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175 Rumney Rd Revere — Photo 1 of 35

175 Rumney Rd Revere — Photo 1 of 35

$899,000

Investment Analysis — 175 Rumney Rd

Revere, MA 02151

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02151 carries an estimated $3,400/mo in gross rent — about a 2.75% cap rate and $24,712/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,327

Style

Single Family

Built

1958

West Revere, corner lot with great curb appeal. Welcome to 175 Rumney, sitting between Malden St and Squire Road this beautiful single family home has great adu/two family potential. Main home consists of 2 levels, 3 bedrooms, beautifully refinished hardwood floors, eat in kitchen and spacious formal diningroom & 1 1/2 baths. The basement is beautifully finished with an additional unpermitted kitchen, full bath and spacious bedroom. Your backyard oasis boasts an inground pool, pool house and large patio great for summer entertaining. Minutes to schools, highway, shopping, restaurants, route one and airport. Buyer to assume responsibility for Order for Corrections under City of Revere's covenant. Sunrun solar panel lease to transfer to new owner. Roof apx 6 years old, heating/cooling apx 3 years. Off street pkg spaces were enclosed within fence area to enlarge patio, fence can be moved to accommodate off street parking.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,327 sq ft principal dwelling). Lot size: 4,700 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

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Property Details

Financials

Original Price$899,000
Annual Taxes$6,296

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Tile, Carpet
BasementFinished

Climate & Utilities

HeatingElectric, Active Solar
CoolingHeat Pump, Active Solar
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.11
SqFt Lot4,700
Lot FeaturesCorner Lot

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Lisa Licataschepici

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73572019