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14 Putnam Rd, Revere, MA, 02151

2beds
1baths
645sqft
$439,000
$681price/sqft
$3,069/moest. monthly cost
$122,760/yrincome needed

About This Home

Attention investors, builders, and developers! Rare opportunity to acquire a property in Revere's desirable Oak Island neighborhood. This unique property consists of 645 sqft living space and three separate lots of 0.034 acres each, ready for your investment, and is located outside of a flood zone. Buyers may explore the potential to apply for an Accessory Dwelling Unit (ADU), subject to local approvals and regulations. Situated just minutes from Revere Beach, Wonderland MBTA Station, Logan Airport, and Downtown Boston, this property offers exceptional potential for redevelopment, renovation, or investment. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitting, lot usage, and future development opportunities.

Getting Around

28
WalkingCar-Dependent
43
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

5/10
4/10
Rumney Marsh AcademyGrades 6-81.2 mi
2/10
Revere High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Refrigerator,Freezer
  • Laundry features: Gas Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Hardwood
  • Finished area above ground: 645

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 645
  • Total interior livable area: 645 sqft

Living Room

  • Level: First

Master Bathroom

  • Features: Yes

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: 11329G15,1370688
  • Zoning: Bldg Dpt
  • Foundation area: 629

Features

  • Patio & porch: Porch - Enclosed,Deck - Wood
  • Exterior features: Porch - Enclosed,Deck - Wood,Storage,Fenced Yard,Garden
  • Fencing: Fenced
  • Waterfront features: Beach Access,Harbor,Ocean,Walk to,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 4,443 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Paved Drive,Off Street,Tandem,Paved,Unpaved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,219$26,628
Home Insurance *$173$2,076
Property Taxes $323$3,876
Electricity $354$4,259
Total$3,069$36,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,222/yr
40% on housing$92,070/yr
45% on housing$81,840/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$681This listing

vs Other Active Listings

Avg $/sqft

ZIP 02151$329
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02151$412
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-15Price change$399,000
2026-07-28Price change$439,000
2026-07-01Listed for sale$459,000
2011-03-07Sold$53,000
2010-10-22Price change$69,900
2010-09-30Listed for sale$74,900
2010-04-27Sold$210,031

For Sale by Agent

AgentLou Markakis
BrokerageLynnway Associates

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