$1,000,000
●
Multifamily -
Off Market
39-41 Luke Rd
Everett, MA 02149
5 Beds
2 Baths,
2
Half Baths
2,184 Ft²
$5,969
Est. Monthly
4.16%
Cap Rate
About This Property
Attention Investors & Owner Occupants! Rare fully renovated
two-family in Everett, directly across from a park. Extensive
updates include new plumbing, electrical work, Navien combi
boilers/HW tanks, baseboard heating, a new roof, windows, and an
insulated basement with a new concrete floor. Each unit offers
condo-quality finishes: a spacious 2BR and a large 3BR, both with
brand-new kitchens featuring 42" white shaker cabinets, quartz
counters, stylish tile, and BEKO appliances. Each has 1.5 updated
baths, hardwood floors, new trim/doors, and laundry hookups.
Exterior highlights include off-street parking, two large decks,
and a spacious private yard. Prime location with easy access to
Route 1 and Boston-turn-key investment opportunity!
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$489
Property Type
Multifamily
Property Taxes
$719
HOA Dues
-
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: 9 months ago (MLSPIN #73434500)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Paved Drive
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Open Floorplan, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
Appliances: Disposal, Microwave, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
Flooring Type: Hardwood, Wood, Stone/Ceramic Tile
Rooms: 12
Basement: Sump Pump, Unfinished
Exterior Details
Square Footage: 2184
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean
Building Area Total: 2184
Levels: 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Box/Bay/Bow Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3441
Tax Lot: 000225
Water Source: Public
Financial Details
Tax Map Number: L0
Tax Assessed Value: $757,800
Tax Annual Amount: $8,631
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
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 |
|---|---|---|---|---|---|---|---|
|
09/24/2025
| |
5 Bed
|
2 Bath
|
2184 ft²
|
$1,079,000
5 Bed
2 Bath
2184 ft²
|
$1,000,000
-7.32%
01/30/2026
|
John Saleh
Centre Realty Group
|
|
04/22/2024
| |
5 Bed
|
4 Bath
|
-
|
$979,000
5 Bed
4 Bath
|
-
-
|
Lior Rozhansky
Engel & Volkers Boston
|
|
04/11/2024
|
2 Bed
|
2 Bath
|
-
|
$465,000
2 Bed
2 Bath
|
-
-
|
Lior Rozhansky
Engel & Volkers Boston
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017