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Revere 02151 Crescent Beach
7 Clark Rd
$245,000
● House - Off Market

7 Clark Rd

Revere, MA 02151
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,196 Ft²
$457,731
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Nice single family house within walking distance to Gardfield school and Revere Beach train station. Many updates including newer heating system and updated electrical service, one car garage. House has a lot of potential. Attic could be finished. This house has been priced for a quick sale!
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$205
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1947

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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 #70494210)

Price History

Date / Event Date Event Price
May 30, 2007 Sold
Premium
Sold
Nov 28, 2006 Listed by Perez Realty $244,900
Listed by Perez Realty
Nov 27, 2006 Sold
Premium
Sold
Aug 9, 2006 Listed by Perez Realty $179,900
Listed by Perez Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,013
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,520
  • Total Building Area: 1,211
  • Gross Building Area: 3,013
  • Building Area: 1,211
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,211
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELIOT TERRACE REVERE BEACH
  • Land Acres: 0000000081
  • 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: 170701

Zoning

  • Zoning: RB

Geography

  • Account Number: 4/104/3
  • Parcel: REVE M:4 B:104 L:3
  • Block: 104
  • Lot: 3
  • Municipality: REVERE
  • Latitude: 42.4027
  • Longitude: -70.9946

    Address

  • Full Address: 7 Clark Rd
  • Address - House Number: 7
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Revere
  • Carrier Code: C037
  • 4-Digit Zip Code: 3609
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,700

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 544,903
  • High Value: 636,884
  • Low Value: 452,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $437,100
  • Assessed Land Value: $224,000
  • Assessed Improvements Value: $213,100

    Sales

  • Current Sale Recording Date: May 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00060631
  • Previous Sale Recording Date: Nov 27, 2006
  • Previous Sale Amount: $165,000
  • 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 Crescent Beach

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$468

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2911 ft²

Average Home Age

66.9 years

Currently For Sale

12 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: 5 months ago
Data Source: MLS PIN, MLS# 70494210

Frequently Asked Questions

When was property at 7 Clark Road built and last sold?
The property at 7 Clark Road was built in 1947 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 7 Clark Road is $262,514.
What are some comparable homes to 7 Clark Road?
There are currently no comparable homes to 7 Clark Road.
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