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Everett 02149 West Everett
7 Elm Rd
$599,000
● House - Off Market

7 Elm Rd

Everett, MA 02149
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,085 Ft²
$888,276
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

OPEN HOUSE  Saturday (4/7/18) 12:30 to 2:30 PM & Sunday 12:15 to 1:45 PM; Offers due by Tuesday (4/10/18). Custom built split entry raised ranch this elegant home has all, new stainless Steel appliances with gleaming hardwood floors; expanded single home with in-law suite. Don't be fooled by outside appearances, this home is much larger than it looks! The main level has 6 rooms, three large bedrooms, master bedroom with full bath; Lower level has one bed room and large open space with a large kitchen; driveway with storage shed. Near Boston and walking distance to Wynn Casino. Asking price $599,000.
Unit Size
3,085 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$194
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1971

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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 #72301516)

Price History

Date / Event Date Event Price
Jun 1, 2018 Sold
Premium
Sold
Apr 2, 2018 Listed by MNG Realty $599,000
Listed by MNG Realty
Aug 8, 2017 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,482
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,014
  • Total Building Area: 1,603
  • Gross Building Area: 3,085
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Everett School District
  • Census Tract: 342401

Zoning

  • Zoning: DD

Geography

  • Account Number: E00005 00
  • Parcel: EVER M:E0 B:05 L:000045
  • Block: 5
  • Lot: 45
  • Municipality: EVERETT
  • Latitude: 42.4076
  • Longitude: -71.064

    Address

  • Full Address: 7 Elm Rd
  • Address - House Number: 7
  • Address - Street Name: Elm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Everett
  • Carrier Code: C007
  • 4-Digit Zip Code: 1915
  • Zip Code: 02149

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $801,600

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 791,090
  • High Value: 929,924
  • Low Value: 652,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $699,500
  • Assessed Land Value: $240,100
  • Assessed Improvements Value: $459,400

    Sales

  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78271
  • Previous Sale Recording Date: Aug 08, 2017
  • Previous Sale Amount: $359,419
  • Previous Sale Document Type: 34
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 Everett

Stats & Trends

Median Asking:

$771,950

Sale Price/ft²

$383

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2659 ft²

Average Home Age

89.2 years

Currently For Sale

11 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

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72301516

Frequently Asked Questions

When was property at 7 Elm Road built and last sold?
The property at 7 Elm Road was built in 1971 and last sold on Jan 1, 1970 for $599,000.
How much is this home worth?
The estimated value of the home located at 7 Elm Road is $636,240.
What are some comparable homes to 7 Elm Road?
There are currently no comparable homes to 7 Elm Road.
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