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Revere 02151 Downtown Revere
75 Proctor Ave
$260,000
● House - Off Market

75 Proctor Ave

Revere, MA 02151
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,534 Ft²
$479,132
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

West Revere off broadway.8 rooms,5 bedrooms,1 full bath,1 half bath, sun porch off living room, mud room plus a foyer. lots of Hardwood floors. Newer windows put in about 5 years ago, 4 year old heating & hot water tank. Electric is C.B. of street parking. 14 year old roof. master bedroom has 2 huge double closet plus a large walk in closet on the 2nd floor hall way. 3 rd floor 2 beds has electric fha heatClose to schools, bus line, grocery stores and restaurants. Needs TLC. Not a short sale nor bank owned. Price to sell. Please E MAIL ME to make appointment for the first showings starting at 5:30 Wednesday 11/13 TAKE FLASH LIGHT or e mail through mls next to my name there's envelope click on that. with all your info time and day
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$163
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1920

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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 #71606873)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jan 16, 2014 Sold
Premium
Sold
Nov 11, 2013 Listed by Century 21 North Shore $249,900
Listed by Century 21 North Shore
Aug 16, 2000 Sold
Premium
Sold
May 26, 2000 Listed by Century 21 North Shore $210,000
Listed by Century 21 North Shore

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • 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: 767
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,534
  • Gross Building Area: 3,293
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000103
  • 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: RB

Geography

  • Account Number: 24/405/14
  • Parcel: REVE M:24 B:405 L:14
  • Block: 405
  • Lot: 14
  • Municipality: REVERE
  • Latitude: 42.4135
  • Longitude: -71.0135

    Address

  • Full Address: 75 Proctor Ave
  • Address - House Number: 75
  • Address - Street Name: Proctor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Revere
  • Carrier Code: C019
  • 4-Digit Zip Code: 2912
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,900

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 629,510
  • High Value: 735,773
  • Low Value: 523,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,000
  • Assessed Land Value: $226,100
  • Assessed Improvements Value: $305,900

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79731
  • Previous Sale Recording Date: Jan 16, 2014
  • Previous Sale Amount: $260,000
  • 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:

$719,983

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71606873

Frequently Asked Questions

When was property at 75 Proctor Avenue built and last sold?
The property at 75 Proctor Avenue was built in 1920 and last sold on Sep 6, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 75 Proctor Avenue is $253,693.
What are some comparable homes to 75 Proctor Avenue?
There are currently no comparable homes to 75 Proctor Avenue.
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