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Revere 02151 Beachmont
20 State Rd
$365,000
● House - Off Market

20 State Rd

Revere, MA 02151
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$385,939
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

Multiple offers please send highest & Best by 09/17 5:00pm . Anyone Looking for a Summer Project? Tax Card shows Two Bedroom, however additional room on first floor could be Third bedroom. Bring your Tool belt and creative ideas to help restore this home! This  is a great condo alternative without the HOA fees! Don't miss your opportunity to own this cute house and  build sweat equity! Two level of living area good  size back yard with a potential for parking.   Nice investment or flip, walking distance to the beach, Train station, Target-Stop Shop  and many delicious restaurants. "SOLD AS IS". Won't pass FHA. Selling is looking for a quick closing and prefers a Cash Sale.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$286
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1930

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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 #73033762)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 28, 2022 In contract -
In contract
Sep 7, 2022 Listed by Century 21 North East $359,900
Listed by Century 21 North East

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,056
  • Total Building Area: 1,260
  • Gross Building Area: 2,172
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000047
  • 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: 170800

Zoning

  • Zoning: RB

Geography

  • Account Number: 2/49/18
  • Parcel: REVE M:2 B:49 L:18
  • Block: 49
  • Lot: 18
  • Municipality: REVERE
  • Latitude: 42.4
  • Longitude: -70.9905

    Address

  • Full Address: 20 State Rd
  • Address - House Number: 20
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Revere
  • Carrier Code: C043
  • 4-Digit Zip Code: 5427
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 496,871
  • High Value: 580,744
  • Low Value: 412,998

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,600
  • Assessed Land Value: $168,300
  • Assessed Improvements Value: $229,300

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 89525
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 Beachmont

Stats & Trends

Median Asking:

$631,000

Sale Price/ft²

$445

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2315 ft²

Average Home Age

94.8 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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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73033762

Frequently Asked Questions

When was property at 20 State Road built and last sold?
The property at 20 State Road was built in 1930 and last sold on Oct 31, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 20 State Road is $372,636.
What are some comparable homes to 20 State Road?
There are currently no comparable homes to 20 State Road.
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