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Revere 02151 Downtown Revere
69 Eastern Avenue
$440,000
● House - Off Market

69 Eastern Avenue

Revere, MA 02151
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,367 Ft²
$605,324
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

ONE OF REVERES FINEST GEMS  WITH AN AMAZING  LOCATION.. 1ST FLR OPEN FLR PLAN & 3 BEDS UP, 2 FULL BATHS AWAITS YOUR UPDATING. NICE FRONT ENTRANCE TILED MUD,BACK HEATED SITTING RM, ROOM,NEWER SIDING,WINDOWS AND ROOF,LARGE BASEMENT.. THE HOME COMES WITH A  BEAUTIFUL BARN/GARAGE WITH  2 LEVELS AND AN AMAZING OPEN 2ND FLOOR THAT HAS HEAT ,ELECTRIC & TONS OF STORAGE. PERFECT FOR TRADESMAN, OR THE BUYER THAT WANTS THAT EXTRA SPACE. HOME  SITS  ON NICE QUIET DEAD END ST .THE REVERE HIGH SCHOOL FIELD IS AT END OF STREET.  A MUST SEE!!!!!
Unit Size
1,367 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$314
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1900

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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 #72606758)

Price History

Date / Event Date Event Price
Feb 18, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by Key Real Estate $429,900
Listed by Key Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 716
  • 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: 1,367
  • Gross Building Area: 2,186
  • Building Area: 1,367
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,367
  • 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: 170601

Zoning

  • Zoning: RB

Geography

  • Parcel: REVE M:17 B:268 L:28A
  • Block: 268
  • Lot: 28A
  • Municipality: REVERE
  • Latitude: 42.4141
  • Longitude: -71.0064

    Address

  • Full Address: 69 Eastern Ave
  • Address - House Number: 69
  • 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: $491,300

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 630,271
  • High Value: 733,855
  • Low Value: 526,686

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,600
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $291,600

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13464
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Feb 03, 2020
  • Previous Sale Amount: $250,000
  • 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:

$739,967

Sale Price/ft²

$381

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2427 ft²

Average Home Age

80.5 years

Currently For Sale

6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72606758

Frequently Asked Questions

When was property at 69 Eastern Avenue built and last sold?
The property at 69 Eastern Avenue was built in 1900 and last sold on Feb 18, 2020 for $440,000.
How much is this home worth?
The estimated value of the home located at 69 Eastern Avenue is $425,211.
What are some comparable homes to 69 Eastern Avenue?
There are currently no comparable homes to 69 Eastern Avenue.
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