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Everett 02149 Glendale
48 Nichols Street
$495,000
● House - Off Market

48 Nichols Street

Everett, MA 02149
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,849 Ft²
$640,562
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Large single family on over 8,500 + square foot corner lot.   Enclosed front and side porches.  Large eat in kitchen.  Double parlor with separated by double doors.  Dining room has built in CC.  Large rooms with high ceilings. Front parlor & bonus room have tin ceilings.  Walk up third floor with two unheated rooms. Detached two car garage. Beautiful yard. Close to schools,  shopping and the casino. To be sold as is.  ...Will not pass FHA.  In the DD - Dwelling district, Possible 2F or 3F conversion possibilities.  This is a great opportunity for the contractor.
Unit Size
2,849 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$172
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1885

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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: 4 months ago (MLSPIN #72636727)

Price History

Date / Event Date Event Price
Sep 24, 2020 Sold
Premium
Sold
Mar 21, 2020 Listed by Brad Hutchinson Real Estate $489,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,064
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,581
  • Total Building Area: 2,849
  • Gross Building Area: 4,596
  • Building Area: 2,849
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,849
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000197
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Everett School District
  • Census Tract: 342101

Zoning

  • Zoning: DD

Geography

  • Account Number: M00008 00
  • Parcel: EVER M:M0 B:08 L:000178
  • Block: 8
  • Lot: 178
  • Municipality: EVERETT
  • Latitude: 42.4085
  • Longitude: -71.044

    Address

  • Full Address: 48 Nichols St
  • Address - House Number: 48
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: MA
  • City Name: Everett
  • Carrier Code: C023
  • 4-Digit Zip Code: 4905
  • Zip Code: 02149

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,800
  • Initial Tax Delinquent Year: 2024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $567,000
  • Assessed Land Value: $567,000

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 169988
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 Glendale

Stats & Trends

Median Asking:

$749,999

Sale Price/ft²

$392

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2193 ft²

Average Home Age

100.7 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72636727

Frequently Asked Questions

When was property at 48 Nichols Street built and last sold?
The property at 48 Nichols Street was built in 1885 and last sold on Sep 3, 2020 for $495,000.
How much is this home worth?
The estimated value of the home located at 48 Nichols Street is $532,976.
What are some comparable homes to 48 Nichols Street?
There are currently no comparable homes to 48 Nichols Street.
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