For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Revere 02151 Downtown Revere
55 Eastern Ave
$380,000
● House - Off Market

55 Eastern Ave

Revere, MA 02151
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,644 Ft²
$550,983
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

SUBJECT TO SHORT SALE APPROVAL!!  Custom built in 1967! This great Ranch style home is centrally located and is sited on a large 8,000 sq ft lot. This home features hardwood floors, 3 bedrooms, master bedroom with cathedral ceilings, living room with fireplace and updated kitchen. Large basement has a big family room area with a fireplace.  Nice double driveway with about 10 car off street parking. Detached oversized garage with fireplace. Deck overlooking above ground pool (needs liner) and nice backyard. No flood insurance required. Property needs lots of work and won't pass FHA.  Buyer responsible to obtain smoke certificate.
Unit Size
2,644 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$151
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1967

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72565067)

Price History

Date / Event Date Event Price
Oct 14, 2020 Sold
Premium
Sold
Aug 25, 2020 Listed by MP Signature Realty LLC $709,974
Listed by MP Signature Realty LLC
May 19, 2020 Sold
Premium
Sold
Sep 14, 2019 Listed by MP Signature Realty LLC $399,000
Listed by MP Signature Realty LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 967
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 2,026
  • Gross Building Area: 2,711
  • Building Area: 2,026
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,026
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Revere School District
  • School Tax School District: REVERE SD
  • Census Tract: 170601

Zoning

  • Zoning: RB

Geography

  • Account Number: 17/268/26
  • Parcel: REVE M:17 B:268 L:26
  • Block: 268
  • Lot: 26
  • Municipality: REVERE
  • Latitude: 42.4142
  • Longitude: -71.0068

    Address

  • Full Address: 55 Eastern Ave
  • Address - House Number: 55
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Revere
  • Carrier Code: C015
  • 4-Digit Zip Code: 2700
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $624,000

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 807,058
  • High Value: 938,954
  • Low Value: 675,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,100
  • Assessed Land Value: $233,500
  • Assessed Improvements Value: $422,600

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88695
  • Previous Sale Recording Date: May 19, 2020
  • Previous Sale Contract Date: May 11, 2020
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: O
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 Downtown Revere

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2167 ft²

Average Home Age

69.9 years

Currently For Sale

8 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72565067

Frequently Asked Questions

When was property at 55 Eastern Avenue built and last sold?
The property at 55 Eastern Avenue was built in 1967 and last sold on Oct 13, 2020 for $730,000.
How much is this home worth?
The estimated value of the home located at 55 Eastern Avenue is $713,423.
What are some comparable homes to 55 Eastern Avenue?
There are currently no comparable homes to 55 Eastern Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Revere Homes for Sale
Revere Houses for Sale
Revere Condos for Sale
Revere Co-Ops for Sale
Revere Multifamily for Sale
Revere Land for Sale
Revere Commercial for Sale
Revere Homes with Basements
Nearby Cities
Boston Homes for Sale
Lynn Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Malden Homes for Sale
Melrose Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Nearby Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Essex County, MA Property Records
Plymouth County, MA Property Records
Rockingham County, NH Property Records
Bristol County, MA Property Records
Worcester County, MA Property Records
Neighborhoods
South End Real Estate
Back Bay Real Estate
Maplewood Real Estate
D Street - West Broadway Real Estate
West Revere Real Estate
Thompson Square - Bunker Hill Real Estate
Glendale Real Estate
North End Real Estate
Nearby Counties
Boston Homes for Sale
Lynn Homes for Sale
Somerville Homes for Sale
Medford Homes for Sale
Malden Homes for Sale
Melrose Homes for Sale
Wakefield Homes for Sale
Saugus Homes for Sale
Top Real Estate Agents
Top Agents in Downtown Revere
Top Agents in Revere
Top Agents in Boston
Top Agents in Boston
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Somerville
Top Agents in Somerville