
72 True St Revere — Photo 1 of 42
$949,000
Investment Analysis — 72 True 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 2.16% cap rate and $20,482/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,398
Style
Single Family
Built
1964
Beautifully maintained and thoughtfully updated, this Revere home offers a perfect blend of style, space, and everyday comfort. The main level features 3 bedrooms, 1 full bath, hardwood floors, high ceilings, and an inviting open-concept layout connecting the updated kitchen, living, and dining areas. The kitchen features granite countertops, tile flooring, and a breakfast bar.Just off the kitchen and dining area, the bright sunroom with an electric fireplace adds a warm and comfortable extension of the main living space and opens to a spacious renovated deck with a remote-controlled motorized retractable awning. From the deck, enjoy views of the landscaped backyard and garden below—an ideal setting for relaxing or entertaining. The finished lower level provides valuable additional living space, a second full bath, and a convenient laundry area. Additional highlights include a one-car garage, ample off-street parking on both sides of the home, an updated heating system, roof, and siding.Move-in ready and filled with thoughtful updates, this home offers exceptional indoor and outdoor living in Revere.
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 2,398 sq ft principal dwelling). Lot size: 6,983 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, French Doors, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Pendant
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Upgraded, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Open Floorplan, Gas Stove
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Gloria Royal
Listing Office: StartPoint Realty
MLS® Number: 73570303