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Malden 02148 Maplewood
150 Central Avenue
$310,000
● House - Off Market

150 Central Avenue

Malden, MA 02148
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,002 Ft²
$477,954
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Desirable one-level living in this Ranch style home featuring 5 rooms, bright and sunny living room with gas fireplace, galley style kitchen, dinning room with walk out to deck and yard, two bedrooms, and full bath, utility room with washer/dryer hook up on main level,  newer heating system, updated windows throughout, newer maintenance free front stairs, pull down attic,  bulkhead with storage area (crawl space accessible only from outside ).  Centrally located to route one, Saugus and Revere.
Unit Size
1,002 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$319
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1950

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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 #72290953)

Price History

Date / Event Date Event Price
Apr 27, 2018 Sold
Premium
Sold
Mar 8, 2018 Listed by Carpenito Real Estate, Inc. $319,900
Listed by Carpenito Real Estate, Inc.
Nov 13, 2001 Sold
Premium
Sold
Jul 16, 2001 Listed by Carpenito Real Estate, Inc. $244,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,217
  • Total Building Area: 1,002
  • Gross Building Area: 1,345
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 341903

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:163 B:576 L:603
  • Block: 576
  • Lot: 603
  • Municipality: MALDEN
  • Latitude: 42.437
  • Longitude: -71.0292

    Address

  • Full Address: 150 Central Ave
  • Address - House Number: 150
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Malden
  • Carrier Code: C045
  • 4-Digit Zip Code: 3464
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $531,100

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 506,110
  • High Value: 602,233
  • Low Value: 409,986

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,300
  • Assessed Land Value: $300,300
  • Assessed Improvements Value: $154,000

    Sales

  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1786380
  • Previous Sale Recording Date: Nov 13, 2001
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 48
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

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2002 ft²

Average Home Age

95.4 years

Currently For Sale

38 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: 5 months ago
Data Source: MLS PIN, MLS# 72290953

Frequently Asked Questions

When was property at 150 Central Avenue built and last sold?
The property at 150 Central Avenue was built in 1950 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 150 Central Avenue is $326,078.
What are some comparable homes to 150 Central Avenue?
There are currently no comparable homes to 150 Central Avenue.
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