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262 Park Ave, Revere, MA, 02151

5beds
4baths
3,303sqft
$1,270,000
$384price/sqft
$8,492/moest. monthly cost
$339,680/yrincome needed

About This Home

Rare gut renovated 2 family in the heart of Revere, offering luxury & income potential. With over 600 sqft of patio and outdoor deck space & a large backyard. This property is ideal for both owner occupants & investors. Unit 1 features 2 bedrooms, modern kitchen w/ quartz countertops, stainless steel appliances, custom closets & a stylish bath w/ Italian terrazzo tile. Spanning 3 levels, Unit 2 offers 3 bedrooms & 3 full baths, highlighted by an open kitchen w/ a quartz waterfall peninsula, elegant wainscoting & a primary bedroom w/ en suite bath. All bedrooms feature custom closets. Spa like baths include heated LED mirrors, travertine & terrazzo finishes. Recessed lighting & premium finishes throughout, new systems & separate utilities ensure efficiency & low maintenance living. Outside enjoy multiple decks, a paver patio, fenced yard & a new driveway w/ 2 off street parking. Steps to MBTA Bus 110 w/ access to Blue & Orange Lines, Broadway & Revere Beach!

Getting Around

74
WalkingVery Walkable
54
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1880

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Disposal,Microwave,Freezer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range Hood,Range,Oven

Basement

  • Has basement: Yes
  • Basement: Concrete

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Walk-In Closet(s),Bathroom With Tub,Open Floorplan,Smart Thermostat,Bathroom with Shower Stall
  • Window features: Insulated Windows
  • Flooring: Hardwood
  • Finished area below ground: 799
  • Finished area above ground: 2,504

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,303
  • Total interior livable area: 3,303 sqft

Property

Details

  • Parcel number: M:22 B:361 L:26,1375285
  • Zoning: RB

Features

  • Patio & porch: Porch,Deck - Composite
  • Exterior features: Balcony/Deck,Balcony,Rain Gutters,Fruit Trees
  • Fencing: Fenced
  • Waterfront features: Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 4,000 sqft

Parking

  • Total spaces: 2
  • Parking features: Paved Drive,Off Street,Tandem,Driveway,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $6,421$77,052
Home Insurance *$500$6,000
Property Taxes $920$11,040
Electricity $651$7,815
Total$8,492$101,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$291,154/yr
40% on housing$254,760/yr
45% on housing$226,453/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

$384This listing

vs Other Active Listings

Avg $/sqft

ZIP 02151$327
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
2026-05-08Contingent$1,270,000
2026-04-09Listed for sale$1,270,000
2025-12-17Listing removed$1,295,000
2025-11-20Listed for sale$1,295,000
2025-11-19Listing removed$1,380,000
2025-09-23Price change$1,380,000
2025-09-09Listed for sale$1,450,000

For Sale by Agent

AgentMelody Golestani
BrokerageGibson Sotheby's International Realty

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