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Revere 02151 West Revere
154 Rumney Road
$385,000
● House - Off Market

154 Rumney Road

Revere, MA 02151
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,287 Ft²
$634,010
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Very well maintained raised ranch in West Revere. Hardwood floors throughout! Updated kitchen, 2 full baths. Has central air! Deck off the year round sun room. Partially finished lower level. Two driveways. Large private fenced in backyard. Storage shed. OPEN HOUSE on Sunday March 20th from 12:00 to 2:00 P.M. All offers if any are due by Monday at 12:00 noon..
Unit Size
2,287 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$166
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #71972353)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Jun 21, 2016 Sold
Premium
Sold
Mar 15, 2016 Listed by Patriot Real Estate $379,000
Listed by Patriot Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,173
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,088
  • Total Building Area: 2,287
  • Gross Building Area: 2,526
  • Building Area: 2,287
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,287
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Revere School District
  • School Tax School District: REVERE SD
  • Census Tract: 170301

Zoning

  • Zoning: RB

Geography

  • Account Number: 27/439F/19
  • Parcel: REVE M:27 B:439F L:19
  • Block: 439F
  • Lot: 19
  • Municipality: REVERE
  • Latitude: 42.4214
  • Longitude: -71.0113

    Address

  • Full Address: 154 Rumney Rd
  • Address - House Number: 154
  • Address - Street Name: Rumney
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Revere
  • Carrier Code: C068
  • 4-Digit Zip Code: 5647
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,100

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 683,423
  • High Value: 798,786
  • Low Value: 568,059

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,700
  • Assessed Land Value: $227,300
  • Assessed Improvements Value: $335,400

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124349
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Amount: $385,000
  • 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 Revere

Stats & Trends

Median Asking:

$724,998

Sale Price/ft²

$396

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2071 ft²

Average Home Age

64.1 years

Currently For Sale

43 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71972353

Frequently Asked Questions

When was property at 154 Rumney Road built and last sold?
The property at 154 Rumney Road was built in 1960 and last sold on Nov 15, 2021 for $329,000.
How much is this home worth?
The estimated value of the home located at 154 Rumney Road is $406,176.
What are some comparable homes to 154 Rumney Road?
There are currently no comparable homes to 154 Rumney Road.
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