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Malden 02148 Maplewood
37 Princeton Rd
$408,000
● House - Off Market

37 Princeton Rd

Malden, MA 02148
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$667,122
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

This well maintained four bedroom colonial located the highly desirable Forestdale neighborhood is in move-in condition and needs your cosmetic updates. This home features double pane vinyl replacement windows, newer roof(~10 years), gas heating, hot water heater(2008) low maintenance vinyl siding, gleaming hardwood floors, and an unfinished walkout basement with high ceilings. All the major work has been done and just needs your cosmetic overhaul to bring it to a modern style. Additional features include large eat in kitchen, sun filled living room with large picture window, private level yard, and a detached 1 car garage.  This home is conveniently located near shops, restaurants and has easy access to Malden commuter rail station, public transportation, and the highway. OFFERS DUE MONDAY 2/1 by 3pm.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$270
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1930

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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 #71951529)

Price History

Date / Event Date Event Price
Mar 30, 2016 Sold
Premium
Sold
Jan 22, 2016 Listed by RE/MAX Best Choice $389,000
Listed by RE/MAX Best Choice
Oct 28, 2005 Sold
Premium
Sold
Aug 15, 2005 Listed by RE/MAX Best Choice $379,900
Listed by RE/MAX Best Choice

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,604
  • Total Building Area: 1,440
  • Gross Building Area: 2,267
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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:113 B:806 L:624
  • Block: 806
  • Lot: 624
  • Municipality: MALDEN
  • Latitude: 42.4374
  • Longitude: -71.0546

    Address

  • Full Address: 37 Princeton Rd
  • Address - House Number: 37
  • Address - Street Name: Princeton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Malden
  • Carrier Code: C049
  • 4-Digit Zip Code: 1631
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $619,500

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 677,673
  • High Value: 795,669
  • Low Value: 559,677

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,900
  • Assessed Land Value: $294,100
  • Assessed Improvements Value: $235,800

    Sales

  • Current Sale Recording Date: Mar 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47591
  • Previous Sale Recording Date: Oct 28, 2005
  • Previous Sale Amount: $367,500
  • Previous Sale Document Type: 27
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

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# 71951529

Frequently Asked Questions

When was property at 37 Princeton Road built and last sold?
The property at 37 Princeton Road was built in 1930 and last sold on Jan 1, 1970 for $408,000.
How much is this home worth?
The estimated value of the home located at 37 Princeton Road is $399,008.
What are some comparable homes to 37 Princeton Road?
There are currently no comparable homes to 37 Princeton Road.
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