Active

8 Days on market

482 Main St Saugus — Photo 1 of 42

$650,000

Investment Analysis — 482 Main St

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 3.57% cap rate and $23,235/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,880

Style

Single Family

Built

1964

Set against a natural ledge and wooded backdrop, and located directly across from Breakheart Reservation, this Colonial style home has a rustic warmth that carries from its covered wraparound porch throughout the interior. The front facing living room features a large picture window, wood burning stove, and brick accent wall with knotty pine details. Exposed ceiling beams lead into the open kitchen, where rich oak cabinets, a butcher block island, knotty pine peninsula, and a double sink bring warmth and character to the space. The formal dining room offers warmth with additional exposed beams and knotty pine details. Hardwood floors run throughout the two main living levels. The second floor features three bedrooms, a full bathroom, a large linen closet, and attic access. The finished walk out basement includes a family room with a fireplace, custom built ins, mini split temperature control, a kitchenette with a sink and knotty pine bar counter, and a full bathroom. Outside you will find a large detached front shed, smaller side shed, and off street parking for 6+ cars. This home is located close to the Greenwood MBTA Station, Bellevue Golf Club, and Route 1. Open House Saturday 10/03 12:00PM-1:30PM.

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 1,880 sq ft principal dwelling). Lot size: 26,707 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.