Active
5 Days on market
22 Lancaster Ave Revere — Photo 1 of 42

22 Lancaster Ave Revere — Photo 1 of 42

$709,900

Investment Analysis — 22 Lancaster Ave

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 3.59% cap rate and $25,474/yr in estimated NOI at the $709,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,326

Style

Single Family

Built

1944

First time on the market in over 30 years! This well-maintained 4-bedroom, 2 full bath Cape is located in the highly sought-after Point of Pines neighborhood in Revere. Conveniently located within walking distance to the beach with easy access to Boston, this home offers the perfect blend of comfort and location. The main level features an eat-in kitchen, formal dining room, bonus first-floor office, and access to a private back deck overlooking a spacious yard ideal for entertaining. Additional highlights include a finished basement, four generously sized bedrooms, two full baths, a one-car detached garage, and additional off-street parking.A rare opportunity to own a lovingly cared-for home in a desirable coastal neighborhood. Make this your home for the next 30 years!

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 2,326 sq ft principal dwelling). Lot size: 3,180 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.

Open Houses

Property Details

Financials

Original Price$709,900
Annual Taxes$5,534

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingSteam, Oil, Pellet Stove
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres0.07
SqFt Lot3,180
Lot FeaturesFlood Plain

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Other

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Nicholas Silvestri

Listing Office: Coldwell Banker Realty - Beverly

MLS® Number: 73572542