Two-Bedroom
15 Staples Ave, Everett, MA 02149
For Sale
$319,900
An open living and kitchen area is complemented by hardwood flooring and a deeded off-street parking space.
Property Size717 SF
Price / SF$446.16
Days on Market144
Property Features for 15 Staples Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
Wall Unit(s)
Baseboard, Natural Gas
1.0 Story
$3,574 Taxes
Public
Built in 1960
Building Details
Year Built
Listing Agency:
MP Signature Realty LLC
(781) 322-6928
Listed By:
Kevin Li
(617) 257-3595
Source:
Donahuere
Added: Jun 22
Changed: Nov 12
Last Checked: Nov 12 at 2:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MP Signature Realty LLC
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Investment Insights
Based on property information with market context.
This 717-square-foot condominium, built in 1960, has two bedrooms and an open living room and kitchen. Hardwood floors extend through the living area and both bedrooms. The kitchen is finished with cherry cabinetry, dark granite countertops, and stainless steel appliances. One deeded off-street parking space is included.
The home is in the Central Court Condominium community at 15 Staples Ave in Everett. Encore Boston Harbor, public transportation, shops, restaurants, and major commuter routes are described as minutes away.
The home is in the Central Court Condominium community at 15 Staples Ave in Everett. Encore Boston Harbor, public transportation, shops, restaurants, and major commuter routes are described as minutes away.
Key Highlights
- 717‑square‑foot, two‑bedroom condominium
- Open living room and kitchen layout
- Hardwood floors in living area and both bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,266
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,320
$285.3K
Cap Rate 7%
$203,800
$203.8K
Cap Rate 9%
$158,511
$158.5K
Market Conditions
NOI Build-Up for 717 SF
Gross rent
$27.4K $38.16/SF
− Vacancy
−$1.4K −$1.98/SF
EGI
$25.9K $36.18/SF
− OpEx
−$11.7K −$16.28/SF
NOI
$14.3K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,320
Cap Rate 7%
$203,800
Cap Rate 9%
$158,511
Alternative Uses
Best Use
Apartment 5plus
$203.8K
$178.3K – $237.8K
NOI $14,266 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$424.5K
$371.4K – $495.2K
NOI $29,712 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,862
Businesses Nearby
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Business Placement
Demographics for 02149, MA
49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,434
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Everett, MA
Properties on Market for Residential income properties in Everett
Frequently Asked Questions
What type of property is this?
Residential income property - An open living and kitchen area is complemented by hardwood flooring and a deeded off-street parking space.
Where is this residential income property located?
The property is located at 15 Staples Ave Everett, MA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 717‑square‑foot, two‑bedroom condominium; Open living room and kitchen layout; Hardwood floors in living area and both bedrooms
