
61 Walnut St Saugus — Photo 1 of 42
$2,099,000
Investment Analysis — 61 Walnut St
Saugus, MA 01906
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01906 carries an estimated $3,560/mo in gross rent — about a 0.56% cap rate and $11,715/yr in estimated NOI at the $2,099,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
4,137
Style
Single Family
Built
2019
Welcome home to 61 Walnut St., a stunning contemporary home built in 2019 offering luxury living in every detail. Enter through the custom-built galvanized-iron front door to soaring ceilings and a Venetian plaster accent wall anchoring the open-concept living space, framed by a floating wood staircase. The chef's kitchen boasts sleek cabinetry, a stone-topped island with seating, and a walk-in pantry, perfect for entertaining. Sliders open directly from the kitchen/dining area to a private backyard oasis featuring a heated saltwater pool with automatic cover and well-designed waterfalls with lighting to enjoy the bluestone patio and gazebo, providing covered outdoor entertaining space with a built-in kitchen, TV, and lounge area. Smart-home details include power blinds throughout. Retreat to the spa-inspired primary suite with a fireplace, walk-in closet, freestanding soaking tub, stone-and-glass shower, skylights, and its own fireplace. With 5 bedrooms and 5.5 baths, there's room to stretch out, plus a finished basement. Four bedrooms have their own suites. Enjoy year-round comfort with 2-zone central heat and air, and a 2-car garage. This turnkey home blends modern design with effortless indoor-outdoor living in a convenient location. Truly a must-see!
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 4,137 sq ft principal dwelling). Lot size: 13,930 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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Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl Main,FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full, Closet, Flooring - Hardwood
Bedroom 4
Lvl ThirdCloset, Flooring - Hardwood, Balcony / Deck
Bedroom 5
Lvl BasementFlooring - Vinyl, Recessed Lighting
Bathroom 1
Lvl BasementBathroom - Full
Bathroom 2
Lvl FirstBathroom - Half
Bathroom 3
Lvl SecondBathroom - Full
Property History
$2,099,000
Sep 2, 2026
MLS® 73571114
$217,000
Aug 23, 2011
MLS® 71216436
$220,000
Apr 14, 2011
MLS® 71216436
Listing Agent: Giselle Pajazetovic
Listing Office: Pajazetovic & Company
MLS® Number: 73571114