
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 12
Flooring - Hardwood
Dining Room
Lvl First15 x 12
Flooring - Hardwood
Kitchen
Lvl First14 x 12
Family Room
Lvl Basement15 x 13
Master Bedroom
Lvl First13 x 12
Closet, Flooring - Hardwood
Bedroom 2
Lvl First12 x 9
Bedroom 3
Lvl First12 x 9
Flooring - Hardwood
Bedroom 4
Lvl Basement21 x 11
Bathroom 1
Lvl BasementBathroom 2
Lvl FirstProperty History
$699,900
Aug 31, 2026
MLS® 73570031
$699,900
Aug 31, 2026
MLS® 73569510
$699,900
Aug 28, 2026
MLS® 73569510
Listing Agent: Leeman & Gately
Listing Office: Compass
MLS® Number: 73570031