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Malden 02148 Ferryway
16 Walnut Terr
Photo of 16 Walnut Terr
Sold on Mar 17, 2025

42

Map

Photo of 16 Walnut Terr
Photo of 16 Walnut Terr
$710,000
● House - Off Market

16 Walnut Terr

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,951 Ft²
$3,816
Est. Monthly
4.96%
Cap Rate

About This Property

Welcome to this charming Colonial home! Offering a spacious kitchen with ceramic tile, hardwood living room and dining room, a cozy half bath on the first floor. Walk upstairs to find three bedrooms, an office room, and a full bath. The walk up attic leads to even more space with endless possibilities! Outside you will find a farmer's porch and private deck to enjoy, along with a fenced yard. The home features a 1 car garage and a driveway that can accommodate 4 additional cars.Enjoy the recently built architectural shingled roof, siding and windows! This great location is walking distance to Freeway School, downtown, Malden Station and more. Don't wait to make this stunning home yours!
Unit Size
1,951 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$341
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73324091)

Price History

Date / Event Date Event Price
Mar 17, 2025 Sold
Premium
Sold
Jan 31, 2025 In contract -
In contract
Jan 29, 2025 Relisted $660,000
Relisted
Jan 16, 2025 In contract -
In contract
Jan 8, 2025 Listed $665,000
Listed
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 907
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,702
  • Total Building Area: 1,951
  • Gross Building Area: 4,130
  • Building Area: 1,951
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,951
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 341400

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:081 B:361 L:114
  • Block: 361
  • Lot: 114
  • Municipality: MALDEN
  • Latitude: 42.4201
  • Longitude: -71.06

    Address

  • Full Address: 16 Walnut Ter
  • Address - House Number: 16
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C032
  • 4-Digit Zip Code: 7715
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,900

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 690,424
  • High Value: 743,922
  • Low Value: 636,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,500
  • Assessed Land Value: $288,900
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148231
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $461,500
  • Previous Sale Document Type: O
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 Ferryway

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$373

Above Asking

0.00%

Average Days on Market

49

Average Home Size

1752 ft²

Average Home Age

131.5 years

Currently For Sale

4 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# 73324091

Frequently Asked Questions

When was property at 16 Walnut Terrace built and last sold?
The property at 16 Walnut Terrace was built in 1910 and last sold on Dec 28, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 16 Walnut Terrace is $663,806.
What are some comparable homes to 16 Walnut Terrace?
There are currently no comparable homes to 16 Walnut Terrace.
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