31 Eustis St. Saugus — Photo 1 of 42
$589,900
Investment Analysis — 31 Eustis St.
Saugus, MA 01906
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 3.20% cap rate and $18,896/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,078
Style
Single Family
Built
1957
Welcome to 31 Eustis Street! Delightful 2 bed 1.5 bath Cape located on a quiet Saugus side street. Admirably maintained by the current owner and the perfect fit for any first-time buyer. Main level includes a charming living room with crown molding and a fireplace, as well as a pellet stove. Dining room is open to the kitchen which has a peninsula and plenty of cabinet and countertop space. Main level also includes a half bathroom and a fantastic 3 season porch overlooking the yard. Upstairs you'll find 2 bedrooms including a great primary bedroom with a walk-in closest. Also on the 2nd floor is a full bathroom. Basement offers a great laundry area and plenty of useable space or leave as storage. Hardwood floors throughout, newer water heater, 200-Amp electric panel, gas heat, vinyl siding & more. This flat lot offers a great backyard with plenty of green space and privacy in the back. 2 DRIVEWAYS & a 1 CAR GARAGE! Peaceful neighborhood with immediate access to tons of outdoor recreational space at Anna Parker Playground as well as the Northern Strand Community Trail. Minutes to Route 1 & the new Middle-High School, and great proximity to Boston. They're not building starter homes anymore so come check this one out before it's gone.
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: 539 sq ft (the lesser of 900 sq ft or half the 1,078 sq ft principal dwelling). Lot size: 5,998 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
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl SecondCeiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Ryan Mirisola
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73577795