Investment Analysis — 286 Fenno St #1

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 3.87% cap rate and $19,165/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,238

Style

Condominium

Built

1981

Welcome to The Olde Mill II Condominiums. This spacious tri-level townhouse-style condo offers the feel of a single-family home with three levels of living, featuring 3 bedrooms, 2 full bathrooms, hardwood flooring throughout, central air, and an ideal layout for both everyday living and entertaining. The main living area opens to a private balcony, while the top floor provides access to a large rooftop terrace, offering two separate outdoor spaces to enjoy. Additional highlights include cathedral ceilings, abundant natural light, in-unit laundry hookups, and a deeded covered parking space. Conveniently located on the Revere/Chelsea line with quick access to Route 1, Route 16, Downtown Boston, and public transportation. The unit is currently leased; however, the tenant will be vacating on November 15, allowing the property to be delivered vacant and offering flexibility for either an owner-occupant or investor.

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 MLS and other third-party data may be inaccurate or out of date.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