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Malden 02148 Maplewood
161 Cherry St
Photo of 161 Cherry St
Sold on Jun 29, 2005

1

Map

$349,900
● House - Off Market

161 Cherry St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,406 Ft²
$615,836
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

Been looking at houses that need updates?  Look no further.  Owner has done it all.  New roof, new kitchen, newer windows, completely painted.  Spiral staircase leads to 2nd floor master with slider that leads to deck overlooking wooded yard. Beautifully landscaped front yard and brand new paved driveway and patio.  Bright rooms and a layout that can accomodate many lifestyles.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$249
Property Type
House
Property Taxes
$209
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: 4 months ago (MLSPIN #70178627)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Aug 23, 2021 Listed $519,900
Listed
Jun 29, 2005 Sold
Premium
Sold
Apr 22, 2005 Listed $349,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 447
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,674
  • Total Building Area: 1,446
  • Gross Building Area: 2,048
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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:544
  • Block: 805
  • Lot: 544
  • Municipality: MALDEN
  • Latitude: 42.4385
  • Longitude: -71.0541

    Address

  • Full Address: 161 Cherry St
  • Address - House Number: 161
  • 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: $675,000

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 703,727
  • High Value: 818,149
  • Low Value: 589,304

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,400
  • Assessed Land Value: $294,900
  • Assessed Improvements Value: $282,500

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 237120
  • Previous Sale Recording Date: Jun 29, 2005
  • Previous Sale Amount: $349,900
  • 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:

$724,950

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2487 ft²

Average Home Age

97.3 years

Currently For Sale

37 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# 70178627

Frequently Asked Questions

When was property at 161 Cherry Street built and last sold?
The property at 161 Cherry Street was built in 1920 and last sold on Oct 28, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 161 Cherry Street is $523,081.
What are some comparable homes to 161 Cherry Street?
There are currently no comparable homes to 161 Cherry Street.
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