Investment Analysis — 450 Ferry Street

Everett, MA 02149

Based on rent reported on the MLS listing, a 20-unit multi-family in 02149 carries $22,950/mo in gross rent — about a 9.66% cap rate and $192,688/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

5,558

Style

5+ Family - Rooming House

Built

1989

450 Ferry Street is a 1989 Built Twenty (20) room lodging house with fourteen (14) bathrooms. This property has had consistently high occupancy. All units are on a master gas heat and hot water paid for by owner but individually metered for electric. This commuter location provides easy access to Downtown Boston Financial District, Assembly Row, Encore Casino and Revere Beach. The 104 Bus Line stop is conveniently located in front of the building.

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 MLS and other third-party data may be inaccurate or out of date.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