0 Revere Beach Pkwy Revere — Photo 1 of 5
$940,000
Investment Analysis — 0 Revere Beach Pkwy
Revere, MA 02151
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02151 carries an estimated $2,060/mo in gross rent — about a 0.93% cap rate and $8,788/yr in estimated NOI at the $940,000 list price. Adjust every assumption in the calculator below.
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A unique and rare offering of (3) lots forming a coordinated corner-lot assemblage with incredible access and development potential. Together, the parcels comprise approximately 37,592 square feet along Revere Beach Parkway, Hillside Footway, and Albert Place in an accessible and evolving Revere location. The RB-zoned properties offer potential for townhouse development through the special-permit process. Qualifying duplex units may provide a separate by-right pathway. Conveniently located near the MBTA Blue Line, Revere Beach, shopping, major transportation routes, and the transformative Suffolk Downs redevelopment.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
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Listing Agent: Daniele Parravano
Listing Office: RE/MAX Distinct Advantage
MLS® Number: 73567711