89 Reed Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $624,900 | |
| Listed | |||
| |||
|
This charming, recently updated Colonial style home is located near the Glendale area of Everett. This lovely home has had many recent updates and is ready for a lucky buyer to call this property their new home. Conveniently located in the up and coming and vibrant community of Everett. Featuring all of the amenities that Greater Boston has to offer, including the Night Shift Brewery, Encore resort and is close to Assembly Row and the Orange line MBTA. The main level is great for entertaining, your main hallway leads you to your spacious eat-in kitchen. The kitchen lends to the living room, that showcases great natural light and hardwood flooring. Off of the living room is a bedroom with an ensuite half bath! Upstairs there are three well-sized bedrooms and a recently gut renovated full bathroom. Last, but not least, plenty of parking in your paved driveway. Do not miss your chance to own in one of the hottest markets in all of Boston!
| |||
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by RE/MAX Trinity | $449,900 | |
| Listed by RE/MAX Trinity | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017