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Malden 02148 Ferryway
29 Pratt St
$425,000
● House - Off Market

29 Pratt St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,598 Ft²
$659,107
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

This wonderful well maintained home has been lovingly maintained by the same family for many years. First floor features a large living room, formal dining room, eat-in kitchen and full bath. The second floor has three generous bedrooms and another full bath plus a walk-up attic for storage or future expansion. Many updates include replacement windows, newer gas heating system, central A/C, newer roof (approximately 10 years) and electric circuit breakers. Nice deck, beautiful fenced in yard and driveway with carport. See SPECIAL SHOWING INSTRUCTIONS.
Unit Size
1,598 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$238
Property Type
House
Property Taxes
$386
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: 5 months ago (MLSPIN #71848453)

Price History

Date / Event Date Event Price
Jul 31, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by Century 21 Bond Realty, Inc. $379,900
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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 833
  • Garage Type: 17
  • Parking Space Count: 12
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,107
  • Total Building Area: 1,598
  • Gross Building Area: 3,584
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 341400

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:081 B:360 L:014
  • Block: 360
  • Lot: 14
  • Municipality: MALDEN
  • Latitude: 42.4193
  • Longitude: -71.0605

    Address

  • Full Address: 29 Pratt St
  • Address - House Number: 29
  • Address - Street Name: Pratt
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C032
  • 4-Digit Zip Code: 7756
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $671,700

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 712,814
  • High Value: 836,929
  • Low Value: 588,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,600
  • Assessed Land Value: $293,700
  • Assessed Improvements Value: $280,900

    Sales

  • Current Sale Recording Date: Jul 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126937
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 Ferryway

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$375

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1937 ft²

Average Home Age

122.7 years

Currently For Sale

3 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: 5 months ago
Data Source: MLS PIN, MLS# 71848453

Frequently Asked Questions

When was property at 29 Pratt Street built and last sold?
The property at 29 Pratt Street was built in 1900 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 29 Pratt Street is $387,601.
What are some comparable homes to 29 Pratt Street?
There are currently no comparable homes to 29 Pratt Street.
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