12 Third St Saugus — Photo 1 of 26
$619,000
Investment Analysis — 12 Third 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 3.78% cap rate and $23,394/yr in estimated NOI at the $619,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,547
Style
Single Family
Built
1958
Welcome to 12 Third Street! Situated on a desirable corner lot, this charming ranch has been meticulously maintained by the same owners for 60 plus years, and the pride of ownership shows throughout! Hardwood floors flow throughout the first floor, featuring a spacious living room with bay window and fireplace, dining room perfect for entertaining, and a three-season porch off the kitchen with backyard access. The main level also offers an updated full bath with tiled tub surround and double vanity. The finished lower level provides plenty of additional living and entertaining space, plus a ¾ bath with stand-up shower, laundry room with utility sink, backyard access, and access to the one-car garage. A separate utility/storage room offers even more storage and possibilities. Lovingly cared for for six decades, this home is ready for its next chapter. Don’t miss the opportunity to make 12 Third Street 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 2,547 sq ft principal dwelling). Lot size: 8,002 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Tiled With Tub, Double Vanity
Bathroom 2
Lvl BasementBathroom - Tiled With Shower Stall
Listing Agent: T.J. Regan
Listing Office: Century 21 North East
MLS® Number: 73568806
