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409 Lewis O Gray #409 Saugus — Photo 1 of 35

409 Lewis O Gray #409 Saugus — Photo 1 of 35

$619,000

Investment Analysis — 409 Lewis O Gray #409

Saugus, MA 01906 — Sheffield Heights

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01906 carries an estimated $2,690/mo in gross rent — about a 1.92% cap rate and $11,875/yr in estimated NOI at the $619,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

3

SqFt

2,396

Style

Single Family

Built

1984

Looking for the space and feel of a single-family home without all the exterior maintenance? This spacious Sheffield Heights townhouse offers nearly 2,300 square feet of living space across four finished levels, two private outdoor spaces, and a flexible floor plan—all with the benefits of condominium ownership.The main level features a bright, open-concept living and dining area with direct access to a private balcony, plus an eat-in kitchen with granite countertops, stainless steel appliances, custom cabinetry, and open shelving. A half bath completes this level. Upstairs are two generously sized bedrooms, including a primary suite with private bath and double closets, along with an additional full hallway bath.The finished third floor provides valuable flex space for a 3rd bedroom, home office, guest area, media room, fitness space, or creative studio. The walk-out lower level offers even more room to spread out, with a family room opening to a private patio, half bath/laundry, and additional hobby or workshop space.With generous storage throughout and four finished levels, there is room to live, work, entertain, and unwind.Enjoy the ease of condominium living along with Sheffield Heights amenities, including a clubhouse, swimming pool, and tennis courts. Convenient to major routes, shopping, dining, Soc’s Ice Cream, and nearby Breakheart Reservation. The space of a house. The convenience of a condo. Come see how much room is behind the front door. This property is also listed as a Townhouse MLS#73574517.

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$619,000
Annual Taxes$5,374
HOA Fee$607

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Finished, Walk-Out Access

Climate & Utilities

HeatingCentral, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningNA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2Bathroom 3
First
Bathroom 1
Basement
Family Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

19 x 13

Flooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl Main,First

16 x 6

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl Main,First

12 x 11

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl Basement

19 x 12

Flooring - Vinyl, Exterior Access, Slider

Primary Bedroom
Lvl Second

16 x 12

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

16 x 11

Bathroom 1
Lvl First

4 x 4

Bathroom - Half

Bathroom 2
Lvl Second

5 x 9

Bathroom - Full

Bathroom 3
Lvl Second

6 x 9

Bathroom - Full

Listing Provided By

Listing Agent: Meg Michaels

Listing Office: Residential Realty Group

MLS® Number: 73585506