining and summer enjoyment, featuring a pool with a new liner installed in 2024 and a pool heater added in 2021. With its spacious lot, four bedrooms, outdoor amenities, and extensive list of updates, 23 Henry St presents a wonderful opportunity to own a Colonial in a desirable Saugus location
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: 707 sq ft (the lesser of 900 sq ft or half the 1,414 sq ft principal dwelling). Lot size: 14,262 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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Property History
$689,999
Was $699,999
Sep 9, 2026
MLS® 73570250
$699,999
Aug 31, 2026
MLS® 73570250
Listing Agent: Juan Cano
Listing Office: Broad Sound Real Estate, LLC
MLS® Number: 73570250