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2 4 Malden Street

Updated Feb 28, 2025

Beantown Companies Acquires Mixed-Use Property From Joe Cavaretta In Revere For $3.15M
SOLDMixed-use

Beantown Companies Acquires Mixed-Use Property From Joe Cavaretta In Revere For $3.15M

2 4 Malden Street

$3,150,000

$453/SF

Building Size

6,949 SF

Asset Type

Mixed-use

Closing

Feb 24, 2025

About this deal

AI

This mixed-use property located at 2-4 Malden Street in Revere, MA, was sold for $3,150,000. The asset spans a total of 6,949 square feet, translating to a price per square foot of $453.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,150,000
  • Buyer: Beantown Companies
  • Seller: Joe Cavaretta
  • Brokers: Ryan Taylor & Brayden Haney - Fortune Realty
  • Date of Transaction: 02/24/2025

The transaction involved Beantown Companies acquiring the property, with Joe Cavaretta acting as the seller. The deal was brokered by Ryan Taylor and Brayden Haney from Fortune Realty, representing the sale accordingly.

On the Map

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$3,150,000

$453/SF

Mixed-use

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Players

Ryan Taylor

Fortune Realty

Broker

$163.3M

vol

42 deals

Broker
Beantown Companies
Beantown CompaniesBuyer

Revere Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $453 per square foot on a published $3.2M for 6,949 square feet (2025).

Visit Ryan Taylor to view all their deals.

Browse Revere mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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