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Malden 02148 Oak Grove
26 Cottage Pl
$397,000
● House - Off Market

26 Cottage Pl

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,784 Ft²
$710,857
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Please submit offers by Monday at 5:00 PM. Lovely, very well maintained colonial within very close proximity to Malden T Station. First floor features a large living room, family room/den, updated eat-in kitchen and half bath. Second floor has 3 very generous bedrooms and a full bath. Walk up to the attic and find three additional rooms offering great expansion potential. Oil forced hot air heating system approximately 5 years old, gas hot water tank, central air conditioning and 100 amp electric circuit breakers. Roof is approximately 12 years old, nice fenced in yard, deck and parking for 3 or more cars.
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$219
Property Type
House
Property Taxes
$366
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 #71724354)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
Aug 5, 2014 Listed by Century 21 Bond Realty, Inc. $389,900
Listed by Century 21 Bond Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 903
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,415
  • Total Building Area: 1,771
  • Gross Building Area: 3,835
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • 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: 341302

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:048 B:864 L:431
  • Block: 864
  • Lot: 431
  • Municipality: MALDEN
  • Latitude: 42.4312
  • Longitude: -71.0688

    Address

  • Full Address: 26 Cottage Pl
  • Address - House Number: 26
  • Address - Street Name: Cottage
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Malden
  • Carrier Code: C050
  • 4-Digit Zip Code: 3744
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,300

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 748,723
  • High Value: 912,415
  • Low Value: 585,032

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,500
  • Assessed Land Value: $269,300
  • Assessed Improvements Value: $303,200

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148085
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# 71724354

Frequently Asked Questions

When was property at 26 Cottage Place built and last sold?
The property at 26 Cottage Place was built in 1900 and last sold on Jan 1, 1970 for $397,000.
How much is this home worth?
The estimated value of the home located at 26 Cottage Place is $410,249.
What are some comparable homes to 26 Cottage Place?
There are currently no comparable homes to 26 Cottage Place.
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