$349,900
●
Condo -
Off Market
557-559 Broadway #2C
Everett, MA 02149
Studio
1 Bath,
1
Half Bath
570 Ft²
$2,383
Est. Monthly
$500
HOA / Fees
5.53%
Cap Rate
About This Property
Are you tired of leasing space for your business? This is your
chance to own a commercial property in a prime Everett location!
Perfect for any retail or office venture, this property currently
operates as a well-equipped beauty salon/barber shop. With
excellent visibility and high foot traffic, it's conveniently
located on a bus route and near major highways. The well-maintained
property is ready for a new owner, offering endless opportunities
to grow your business. Don't miss out on this fantastic investment!
Unit Size
570 Ft²
Days on Market
-
Land Size
-
Price per sqft
$614
Property Type
Condo
Property Taxes
$164
HOA Dues
$500
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 #73313376)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 14, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Listed by LAER Realty Partners | $349,900 | |
| Listed by LAER Realty Partners | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Half Bathrooms: 1
Rooms: 1
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Comercial
Water Source: Public
Financial Details
Tax Assessed Value: $82,000
Tax Annual Amount: $1,968
Utilities Details
Cooling Type: Central Air, Other
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $500
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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