21 Oakwood Ave Saugus — Photo 1 of 42
$785,000
Investment Analysis — 21 Oakwood Ave
Saugus, MA 01906 — Pleasant Hills
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 2.93% cap rate and $22,968/yr in estimated NOI at the $785,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,800
Style
Single Family
Built
1955
Welcome to 21 Oakwood Ave! Offered for the first time in 50 years, this meticulously maintained home reflects decades of thoughtful care inside and out. Set on a beautifully landscaped lot surrounded by mature greenery. Step inside to hardwood floors and charming details throughout. The living room features a wood-burning fireplace and slider to a balcony overlooking the backyard, with stairs providing direct access to the grounds. A charming dining room flows into the kitchen featuring stainless steel appliances, a wall oven and center island. A first-floor bedroom and full bath offer added flexibility. Upstairs, you'll find two additional bedrooms, including a spacious primary with ample closet space, along with a second full bath. The finished lower level provides substantial additional living space with two direct exterior access points, potential for a 4th bedroom, a full walk-in pantry, and an enclosed screened-in porch overlooking the lush yard. Newer roof as well as exterior cedar shingles painted in 2025. Conveniently located near shopping, dining, Route 1 and public transportation, with Boston, Logan Airport and two area beaches approximately 15 minutes away.
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 2,800 sq ft principal dwelling). Lot size: 10,459 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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Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.583333333 x 16.333333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Deck - Exterior, Exterior Access, Slider
Dining Room
Lvl First12.416666666 x 12.166666666
Flooring - Hardwood
Kitchen
Lvl First20.416666666 x 11.666666666
Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Master Bedroom
Lvl Second19.25 x 14.583333333
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl Second12.5 x 14
Bedroom 3
Lvl First15.5 x 11.666666666
Closet, Flooring - Hardwood, Cable Hookup
Bathroom 1
Lvl First8.083333333 x 8.083333333
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second6.666666666 x 8.5
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Basement11.666666666 x 8.333333333
Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen
Listing Agent: Noelle Medugno
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73565361
