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Malden 02148 Maplewood
24 Echo Street
$752,000
● House - Off Market

24 Echo Street

Malden, MA 02148
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$897,453
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

A commuter's dream! Just minutes to the T (Malden and Melrose Square) and major highway access to Boston. This beautifully updated Forestdale colonial offers three levels of living, with four spacious bedrooms and three updated baths. First floor features a renovated granite and stainless kitchen, formal dining room with gas fireplace, and spacious living room; all with hardwood floors and recessed lighting, a full bath and mudroom. The second floor includes three bedrooms and updated full bath. The finished third floor consists of the master bedroom and gorgeous new master bath. Other features include: new siding, new roof, new master bath, fenced in back yard with deck, patio and impressive detached barn - offering a unique and versatile space to entertain and play. This house has it all!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$325
Property Type
House
Property Taxes
$588
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: 4 months ago (MLSPIN #72628837)

Price History

Date / Event Date Event Price
May 18, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Compass $649,900
Listed by Compass
Oct 30, 2015 Sold
Premium
Sold
Jun 18, 2015 Listed by Compass $489,000
Listed by Compass

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 739
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,986
  • Total Building Area: 1,886
  • Gross Building Area: 3,530
  • Building Area: 1,886
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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: 341600

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:109 B:781 L:103
  • Block: 781
  • Lot: 103
  • Municipality: MALDEN
  • Latitude: 42.4394
  • Longitude: -71.0556

    Address

  • Full Address: 24 Echo St
  • Address - House Number: 24
  • Address - Street Name: Echo
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C034
  • 4-Digit Zip Code: 1621
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $868,600

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 905,112
  • High Value: 1,062,555
  • Low Value: 747,669

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $743,000
  • Assessed Land Value: $349,600
  • Assessed Improvements Value: $393,400

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74675
  • Previous Sale Recording Date: Oct 30, 2015
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: O
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

$410

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2484 ft²

Average Home Age

96.7 years

Currently For Sale

33 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: 4 months ago
Data Source: MLS PIN, MLS# 72628837

Frequently Asked Questions

When was property at 24 Echo Street built and last sold?
The property at 24 Echo Street was built in 1900 and last sold on May 11, 2020 for $752,292.
How much is this home worth?
The estimated value of the home located at 24 Echo Street is $657,516.
What are some comparable homes to 24 Echo Street?
There are currently no comparable homes to 24 Echo Street.
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