Active Under Contract
12 Days on market
38 North Ave Revere — Photo 1 of 13

38 North Ave Revere — Photo 1 of 13

$699,900

Investment Analysis — 38 North 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 3.61% cap rate and $25,280/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,839

Style

Single Family

Built

1960

This charming, well-maintained home checks all the boxes! This versatile single-family home while offering plenty of space and flexibility for extended family, guests, or additional living arrangements. The main level features an open-concept layout with a beautifully updated kitchen, complete with granite countertops, stainless-steel appliances, and a center island. Overlooking the spacious living room, the kitchen creates the perfect setting for entertaining. Three bedrooms and an updated full bathroom complete the main level. The lower level offers even more living space, including a living room, kitchen, laundry room, and a generously sized bedroom. With its own private entrance, this level provides excellent flexibility for extended family or guests. Step outside and enjoy the fantastic backyard, featuring a well-maintained pool and patio area that truly screams entertainment! There’s also plenty of off-street parking for family and guests. All of this is situated on a great street, making this a wonderful opportunity to own a home that offers both comfort and versatility.

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 1,839 sq ft principal dwelling). Lot size: 5,702 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

Original Price$699,900
Annual Taxes$5,728

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
Flooring--
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRB

Property & Lot

Acres0.13
SqFt Lot5,702
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 2
Basement
Family RoomBedroom 4Bathroom 1
Living Room
Lvl First

17 x 12

Flooring - Hardwood

Dining Room
Lvl First

15 x 12

Flooring - Hardwood

Kitchen
Lvl First

14 x 12

Family Room
Lvl Basement

15 x 13

Master Bedroom
Lvl First

13 x 12

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

12 x 9

Bedroom 3
Lvl First

12 x 9

Flooring - Hardwood

Bedroom 4
Lvl Basement

21 x 11

Bathroom 1
Lvl Basement
Bathroom 2
Lvl First

Property History

Listed
$699,900

Aug 31, 2026

MLS® 73570031

Terminated
$699,900

Aug 31, 2026

MLS® 73569510

Listed
$699,900

Aug 28, 2026

MLS® 73569510

Listing Provided By

Listing Agent: Leeman & Gately

Listing Office: Compass

MLS® Number: 73570031