$469,000
●
Condo -
Off Market
227 Hancock Street #2
Everett, MA 02149
2 Beds
1 Bath
865 Ft²
$2,864
Est. Monthly
$155
HOA / Fees
5.47%
Cap Rate
About This Property
Discover unbeatable value in Everett, just minutes from Boston!
This fully renovated, sun-filled 2BR/1BA condo offers style, space
& convenience with 1 off-street parking space, central A/C, tall
ceilings, recessed lighting & gleaming hardwoods throughout. The
open layout is perfect for contemporary living-enjoy a spacious
living/dining area that flows into a sleek kitchen w/white shaker
cabinets, quartz counters, Samsung SS appliances, gas cooking &
French-door fridge w/ice & water. Natural light fill both
generously sized bedrooms w/excellent closet space. The spa-like
bath, full-size in-unit stackable W/D & Nest Thermostat add
comfort. Newer systems: roof, siding, windows, electrical, plumbing
& tankless hot water-ALL 5 yrs young. Shared outdoor space is
perfect for relaxing or grilling. Super low condo fee, 100%
owner-occ, pet-friendly & nothing to do but move in! Prime commuter
location near Rte 93, Rte 1 & minutes to Boston. Showings start
now-don't wait, this one will go fast!
Unit Size
865 Ft²
Days on Market
-
Land Size
-
Price per sqft
$542
Property Type
Condo
Property Taxes
$405
HOA Dues
$155
Year Built
1900
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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: 2 years ago (MLSPIN #73369514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Relisted | $469,000 | |
| Relisted | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed | $469,000 | |
| Listed | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Paved, Exclusive Parking
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Tile, Hardwood
Laundry Features: In Unit
Rooms: 4
Basement: N
Exterior Details
Square Footage: 865
Year Built Source: Public Records
Year Built: 1900
Building Name: 227 Hancock Street Condominium
Building Area Total: 865
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $427,000
Tax Annual Amount: $4,864
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $155
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2025
|
2 Bed
|
1 Bath
|
865 ft²
|
$469,000
2 Bed
1 Bath
865 ft²
|
$469,000
07/02/2025
|
Jennifer Schneider
Century 21 Elite Realty
| |
|
10/03/2022
|
2 Bed
|
1 Bath
|
868 ft²
|
$419,000
2 Bed
1 Bath
868 ft²
|
$415,000
-0.95%
12/05/2022
|
Jennifer Schneider
Century 21 Elite Realty
| |
|
01/21/2020
|
2 Bed
|
1 Bath
|
868 ft²
|
$399,900
2 Bed
1 Bath
868 ft²
|
$379,000
-5.23%
09/25/2020
|
Jose Milanes
Reliance Realty
| |
|
01/21/2020
|
2 Bed
|
1 Bath
|
865 ft²
|
$429,900
2 Bed
1 Bath
865 ft²
|
$430,000
+0.02%
04/02/2020
|
Jose Milanes
Reliance Realty
| |
|
01/21/2020
|
3 Bed
|
2 Bath
|
1756 ft²
|
$499,900
3 Bed
2 Bath
1756 ft²
|
$490,000
-1.98%
03/03/2020
|
Jose Milanes
Reliance Realty
| |
|
10/25/2018
| |
6 Bed
|
4 Bath
|
3969 ft²
|
$509,000
6 Bed
4 Bath
3969 ft²
|
$400,000
-21.41%
02/26/2019
|
John O'Toole
Olde Towne Real Estate Co.
|
|
06/06/2010
| |
6 Bed
|
2 Bath
|
3969 ft²
|
$270,000
6 Bed
2 Bath
3969 ft²
|
-
-
|
Michael Cullen
Coldwell Banker Realty - Lynnfield
|
Building Info
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