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$176,000
● Condo - Off Market

27 Alpine #2

Malden, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,102 Ft²
$464,730
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

SPACIOUS CONDO IN DESIRABLE LOCATION.WALK TO "T" AND SHOPPING.OPEN FLOOR PLAN FEATURES KITCHEN WITH BREAKFAST BAR OPENING TO DR/LR COMB AND SLIDERS TO BALCONY..BALC.CONNECTS LR AND MBR W/GREAT VIEWS OF BOSTON..PLENTY OF CLOSET SPACE..
Unit Size
1,102 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
Condo
Property Taxes
$144
HOA Dues
$297
Year Built
-

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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 years ago (MLSPIN #30561994)

Price History

Date / Event Date Event Price
Jan 18, 2002 Sold
Premium
Sold
Nov 18, 2001 Listed by Prime Choice Real Estate $174,900
Listed by Prime Choice Real Estate

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Width: 7
Length: 10
Area: 70
Level: First
Width: 12
Length: 12
Area: 144
Width: 9
Length: 15
Level: First
Area: 135
Length: 20
Level: First
Area: 300
Width: 15
Level: First
Length: 16
Width: 14
Area: 224
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Carpet
Rooms: 5
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Hilltop Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 592260
Water Source: City/Town Sewer
Financial Details
Tax Assessed Value: $131,600
Tax Annual Amount: $1,727
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $297
Community Features: Public Transportation, Shopping
Pets Allowed: No
Complex is Completed
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30561994
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