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Malden 02148 Maplewood
23 2nd Street
$600,000
● House - Off Market

23 2nd Street

Malden, MA 02148
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,911 Ft²
$891,842
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Fantastic opportunity to own a brick and vinyl home. The home features 8 rooms including a first floor master bedroom and family room, living room with fireplace, fully applianced eat in kitchen and slider doors to the deck. There is a wonderful yard of almost 13,000 sf and Route 1 access is less than 1 mile (Google Maps). Located in a great residential neighborhood and easy access for commuters make this a winning combination.
Unit Size
3,911 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$160
Property Type
House
Property Taxes
$853
HOA Dues
-
Year Built
1974

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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 #72406276)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Apr 12, 2019 No longer available -
No longer available
Apr 6, 2019 Relisted $675,000
Relisted
Apr 3, 2019 No longer available -
No longer available
Mar 30, 2019 Price Decreased $675,000
↓ $50K (6.9%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,636
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,898
  • Total Building Area: 3,184
  • Gross Building Area: 4,807
  • Building Area: 3,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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:150 B:627 L:750
  • Block: 627
  • Lot: 750
  • Municipality: MALDEN
  • Latitude: 42.4406
  • Longitude: -71.0363

    Address

  • Full Address: 23 2nd St
  • Address - House Number: 23
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C069
  • 4-Digit Zip Code: 1953
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $854,000

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 825,391
  • High Value: 952,105
  • Low Value: 698,677

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $730,500
  • Assessed Land Value: $407,500
  • Assessed Improvements Value: $323,000

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82013
  • Previous Sale Recording Date: Feb 04, 1994
  • Previous Sale Amount: $100,000
  • 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:

$729,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1985 ft²

Average Home Age

92.3 years

Currently For Sale

40 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# 72406276

Frequently Asked Questions

When was property at 23 2nd Street built and last sold?
The property at 23 2nd Street was built in 1974 and last sold on Jun 6, 2019 for $600,000.
How much is this home worth?
The estimated value of the home located at 23 2nd Street is $679,660.
What are some comparable homes to 23 2nd Street?
There are currently no comparable homes to 23 2nd Street.
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