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Malden 02148 Maplewood
31 Arch Street
$500,000
● House - Off Market

31 Arch Street

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,471 Ft²
$710,803
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

New to market this renovated home is vacant and ready to move in.  This home located in the Linden section of Malden and features a beautiful updated kitchen with new appliances and granite counter tops.   Other features include central vacuum, alarm system, 2 A/C units, Anderson windows and a newer roof replaced in 2009.  The fenced in backyard and deck are perfect for entertaining.  Washer and dryer in the finished basement and possible expansion in the attic if needed.
Unit Size
1,471 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$326
Property Type
House
Property Taxes
$448
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 #72318418)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Apr 30, 2018 Listed by Connect Property Group $479,900
Listed by Connect Property Group

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: 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: 713
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,907
  • Total Building Area: 1,471
  • Gross Building Area: 2,887
  • Building Area: 1,471
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,471
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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: 341901

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:166 B:548 L:816
  • Block: 548
  • Lot: 816
  • Municipality: MALDEN
  • Latitude: 42.4299
  • Longitude: -71.0318

    Address

  • Full Address: 31 Arch St
  • Address - House Number: 31
  • Address - Street Name: Arch
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C030
  • 4-Digit Zip Code: 6104
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,700

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 678,112
  • High Value: 802,950
  • Low Value: 553,273

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $559,200
  • Assessed Land Value: $251,800
  • Assessed Improvements Value: $307,400

    Sales

  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86625
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:

$725,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2027 ft²

Average Home Age

97.1 years

Currently For Sale

38 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72318418

Frequently Asked Questions

When was property at 31 Arch Street built and last sold?
The property at 31 Arch Street was built in 1900 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 31 Arch Street is $492,529.
What are some comparable homes to 31 Arch Street?
There are currently no comparable homes to 31 Arch Street.
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