
23 Laurine Rd Saugus — Photo 1 of 36
$899,500
Investment Analysis — 23 Laurine Rd
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 2.32% cap rate and $20,897/yr in estimated NOI at the $899,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
3,284
Style
Single Family
Built
1950
This one is truly a beauty! Bathed in natural sunlight and packed with thoughtful amenities, this gorgeous 3-bedroom, 3-full-bath ranch sits on an oversized corner lot in one of Saugus’ most desirable neighborhoods. The main level was beautifully renovated in 2014, with all new plumbing, electrical, mechanicals, floors, and doors/windows, creating an inviting open-concept kitchen, dining, and living space with stunning threshold-free hardwood floors throughout. A dedicated home office, convenient laundry room/pantry with additional sink and cabinets, all on the first floor and fully handicap-accessible design—including a chair lift—adds exceptional functionality and flexibility. Step through the sliding doors onto the spacious deck with gazebo, perfect for morning coffee, summer entertaining, or simply soaking up the sunshine. Stroll down to the garden area with mulberry, pear, and fig trees—an extra-special touch that makes the outdoor space feel like your own private retreat. The oversized 2-car garage is insulated and finished, offering plenty of room for vehicles, storage, hobbies, or workspace. Plenty of additional parking with a double-wide driveway. Additional amenities include gas boiler heat (3-zone) and hot water, new central A/C, both gas and wood-burning fireplaces, irrigation system, hard-wired alarm system, and more. The possibilities continue downstairs with a full, finished, dry basement ready to become whatever you envision—additional living space, a recreation room, home gym, entertainment area, bowling alley, or incredible in-law/ADU potential. Sun-filled, beautifully updated, incredibly versatile, and loaded with possibilities—23 Laurine Road is a home you’ll be excited to make your own!
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 3,284 sq ft principal dwelling). Lot size: 12,502 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 Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl BasementListing Agent: Nichole Dimodica
Listing Office: Century 21 North East
MLS® Number: 73578650
