Investment Analysis — 78 Elmwood St

Revere, MA 02151

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02151 carries an estimated $2,570/mo in gross rent — about a 3.49% cap rate and $19,173/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

962

Style

Single Family

Built

1900

Welcome to 78 Elmwood Street, a well-maintained single-family home nestled in a quiet Revere neighborhood. This charming 2-bedroom, 1-bath home offers numerous updates, including a roof, solar panels, rear deck, and patio that are just 3 years old. Enjoy outdoor living with a spacious deck and patio, perfect for relaxing or entertaining. The property also features 3 off-street parking spaces for added convenience. Ideally located at 6 min to Revere Beach and Wonderland Station, with easy access to Boston, Logan Airport, shopping, dining, and major commuter routes. A fantastic opportunity for first-time buyers, downsizers, or anyone seeking a move-in-ready home in a convenient coastal location.

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: 481 sq ft (the lesser of 900 sq ft or half the 962 sq ft principal dwelling). Lot size: 2,701 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 MLS and other third-party data may be inaccurate or out of date.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.