What is the estimated cap rate for 149 Winthrop Avenue, Revere, MA 02151?

Based on rent reported on the MLS listing, 149 Winthrop Avenue, Revere, MA 02151 (2 units) has an estimated 5.09% cap rate at its $950,000 list price, assuming $6,100/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 149 Winthrop Avenue, Revere, MA 02151?

The MLS listing reports about $6,100/month in total rent for a 2-unit multi-family in 02151. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

149 Winthrop Avenue Revere — Photo 1 of 25

$950,000

Investment Analysis — 149 Winthrop Avenue

Revere, MA 02151

Based on rent reported on the MLS listing, a 2-unit multi-family in 02151 carries $6,100/mo in gross rent — about a 5.09% cap rate and $48,352/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,658

Style

2 Family - 2 Units Up/Down

Built

1925

Detached two-family house with driveway and small patio. The property was updated in 2024 with new bathrooms, new kitchens, central AC, hardwood floors, windows, a single roof, two on-demand combi boilers, updated electrical, newer plumbing, and a camera system. The first-floor unit features 2 bedrooms, an updated kitchen with sleek stainless steel appliances, and one bathroom; the second-floor unit is a 4-bedroom duplex with a living room, an updated eat-in kitchen, a front deck, and two bathrooms.

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 MLS and other third-party data may be inaccurate or out of date.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.

Financials

Original Price$950,000

Annual Taxes$7,280

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms10

FireplacesNone

FlooringTile, Hardwood, Wood

BasementWalk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Natural Gas, Baseboard, Individual, Unit Control

Cooling--

WaterPublic, Individual Meter

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningRes

Property & Lot

Acres0.09

SqFt Lot3,859

Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: Susana Martinez

Listing Office: Perlera Real Estate

MLS® Number: 73582727