324 Revere BchChelsea, MA 02150

  • Retail space
  • 1,511 SF
Off market
$1,410,360 Estimated

Property Details for 324 Revere Bch

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.14 AC
Property size (Sq ft)
1,511 SF
Zone code
R1
Property type
Retail space
APN
CHEL M:080 P:082
APU
CHELM080P082

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $367,226
    6.5%
    $338,978
    7%
    $314,765
  • Comparable approach

    Method
    Valuation
    Relative Method
    $497,517
    Geo Method
    $497,517
  • Alternative Use

    Use
    Valuation
    Residential
    $285,940
    Hospitality
    $261,920
    Educational
    $217,914
    Medical
    $225,409
    Retail
    $338,978

Location Insight

City
Chelsea
County
Suffolk
State
Massachusetts
Latitude
42.4051
Longitude
-71.0289
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,899
$246,100
$254,900
$501,000
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-
-
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