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Revere 02151 Oak Island
2 Hansen Ter
Photo of 2 Hansen Ter
Sold on Apr 17, 2006

1

Map

$337,000
● House - Off Market

2 Hansen Ter

Revere, MA 02151
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,525 Ft²
$618,396
RealtyHop Estimate
79.25%
Since May 1, 2006
MA-Boston
Primary Model

About This Property

Breath Taking split entry tucked away in a private dead end street.Central air, central Vac, High ceiling with skylight are just some of the many features that this newer construction has to offer. This space is too small to list everything. Priced reasonably for a quick sale. Call for a showing and bring your check book with you, This one will not last!!!
Unit Size
2,525 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$137
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1988

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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: 6 months ago (MLSPIN #70341486)

Price History

Date / Event Date Event Price
Apr 18, 2006 Sold
Premium
Sold
Mar 6, 2006 Listed $345,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 19
  • 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: 3
  • Basement Area: 1,562
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 2,206
  • Gross Building Area: 2,846
  • Building Area: 2,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,206
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 170400

Zoning

  • Zoning: RA

Geography

  • Account Number: 11/329B/7A
  • Parcel: REVE M:11 B:329B L:7A
  • Block: 329B
  • Lot: 7A
  • Municipality: REVERE
  • Latitude: 42.4266
  • Longitude: -70.988

    Address

  • Full Address: 2 Hansen Ter
  • Address - House Number: 2
  • Address - Street Name: Hansen
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Revere
  • Carrier Code: C014
  • 4-Digit Zip Code: 1400
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499,200

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 643,427
  • High Value: 748,496
  • Low Value: 538,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,900
  • Assessed Land Value: $199,600
  • Assessed Improvements Value: $325,300

    Sales

  • Current Sale Recording Date: Apr 18, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00042581
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 Oak Island

Stats & Trends

Median Asking:

$512,000

Sale Price/ft²

$496

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1114 ft²

Average Home Age

41.1 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

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Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70341486

Frequently Asked Questions

When was property at 2 Hansen Terrace built and last sold?
The property at 2 Hansen Terrace was built in 1988 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 2 Hansen Terrace is $393,415.
What are some comparable homes to 2 Hansen Terrace?
There are currently no comparable homes to 2 Hansen Terrace.
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