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Malden 02148 Maplewood
11 Cliff Terrace
$559,900
● House - Off Market

11 Cliff Terrace

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,290 Ft²
$590,830
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Adorable and Updated Bungalow enter through the door of the bright and sunny porch, you will find an inviting living room, charming dining room with built-in, updated kitchen with stainless steel appliances and granite countertops, master bedroom, second bedroom, full bathroom, and completing the first floor a bright sunroom. The second floor features a third bedroom and another room that can be used for an office or playroom. The yard is perfect for entertaining with plenty of space, the detached garage is great for storage. Roof is 1 year old, Heating system is 4 years old,  Hot Water Tank is 4 years old, and Newer Windows. There is nothing left to do but move in! Walk to the bus, park,  and Maplewood Square. Don't wait this one will not last!
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$434
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #73020345)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 2, 2022 Listed by Century 21 North East $559,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 975
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,290
  • Gross Building Area: 3,149
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MALDEN
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Malden School District
  • School Tax School District: MALDEN SD
  • Census Tract: 341700

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:142 B:792 L:232
  • Block: 792
  • Lot: 232
  • Municipality: MALDEN
  • Latitude: 42.4389
  • Longitude: -71.0456

    Address

  • Full Address: 11 Cliff Ter
  • Address - House Number: 11
  • Address - Street Name: Cliff
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C033
  • 4-Digit Zip Code: 1809
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 602,238
  • High Value: 710,123
  • Low Value: 494,354

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,600
  • Assessed Land Value: $282,600
  • Assessed Improvements Value: $243,000

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141545
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Maplewood

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1985 ft²

Average Home Age

92.3 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73020345

Frequently Asked Questions

When was property at 11 Cliff Terrace built and last sold?
The property at 11 Cliff Terrace was built in 1920 and last sold on Sep 16, 2022 for $559,900.
How much is this home worth?
The estimated value of the home located at 11 Cliff Terrace is $563,566.
What are some comparable homes to 11 Cliff Terrace?
There are currently no comparable homes to 11 Cliff Terrace.
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