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Revere 02151 Downtown Revere
63 Vane St
$510,000
● House - Off Market

63 Vane St

Revere, MA 02151
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$551,452
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Single Family Home in a location that can't be beat with gorgeous city views in the heart of Revere. This home has been loved by the same family since it was built. Basement and backyard boasts room to grow. Price reflects work needed to be done. Just moments from Revere Beach, restaurants, hotels, public transportation, and highways. Easy access to Public Transportation, the Blue Line and 1A makes commuting just minutes to Boston, Logan Airport and all major routes.  Stop your search, get moving and make it your own home, sweet home!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$356
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #73028799)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by Keller Williams Realty Evolution $519,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 1,456
  • Gross Building Area: 2,562
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Revere School District
  • School Tax School District: REVERE SD
  • Census Tract: 170102

Zoning

  • Zoning: RB

Geography

  • Account Number: 21/359/11
  • Parcel: REVE M:21 B:359 L:11
  • Block: 359
  • Lot: 11
  • Municipality: REVERE
  • Latitude: 42.4099
  • Longitude: -71.0168

    Address

  • Full Address: 63 Vane St
  • Address - House Number: 63
  • Address - Street Name: Vane
  • Address - Suffix Type: St
  • State: MA
  • City Name: Revere
  • Carrier Code: C034
  • 4-Digit Zip Code: 3458
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,100

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 570,610
  • High Value: 675,600
  • Low Value: 465,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,400
  • Assessed Land Value: $197,200
  • Assessed Improvements Value: $278,200

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87546
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

$380

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1552 ft²

Average Home Age

73.9 years

Currently For Sale

7 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73028799

Frequently Asked Questions

When was property at 63 Vane Street built and last sold?
The property at 63 Vane Street was built in 1951 and last sold on Oct 21, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 63 Vane Street is $528,789.
What are some comparable homes to 63 Vane Street?
There are currently no comparable homes to 63 Vane Street.
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