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Malden 02148 Maplewood
12 Joy Terrace
$333,000
● House - Off Market

12 Joy Terrace

Malden, MA 02148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,501 Ft²
$651,689
RealtyHop Estimate
91.73%
Since Feb 1, 2014
MA-Boston
Primary Model

About This Property

Elegant 7 Rm Ranch with open-concept, located on a cul-de-sac of lovely homes near direct MBTA Bus to Boston. Built-in custom cherry cabinetry stunningly divides the impressive Living Room with fireplace; spacious dining room & kitchen divided by a large island; huge gorgeous Family Room featuring wood vaulted ceiling, skylight & lovely corner fireplace.  Totally finished basement has a huge family room with built-in wet bar & large laundry & utility rooms with many cabinets. This home is situated on a nice level lot with large back yard and offers parking for 3 autos.  Truly a pleasure to show!
Unit Size
1,501 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$226
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #71578921)

Price History

Date / Event Date Event Price
Jan 10, 2014 Sold
Premium
Sold
Sep 5, 2013 Listed by Century 21 Bond Realty, Inc. $339,900
Listed by Century 21 Bond Realty, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,521
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,543
  • Total Building Area: 1,501
  • Gross Building Area: 3,118
  • Building Area: 1,501
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,501
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 341904

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:173 B:520 L:034
  • Block: 520
  • Lot: 34
  • Municipality: MALDEN
  • Latitude: 42.4361
  • Longitude: -71.0261

    Address

  • Full Address: 12 Joy Ter
  • Address - House Number: 12
  • Address - Street Name: Joy
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C009
  • 4-Digit Zip Code: 4748
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,900

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 695,764
  • High Value: 865,171
  • Low Value: 526,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,600
  • Assessed Land Value: $281,300
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Recording Date: Jan 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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:

$724,950

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2010 ft²

Average Home Age

95.5 years

Currently For Sale

36 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71578921

Frequently Asked Questions

When was property at 12 Joy Terrace built and last sold?
The property at 12 Joy Terrace was built in 1960 and last sold on Jan 1, 1970 for $333,000.
How much is this home worth?
The estimated value of the home located at 12 Joy Terrace is $356,904.
What are some comparable homes to 12 Joy Terrace?
There are currently no comparable homes to 12 Joy Terrace.
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