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Malden 02148 Oak Grove
2 Highland Ter
$445,000
● House - Off Market

2 Highland Ter

Malden, MA 02148
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,679 Ft²
$874,267
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Excellent location with mints walk to T station. specious Victorian style home has 3 levels of living, consists of 6 bed rooms and 2.5,Large and open living & dining rooms with stone decorated fireplace. semi modern eat in kitchen.  Hardwood flrs.Gas heating system. private parking.Unique house with many historic features. Must see!
Unit Size
2,679 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$168
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #71490989)

Price History

Date / Event Date Event Price
May 9, 2013 Sold
Premium
Sold
Mar 7, 2013 Listed by PageOne Realty, LLC $449,900
Listed by PageOne Realty, LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,234
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,161
  • Total Building Area: 2,696
  • Gross Building Area: 5,071
  • Building Area: 2,696
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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: 341101

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:009 B:052 L:203
  • Block: 52
  • Lot: 203
  • Municipality: MALDEN
  • Latitude: 42.435
  • Longitude: -71.0752

    Address

  • Full Address: 2 Highland Ter
  • Address - House Number: 2
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C010
  • 4-Digit Zip Code: 1249
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,070,600

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,078,712
  • High Value: 1,254,106
  • Low Value: 903,319

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $915,800
  • Assessed Land Value: $326,500
  • Assessed Improvements Value: $589,300

    Sales

  • Current Sale Recording Date: May 09, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 99113
  • Previous Sale Recording Date: May 09, 2013
  • Previous Sale Amount: $445,000
  • 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 Oak Grove

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$513

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3075 ft²

Average Home Age

82.8 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 71490989

Frequently Asked Questions

When was property at 2 Highland Terrace built and last sold?
The property at 2 Highland Terrace was built in 1900 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 2 Highland Terrace is $454,546.
What are some comparable homes to 2 Highland Terrace?
There are currently no comparable homes to 2 Highland Terrace.
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