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24 Days on market
71 Hichborn St Revere — Photo 1 of 35

71 Hichborn St Revere — Photo 1 of 35

$729,900

Investment Analysis — 71 Hichborn St

Revere, MA 02151

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02151 carries an estimated $3,080/mo in gross rent — about a 3.05% cap rate and $22,286/yr in estimated NOI at the $729,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,456

Style

Single Family

Built

1999

Welcome to 71 Hichborn St, also known as 5 Summit Ave! Lovingly maintained by the same family since the early 2000s, this inviting home is ready for its next chapter. The main level feature a comfortable living room with a wood-burning stove, a dining room, a functional kitchen, and a full bath. Upstairs you will find three bedrooms and a full bath. The finished basement offers valuable additional space for recreation, extra bedroom, along with a convenient laundry area. Outside, enjoy a private backyard with a dedicated barbecue area and outdoor wood stove, perfect for relaxing or gathering with family and friends. Parking for up to four cars adds incredible convenience. Ideally situated near Routes 1, 1A, and 16, with easy access to shopping, dining, public transportation, and Revere Beach. This is a wonderful opportunity to own a well-cared-for home in a desirable location!

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: 728 sq ft (the lesser of 900 sq ft or half the 1,456 sq ft principal dwelling). Lot size: 3,868 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$729,900
Annual Taxes$5,804

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.09
SqFt Lot3,868
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
Bedroom 4
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Basement
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Santana Team

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73565854