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16 Thorndike St, Revere MA 02151

$949,000

Estimated $2,066.63/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $474,500

Total Rent: 86520/year

Estimated CAP Rate: 8.45%

6 Bedrooms

3 Full Baths

2,769 SqFt

Total Parking: 7 (2 Garage)

6,752 SqFt

Nice 2 family with huge lot. Total rent is $ 7,210/month. 1st floor has 3 bedrooms with in-law apartment and 2nd unit has 3 bedrooms with great floor plan. Well desired 2 family with plenty of off street parking and 2 car garage. Newly converted to gas as well.

This home has been viewed 24 times

Last Checked: June 28th, 2025 at 4:29am (Source: MLS PIN #73377255)

Gross Income: $86,520

Gross Expenses: $6,334

Net Income Calc: $80,186

CAP Rate: 8.45%

Annual Expenses for 16 Thorndike St, Revere MA 02151

Total Gross Expenses (Calculated)$6,334/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,334

Annual Income & Unit Breakdown for 16 Thorndike St, Revere MA 02151

Total Gross Income (Calculated)$86,520

Unit 1

Rental Income$4,210

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$3,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 16 Thorndike St, Revere MA 02151

Listing ID73377255

Property TypeMulti Family

Price$949,000 ($342.72/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,769 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking7 (2 Garage)

Garage Parking2 / Detached

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 16 Thorndike St, Revere MA 02151

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$86,520

Total Net Income By Broker$86,520

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 16 Thorndike St, Revere MA 02151

Real Estate Taxes$6,334

Tax Year2025

Assessed Value$698,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$86,520

BostonRealEstate.com Gross Income

Total Net Income By Broker$86,520

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.45%

Location Information for 16 Thorndike St, Revere MA 02151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 16 Thorndike St, Revere MA 02151

Agent

Name: Francis Santaniello

Office

Name: Weichert REALTORS® Blueprint Brokers

Phone: 857-204-7179

Team Members

Name: Robert Anderson

Phone: 781-308-5391

Payment Calculator

, Interest

Property Taxes 527.83

Principal & Interest 5847.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Weichert REALTORS® Blueprint Brokers

Francis Santaniello

Agent Phone

Office Phone

(857) 204-7179

Text Agent Call Agent Call Office

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EXIT