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Malden 02148 Bellrock
22 Main Street
$289,300
● House - Off Market

22 Main Street

Malden, MA 02148
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$465,363
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Quaint, accommodating, sun drenched, home located just a short walk from the Malden Center Orange Line MBTA Station. This multi-level residence offers an accommodating floor plan with gleaming hardwood floors, a gorgeous kitchen, and HUGE basement.  The kitchen has granite countertops, maple cabinets, stainless steel appliances, and a ceramic tile floor.  Enjoy a nice outdoor space for BBQ or just plain relaxation.  A spacious 16' x 20' basement with laundry awaits your finishing touches.  A new hot water tank, updated furnace, and two deeded parking spaces (#5 & #6) complete the package!   You do not want to miss this wonderful home!
Unit Size
792 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$352
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1940

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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 #72003223)

Price History

Date / Event Date Event Price
Jul 5, 2016 Sold
Premium
Sold
May 11, 2016 Listed by Boston Hub Real Estate $279,000
Listed by Boston Hub Real Estate
Mar 21, 2003 Sold
Premium
Sold
Nov 26, 2002 Sold
Premium
Sold
Oct 4, 2002 Listed by Boston Hub Real Estate $239,900
Listed by Boston Hub Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,664
  • Total Building Area: 792
  • Gross Building Area: 1,208
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000038
  • 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:069 B:322 L:233
  • Block: 322
  • Lot: 233
  • Municipality: MALDEN
  • Latitude: 42.4159
  • Longitude: -71.0652

    Address

  • Full Address: 22 Main St
  • Address - House Number: 22
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C002
  • 4-Digit Zip Code: 7617
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,500

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 445,062
  • High Value: 529,591
  • Low Value: 360,533

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $342,600
  • Assessed Land Value: $191,200
  • Assessed Improvements Value: $151,400

    Sales

  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 111282
  • Previous Sale Recording Date: Nov 26, 2002
  • Previous Sale Amount: $252,000
  • 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 Bellrock

Stats & Trends

Median Asking:

$654,450

Sale Price/ft²

$428

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1246 ft²

Average Home Age

69.1 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: 5 months ago
Data Source: MLS PIN, MLS# 72003223

Frequently Asked Questions

When was property at 22 Main Street built and last sold?
The property at 22 Main Street was built in 1940 and last sold on Jan 1, 1970 for $289,300.
How much is this home worth?
The estimated value of the home located at 22 Main Street is $288,162.
What are some comparable homes to 22 Main Street?
There are currently no comparable homes to 22 Main Street.
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