26
Map
$515,000
●
Condo -
Off Market
38 Pearl St #2
Everett, MA 02149
3 Beds
1 Bath
936 Ft²
$3,199
Est. Monthly
$257
HOA / Fees
5.94%
Cap Rate
About This Property
Stunning, spotless, and completely renovated! Completely
gut-rehabbed in 2017, meticulously designed with no detail spared.
Featuring a new roof, new back porch, new heating system, fully
updated electrical wiring, modern plumbing, sleek new windows, and
an Ecobee thermostat. Enjoy bright, spacious bedrooms (even room
for a home office!), a bright and beautiful tiled bathroom, and an
inviting eat-in kitchen with granite countertops and sparkling
stainless steel appliances. Gleaming hardwood floors flow
seamlessly throughout. In-unit laundry tucked into a dedicated
washer/dryer room. Renovated front and back porches. Central
heating and cooling. Freshly painted throughout, this home features
a deeded basement storage room for added space and organization.
Close to popular shops, excellent schools, major roads, and public
transportation routes. The perfect blend of modern amenities
and unbeatable convenience. Deeded parking space. Pets
allowed.
Unit Size
936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$533
Property Type
Condo
Property Taxes
$491
HOA Dues
$257
Year Built
1890
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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 #73375696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed | $499,000 | |
| Listed | |||
| Oct 13, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Compass | $359,000 | |
| Listed by Compass | |||
| | |||
|
New to the Market! Complete gut rehab second floor Condo! Brand new roof, brand new Heating System, brand new electrical, brand new plumbing, brand new windows offering 3 bedrooms, a new tiled bathroom, eat-in-kitchen including new stainless steel appliances and new granite counter tops, hardwood floors throughout the unit, washer/dryer room, renovated front and back wooden porches.Central heating/cooling. This unit also comes with deeded basement storage room. This unit also includes 1 deeded parking space with brand new paved driveway.Close to shops,schools, major roads, bus routes,etc.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Deeded, Off Street, Paved
Interior Details
Full Bathrooms: 1
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Wood
Laundry Features: Main Level, Electric Dryer Hookup, Washer Hookup, In Unit, Closet - Walk-in, Flooring - Hardwood, Lighting - Overhead, First Floor
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 936
Year Built Source: Public Records
Year Built: 1890
Building Name: 38 Pearl Street Condominium
Building Area Total: 936
Building Area Units: Square Feet
Construction Materials: Stone
Patio and Porch Features: Porch, Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $517,100
Tax Annual Amount: $5,890
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $257
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 |
|---|---|---|---|---|---|---|---|
|
05/15/2025
|
3 Bed
|
1 Bath
|
936 ft²
|
$499,000
3 Bed
1 Bath
936 ft²
|
$515,000
+3.21%
07/10/2025
|
Katherine Waters Clark
Compass
| |
|
07/15/2020
|
3 Bed
|
1 Bath
|
936 ft²
|
$429,000
3 Bed
1 Bath
936 ft²
|
$420,000
-2.10%
10/02/2020
|
Michelle Pena
Pena Realty Corporation
| |
|
08/22/2017
|
3 Bed
|
1 Bath
|
-
|
$379,000
3 Bed
1 Bath
|
$367,500
-3.03%
10/31/2017
|
Marina Kotlyar
RE/MAX Vision
| |
|
08/04/2017
|
3 Bed
|
1 Bath
|
1007 ft²
|
$359,000
3 Bed
1 Bath
1007 ft²
|
$361,800
+0.78%
10/13/2017
|
Katherine Waters Clark
Compass
| |
|
04/12/2015
| |
6 Bed
|
3 Bath
|
3381 ft²
|
$419,900
6 Bed
3 Bath
3381 ft²
|
$385,000
-8.31%
07/21/2015
|
Emma D'Angelo
Century 21 North Shore
|
Building Info
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