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Malden 02148 Maplewood
135 Cherry
$500,000
● House - Off Market

135 Cherry

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,571 Ft²
$691,931
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Beautifully updated house in Malden's highly sought after Forestdale neighborhood near the Melrose line. This cozy home offers 3 bedrooms, 1bath, a beautiful spacious kitchen with granite countertops and stainless steel appliances. Additional office space and a small den for work, rest or play.  Freshly painted, newly refinished hardwood floors, up dated light fixtures including all LED recess light.   Don't miss the opportunity to own this lovely, home situated on a quiet street with, a short distance of 1.2 miles walk to Oak Grove Train Station and 5 min walk to Forestdale school. 10 min walk to the Mystic Valley Charter School and 10 min drive to Malden Center. MBTA bus 106 is 3 min walk distance from the house.
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$317
Property Type
House
Property Taxes
$451
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 #72609143)

Price History

Date / Event Date Event Price
Mar 4, 2020 Sold
Premium
Sold
Jan 17, 2020 Listed by RE/MAX Trinity $498,000
Listed by RE/MAX Trinity
Jan 19, 2011 Sold
Premium
Sold
Dec 2, 2010 Listed by RE/MAX Trinity $199,000
Listed by RE/MAX Trinity

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 911
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,399
  • Gross Building Area: 2,944
  • Building Area: 1,399
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,399
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 341600

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:112 B:805 L:538
  • Block: 805
  • Lot: 538
  • Municipality: MALDEN
  • Latitude: 42.4383
  • Longitude: -71.0529

    Address

  • Full Address: 135 Cherry St
  • Address - House Number: 135
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C034
  • 4-Digit Zip Code: 1603
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,400

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 697,319
  • High Value: 821,999
  • Low Value: 572,638

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,700
  • Assessed Land Value: $300,300
  • Assessed Improvements Value: $289,400

    Sales

  • Current Sale Contract Date: Feb 29, 2020
  • Current Sale Recording Date: Mar 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32879
  • Previous Sale Recording Date: Jan 19, 2011
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: 27
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:

$724,900

Sale Price/ft²

$412

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2000 ft²

Average Home Age

95 years

Currently For Sale

39 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# 72609143

Frequently Asked Questions

When was property at 135 Cherry Street built and last sold?
The property at 135 Cherry Street was built in 1920 and last sold on Feb 29, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 135 Cherry Street is $507,863.
What are some comparable homes to 135 Cherry Street?
There are currently no comparable homes to 135 Cherry Street.
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