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Revere 02151 West Revere
654 Broadway
$360,000
● House - Off Market

654 Broadway

Revere, MA 02151
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,488 Ft²
$471,844
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

So much potential in this one! Sitting up top with views of the city, you can enjoy the cool breeze on the porch or amidst the beautiful patio- garden area in the backyard. This eclectic home features many details and has a very large formal dining area. eat in kitchen and living room with half bath. Second level features 3 good sized bedrooms, full bath and expansion possibilities in the walk up attic. There is also a full basement for plenty of storage space. This GREAT LOCATION is not only close to everything, but priced right and your chance to buy an affordable piece of REVERE,  a city on the RISE!
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$235
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1895

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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 #72669677)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jun 8, 2020 Listed by Century 21 North East $349,900
Listed by Century 21 North East
Aug 15, 2002 Sold
Premium
Sold
Jun 27, 2002 Listed by Century 21 North East $239,900
Listed by Century 21 North East

Property Highlights

Parking Available
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,131
  • Total Building Area: 1,488
  • Gross Building Area: 3,138
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • 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: 170200

Zoning

  • Zoning: GB

Geography

  • Account Number: 24/410/22
  • Parcel: REVE M:24 B:410 L:22
  • Block: 410
  • Lot: 22
  • Municipality: REVERE
  • Latitude: 42.4151
  • Longitude: -71.0094

    Address

  • Full Address: 654 Broadway
  • Address - House Number: 654
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Revere
  • Carrier Code: C034
  • 4-Digit Zip Code: 2301
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,200

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 50
  • Final Value: 549,838
  • High Value: 685,990
  • Low Value: 413,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,600
  • Assessed Land Value: $227,400
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61972
  • Previous Sale Recording Date: Aug 15, 2002
  • Previous Sale Amount: $241,900
  • Previous Sale Document Type: 27
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 West Revere

Stats & Trends

Median Asking:

$717,450

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1965 ft²

Average Home Age

65.3 years

Currently For Sale

43 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# 72669677

Frequently Asked Questions

When was property at 654 Broadway built and last sold?
The property at 654 Broadway was built in 1895 and last sold on Jul 14, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 654 Broadway is $357,418.
What are some comparable homes to 654 Broadway?
There are currently no comparable homes to 654 Broadway.
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