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Everett 02149 West Everett
15 Otis St
$575,000
● House - Off Market

15 Otis St

Everett, MA 02149
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$840,221
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Fully and tastefully renovated SFH with offstreet parking, enclosed porch, open deck and fenced in back yard. Second floor brand new addition. Conveniently located near many amenities, schools, and at easy access to RT 99, RT16 and minutes from Boston. Beautiful brand new kitchen with granite countertop, back splash, stainless steel appliances, disposal, breakfast bar and recessed lighting. All Brand New: Tiled Bathrooms, Electrical and Plumbing, HVAC (central heat and cooling), Roof, Siding, Tankless Water Heater, Hardwood Floors throughout.  Clean and Spacious semi-finished basement with Laundry hook up, cabinet space and sink and a half Bathroom. Do not miss this opportunity to own a fully renovated home just minutes from Boston!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$295
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72564952)

Price History

Date / Event Date Event Price
Nov 18, 2019 Sold
Premium
Sold
Sep 13, 2019 Listed by Solution Brokers Inc $589,900
Listed by Solution Brokers Inc
Jan 10, 2019 Sold
Premium
Sold
Dec 5, 2018 Listed by Solution Brokers Inc $349,900
Listed by Solution Brokers Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 870
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,495
  • Total Building Area: 1,566
  • Gross Building Area: 2,456
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Everett School District
  • Census Tract: 342401

Zoning

  • Zoning: DD

Geography

  • Account Number: E00002 00
  • Parcel: EVER M:E0 B:02 L:000021
  • Block: 2
  • Lot: 21
  • Municipality: EVERETT
  • Latitude: 42.4065
  • Longitude: -71.0608

    Address

  • Full Address: 15 Otis St
  • Address - House Number: 15
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Everett
  • Carrier Code: C032
  • 4-Digit Zip Code: 2615
  • Zip Code: 02149

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,200

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 727,548
  • High Value: 855,231
  • Low Value: 599,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,100
  • Assessed Land Value: $200,900
  • Assessed Improvements Value: $416,200

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180665
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Dec 30, 2018
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Everett

Stats & Trends

Median Asking:

$771,950

Sale Price/ft²

$383

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2659 ft²

Average Home Age

89.2 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72564952

Frequently Asked Questions

When was property at 15 Otis Street built and last sold?
The property at 15 Otis Street was built in 1945 and last sold on Nov 15, 2019 for $575,000.
How much is this home worth?
The estimated value of the home located at 15 Otis Street is $604,571.
What are some comparable homes to 15 Otis Street?
There are currently no comparable homes to 15 Otis Street.
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