New Opportunity is knocking - 10,700 sf Church on 20,325 corner lot on road to Revere Beach and near MBTA Wonderland T Station- blue line. Great reuse for Church, Community Center and an advantageous opportunity for re-development to housing. Potential nice development housing GB Zoning allows for various uses - all questions to the building dept. It is ideal for investors looking to add income property (units) to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert to multi-level mid-rise housing. Buyers to do due diligence.
Property Details
Property Features
Listing Office:
Office Name: Realty ONE Group Cosmopolitan
Office Phone: (781) 219-3200
Listing Agent: Aydin Kayabay
Exterior Features
Exterior Information:
Waterfront: Beach
Lot Features
Lot Information:
Lot: Easement, Flood Plain
Lot Size: 0.47 Acres
Other
Directions Information:
Directions: Revere St is the road to the beach.
Price Information
Listing Price Info
Price Summary:
List Price: $3,999,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Revere, MA.
This property is $3.3M more than the Median Sold Price in Revere, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73289323
Listing Office:
Office Name: Realty ONE Group Cosmopolitan
Office Phone: (781) 219-3200
Listing Agent: Aydin Kayabay
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$1,833,100
2020
-
$1,833,100
2019
-
$1,761,400
2018
-
$1,693,100
2017
-
$1,693,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Paul Revere Innovation School
395 Revere St
Distance between this listing and this school0.18 miles
Public District Grades KG-5
4
/10
Abraham Lincoln Elementary School
68 Tuckerman St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
6
/10
Garfield Elementary School
176 Garfield Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-5
Nearby Schools
3
/10
Rumney Marsh Academy
140 American Legion Hwy
Distance between this listing and this school0.73 miles
Public District Grades 6-8
4
/10
Garfield Middle School
176 Garfield Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
3
/10
Susan B. Anthony Middle School
107 Newhall St
Distance between this listing and this school1.46 miles
Public District Grades 6-8
Nearby Schools
3
/10
Revere High School
101 School St
Distance between this listing and this school0.99 miles
Public District Grades 9-12
2
/10
Seacoast School
15 Everard Ave
Distance between this listing and this school1.66 miles
Public District Grades 9-12
3
/10
Everett High School
100 Elm St
Distance between this listing and this school2.68 miles
The neighbors living near this home have an average income of $50,990. The majority of Revere, MA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 500 Revere St
What is the listing price of this property?
The listing price of 500 Revere St property is $3,999,000.
What type of property is this?
The property 500 Revere St is land located in Revere, Massachusetts, 02151.
Is this property for sale now?
Active Listing: 500 Revere St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 500 Revere St in Revere, MA and zip code 02151. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $3,999,000.
In November 2024, from all listings sold in Revere, MA there were more than 11 sold above asking price, over 10 sold below and more than 2 were sold right at the asked price. Between October 2024 and November 2024, Revere, MA real estate market has seen decrease in the number of listings by 4.6%. In November 2024 median list price was $650,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.