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Malden 02148 Maplewood
229 Webster Street
$799,000
● House - Off Market

229 Webster Street

Malden, MA 02148
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,373 Ft²
$4,496
Est. Monthly

About This Property

Discover the charm of this Malden gem, ready for its new owners! This spacious single-family home boasts bright living areas highlighted by large windows and beautiful coffered ceilings. Gleaming hardwood floors run throughout the home. The contemporary kitchen is equipped with stainless steel appliances and sleek white cabinets, making it perfect for entertaining. The updated bathrooms feature stylish tiled showers. With five bedrooms and three bathrooms, there is plenty of space and privacy for everyone. Ample parking and abundant space make this home perfect for multi-generational living or those who need room to roam. Enjoy convenient access to Route 1, restaurants and shopping! Don't miss the opportunity to see it today!
Unit Size
2,373 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$337
Property Type
House
Property Taxes
$572
HOA Dues
-
Year Built
1890

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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 #73258550)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Aug 13, 2024 In contract -
In contract
Jul 29, 2024 Price Decreased $799,000
↓ $26K (3.2%)
Price Decreased
Jul 5, 2024 Price Increased $825,000
↑ $26K (3.3%)
Price Increased
Jun 28, 2024 Listed by Lamacchia Realty, Inc. $799,000
Listed by Lamacchia Realty, Inc.
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 857
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,083
  • Total Building Area: 2,373
  • Gross Building Area: 3,977
  • Building Area: 2,373
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,373
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 341800

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:131 B:681 L:109
  • Block: 681
  • Lot: 109
  • Municipality: MALDEN
  • Latitude: 42.4322
  • Longitude: -71.0402

    Address

  • Full Address: 229 Webster St
  • Address - House Number: 229
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C036
  • 4-Digit Zip Code: 4424
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,200

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 781,647
  • High Value: 961,399
  • Low Value: 601,895

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,000
  • Assessed Land Value: $289,800
  • Assessed Improvements Value: $297,200

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74020
  • Previous Sale Recording Date: Nov 07, 2013
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 35
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:

$727,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1932 ft²

Average Home Age

90.9 years

Currently For Sale

35 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73258550

Frequently Asked Questions

When was property at 229 Webster Street built and last sold?
The property at 229 Webster Street was built in 1890 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 229 Webster Street is $795,764.
What are some comparable homes to 229 Webster Street?
There are currently no comparable homes to 229 Webster Street.
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