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Malden 02148 Maplewood
1522 Eastern Avenue
Photo of 1522 Eastern Avenue
Sold on Jul 25, 2008

1

Map

$328,200
● House - Off Market

1522 Eastern Avenue

Malden, MA 02148
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,542 Ft²
$688,383
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

Walk Into This Oversized Cape And Start Living Today.  Home Has Hardwood Floors, Updated Kitchen With Counter Tops And Stainless Steel Appliances.  Large Living Room Has Fireplace And Build-In Wall AC Unit. The Second Floor Has Two Bedrooms And One Full Bath. Family Room In Basement With Second Kitchen.  Home Has Security System, Intercom System And Fenced In Yard.  Also, Two Storage Sheds And Two Driveways.
Unit Size
2,542 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$138
Property Type
House
Property Taxes
$256
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: 4 months ago (MLSPIN #70720088)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jul 29, 2021 Listed $499,000
Listed
Jul 28, 2008 Sold
Premium
Sold
Mar 3, 2008 Listed $349,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,449
  • Total Building Area: 1,558
  • Gross Building Area: 2,699
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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: 341901

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:170 B:537 L:709
  • Block: 537
  • Lot: 709
  • Municipality: MALDEN
  • Latitude: 42.4316
  • Longitude: -71.0273

    Address

  • Full Address: 1522 Eastern Ave
  • Address - House Number: 1522
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Malden
  • Carrier Code: C030
  • 4-Digit Zip Code: 6208
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $728,100

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 693,294
  • High Value: 820,927
  • Low Value: 565,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,800
  • Assessed Land Value: $269,000
  • Assessed Improvements Value: $353,800

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 217023
  • Previous Sale Recording Date: Jul 28, 2008
  • Previous Sale Amount: $330,000
  • 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

$414

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2467 ft²

Average Home Age

96.5 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: 4 months ago
Data Source: MLS PIN, MLS# 70720088

Frequently Asked Questions

When was property at 1522 Eastern Avenue built and last sold?
The property at 1522 Eastern Avenue was built in 1950 and last sold on Sep 30, 2021 for $545,000.
How much is this home worth?
The estimated value of the home located at 1522 Eastern Avenue is $530,789.
What are some comparable homes to 1522 Eastern Avenue?
There are currently no comparable homes to 1522 Eastern Avenue.
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