37 Freeman Ave Everett — Photo 1 of 1
$699,000
Investment Analysis — 37 Freeman Ave
Everett, MA 02149
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02149 carries an estimated $3,650/mo in gross rent — about a 3.38% cap rate and $23,606/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,600
Style
Single Family
Built
1925
This spacious single-family home at 37 Freeman Ave offers a flexible floor plan, three full bathrooms, hardwood floors, and an updated kitchen featuring granite countertops, abundant cabinetry, stainless-steel appliances, recessed lighting, and a center island. Additional highlights include generously sized living and dining areas, a full basement, off-street parking, and a fenced yard. A solid opportunity for an owner-occupant, investor, or buyer looking to add value through cosmetic improvements. Tons of opportunities to add additional finished spaces and increase living area significantly. Convenient Everett location with easy access to schools, shopping, public transportation, and major commuting routes. Property is being sold in its current condition. Sale is subject to U.S. Bankruptcy Court approval. OPEN HOUSES this weekend, 9/5 and 9/6 from 10 AM - 12 PM.
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: 800 sq ft (the lesser of 900 sq ft or half the 1,600 sq ft principal dwelling). Lot size: 3,598 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$699,000
Sep 3, 2026
MLS® 73571614
$239,900
May 9, 2011
MLS® 71162054
$239,900
Nov 8, 2010
MLS® 71162054
Listing Agent: Jonathan Evans
Listing Office: LAER Realty Partners
MLS® Number: 73571614