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Malden 02148 Maplewood
329 Forest St
$339,000
● House - Off Market

329 Forest St

Malden, MA 02148
bedrooms
2 Beds
bathrooms
1 Bath
square feet
923 Ft²
$533,583
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Forestdale!  This Colonial is a solid home in a great area--much original charm--in need of updating throughout.  Features include living room with beautiful beamed ceiling, French door leading to dining room with built-in hutch. All woodwork is natural--either cherry or walnut.  Hardwood floors.  Galley kitchen.  Second level features two bedrooms, a full bath with newer step-in shower, and a small room --good for an office or walk-in closet.  Roof on home is approx. 3 years old with some wood gutters and also new gutters.  The detached garage has a wood-shingle exterior, newly painted and roof was replaced approx. one year ago.  There's a loft in garage for storage and space for one auto. Very long driveway--can accommodate at least 3 cars.  Lovely yard.
Unit Size
923 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$347
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 #72019493)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
Jun 8, 2016 Listed by Century 21 Advance Realty $319,900
Listed by Century 21 Advance Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 486
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 923
  • Gross Building Area: 1,522
  • Building Area: 923
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 923
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:780 L:021
  • Block: 780
  • Lot: 21
  • Municipality: MALDEN
  • Latitude: 42.44
  • Longitude: -71.0564

    Address

  • Full Address: 329 Forest St
  • Address - House Number: 329
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C047
  • 4-Digit Zip Code: 1538
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,600

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 574,889
  • High Value: 681,700
  • Low Value: 468,077

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $500,900
  • Assessed Land Value: $307,100
  • Assessed Improvements Value: $193,800

    Sales

  • Current Sale Recording Date: Jul 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121685
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:

$724,950

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1973 ft²

Average Home Age

93.9 years

Currently For Sale

34 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# 72019493

Frequently Asked Questions

When was property at 329 Forest Street built and last sold?
The property at 329 Forest Street was built in 1900 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 329 Forest Street is $327,402.
What are some comparable homes to 329 Forest Street?
There are currently no comparable homes to 329 Forest Street.
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