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Malden 02148 Oak Grove
15 Robert Terrace
Photo of 15 Robert Terrace
Sold on Sep 8, 2009

1

Map

$310,000
● House - Off Market

15 Robert Terrace

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,490 Ft²
$620,600
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

Perfectly located around the corner from the Oak Grove T on a quite dead-end street.  Roll up your sleeves and strike gold in this wonderful Colonial. Don't miss this large home with great flow.  7RMs, 3 BRs, 4th BR or office in the walk-up attic (unheated).  Pine floors throughout; DR has built-in hutch, large eat-in kitchen with pantry, MBR with walk-in closet. Basement walks out to a beautiful yard. Some replacement windows throughout; roof was replaced in 2005. This gem won't last.
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$201
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1896

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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: 4 months ago (MLSPIN #70947143)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Oct 28, 2020 Listed $659,900
Listed
Sep 8, 2009 Sold
Premium
Sold
Jul 14, 2009 Listed $299,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,615
  • Total Building Area: 1,977
  • Gross Building Area: 3,768
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000083
  • 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: 341101

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:010 B:070 L:009
  • Block: 70
  • Lot: 9
  • Municipality: MALDEN
  • Latitude: 42.4366
  • Longitude: -71.0722

    Address

  • Full Address: 15 Robert Ter
  • Address - House Number: 15
  • Address - Street Name: Robert
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C022
  • 4-Digit Zip Code: 1326
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 847,496
  • High Value: 1,034,184
  • Low Value: 660,808

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,400
  • Assessed Land Value: $271,800
  • Assessed Improvements Value: $387,600

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 247009
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Amount: $310,000
  • 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 Oak Grove

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$535

Above Asking

0.00%

Average Days on Market

48

Average Home Size

2096 ft²

Average Home Age

113.5 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 70947143

Frequently Asked Questions

When was property at 15 Robert Terrace built and last sold?
The property at 15 Robert Terrace was built in 1896 and last sold on Dec 21, 2020 for $655,000.
How much is this home worth?
The estimated value of the home located at 15 Robert Terrace is $663,389.
What are some comparable homes to 15 Robert Terrace?
There are currently no comparable homes to 15 Robert Terrace.
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