42 Freeman Ave Everett — Photo 1 of 38
Recent Drop: $30,000
$769,000
Investment Analysis — 42 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 3.37% cap rate and $25,897/yr in estimated NOI at the $769,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,524
Style
Single Family
Built
1925
Back on market due to financing. This beautifully maintained single-family home in a sought-after Everett neighborhood is perfectly situated near schools, shopping, public transportation, major highways, and Boston. The fenced backyard offers a private patio ideal for relaxing or entertaining, along with a storage shed and a driveway that fits up to three cars. Inside, the first floor boasts an open-concept layout with a spacious family room featuring a fireplace, cathedral ceiling, and skylights, plus a formal dining room, updated kitchen, extra bedroom or home office, and a half bath. Upstairs, you’ll find a generous primary bedroom, two additional bedrooms, and a full bath. The finished lower level includes a laundry area and extra living space. Full of charm and move-in ready, this home even comes with a brand-new roof.
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: 762 sq ft (the lesser of 900 sq ft or half the 1,524 sq ft principal dwelling). Lot size: 3,803 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
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation
Geography
Property History
$769,000
Was $789,000
Jun 1, 2026
MLS® 73519793
$789,000
Was $799,000
May 19, 2026
MLS® 73519793
$799,000
May 15, 2026
MLS® 73519793
Listing Agent: Hector Chajon
Listing Office: EWK Realty
MLS® Number: 73519793