$205,000
●
Commercial -
Off Market
557-559 Broadway #1C
Everett, MA 02149
Studio
0 Bath
470 Ft²
$340,233
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model
About This Property
Great opportunity!!! Incredible commercial space. Zoned for almost
any type of business (retail, professional offices). Perfect for
massage therapists, yoga studio, beauty salon, or space for
plumber, electrician, contractor, karate studio. Great visibility,
on bus route and minutes from highway. Features include:
Office, Supply closet, and bathroom. Well maintained
property. Currently rented for $1600. Property to be vacant
December 31 2017 Call today for more details.
Unit Size
470 Ft²
Days on Market
-
Land Size
-
Price per sqft
$468
Property Type
Commercial
Property Taxes
$122
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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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 years ago (MLSPIN #72242777)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2018 | Sold | ||
| Sold | |||
| Oct 13, 2017 | Listed by RE/MAX Andrew Realty Services | $219,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
| Jul 18, 2008 | Sold | ||
| Sold | |||
| Mar 15, 2008 | Listed by RE/MAX Results | $81,000 | |
| Listed by RE/MAX Results | |||
| | |||
|
EXPOSURE, MAIN DRAG & LOTS OF FOOT TRAFFIC. WHY RENT? WHEN YOU CAN OWN A TOTALY RENOVATED WITH TILED ½ BATH.NEW RUBBER ROOF ON BOTH SIDES, DONE AT THE SAME TIME. RIGHT ON THE BUS LINE. CLOSE TO EVERYTHING, TRAIN STATION, BOSTON, AIRPORT,RT. 16 & RT. 1.ON BROADWAY,CONDO FEE $200
| |||
Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Size Units: Acres
Zoning: commercial
Financial Details
Tax Annual Amount: $1,460
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 |
|---|---|---|---|---|---|---|---|
|
11/16/2024
|
Studio
|
1 Bath
|
570 ft²
|
$349,900
Studio
1 Bath
570 ft²
|
-
-
|
Manoel Neto
LAER Realty Partners / Neto Realty
| |
|
06/20/2018
|
1 Bed
|
1 Bath
|
655 ft²
|
$229,900
1 Bed
1 Bath
655 ft²
|
$250,000
+8.74%
09/26/2018
|
Ines Simioni Domingos
Nixon Homes LTD
| |
|
10/13/2017
|
Loft
|
-
|
470 ft²
|
$219,900
Loft
-
470 ft²
|
$205,000
-6.78%
01/03/2018
|
Tatiana Afonso
REMAX Andrew Realty Services
| |
|
03/30/2017
|
1 Bed
|
1 Bath
|
700 ft²
|
$189,900
1 Bed
1 Bath
700 ft²
|
$189,900
07/05/2017
|
Betty Levin
Century 21 Advance Realty
| |
|
11/18/2014
|
1 Bed
|
1 Bath
|
655 ft²
|
$85,000
1 Bed
1 Bath
655 ft²
|
$95,000
+11.76%
02/12/2015
|
Adina King
Boston Metropolitan Realty
| |
|
04/29/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$57,000
1 Bed
1 Bath
700 ft²
|
$58,000
+1.75%
07/26/2013
|
Adina King
Boston Metropolitan Realty
| |
|
03/15/2008
|
Loft
|
1 Bath
|
470 ft²
|
$81,000
Loft
1 Bath
470 ft²
|
$52,500
-35.19%
07/18/2008
|
Phil Consolo
Century 21 North East
| |
|
06/02/2006
|
1 Bed
|
1 Bath
|
655 ft²
|
$140,000
1 Bed
1 Bath
655 ft²
|
$137,500
-1.79%
11/09/2006
|
Phil Consolo
Century 21 North East
| |
|
05/31/2006
|
1 Bed
|
1 Bath
|
700 ft²
|
$159,900
1 Bed
1 Bath
700 ft²
|
$159,900
08/18/2006
|
Phil Consolo
Century 21 North East
|
Building Info
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