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Malden 02148 Maplewood
18 Central Ave
$455,000
● House - Off Market

18 Central Ave

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,645 Ft²
$643,848
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Corner lot, Sunny, Bright and Cozy Colonial . Hardwood floors throughout. Eat in Kitchen with an abundance of cabinet space. Washer and dryer hookup on both main level and in basement .  Living Room and Beautiful Four Season Porch complete the first floor. Three nice size bedrooms on second floor.  Basement is partially finished with storage space area .  Lovely backyard and nice patio where you can drink your morning coffee and enjoy the sunny day. Steps to Public Transportation and The Many Shops and Restaurants Malden Has to Offer.
Unit Size
1,645 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$274
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1915

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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 #72532458)

Price History

Date / Event Date Event Price
Sep 16, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by Century 21 Advance Realty $450,000
Listed by Century 21 Advance Realty
Oct 30, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • 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: 588
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,629
  • Total Building Area: 1,515
  • Gross Building Area: 3,290
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,515
  • 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: 341903

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:183 B:572 L:210
  • Block: 572
  • Lot: 210
  • Municipality: MALDEN
  • Latitude: 42.4398
  • Longitude: -71.0315

    Address

  • Full Address: 18 Central Ave
  • Address - House Number: 18
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Malden
  • Carrier Code: C045
  • 4-Digit Zip Code: 2110
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,300

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 625,655
  • High Value: 740,836
  • Low Value: 510,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,200
  • Assessed Land Value: $248,700
  • Assessed Improvements Value: $266,500

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140574
  • Previous Sale Recording Date: Oct 30, 2000
  • Previous Sale Amount: $150,000
  • 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

$412

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2000 ft²

Average Home Age

95 years

Currently For Sale

39 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72532458

Frequently Asked Questions

When was property at 18 Central Avenue built and last sold?
The property at 18 Central Avenue was built in 1915 and last sold on Sep 12, 2019 for $455,000.
How much is this home worth?
The estimated value of the home located at 18 Central Avenue is $467,136.
What are some comparable homes to 18 Central Avenue?
There are currently no comparable homes to 18 Central Avenue.
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