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Malden 02148 Maplewood
40 Clapp St.
$257,500
● House - Off Market

40 Clapp St.

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
980 Ft²
$545,228
RealtyHop Estimate
101.94%
Since Jan 1, 2004
MA-Boston
Primary Model

About This Property

GREAT STARTER HOME. SINGLE FAMILY 5RM, 3 BEDS NICE YARD, PARKING
Unit Size
980 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$276
Property Type
House
Property Taxes
$185
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: 4 years ago (MLSPIN #30782810)

Price History

Date / Event Date Event Price
Dec 15, 2003 Sold
Premium
Sold
Oct 22, 2003 Listed by Keller Williams Realty Evolution $270,000
Listed by Keller Williams Realty Evolution
Aug 31, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1
  • 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: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,116
  • Total Building Area: 980
  • Gross Building Area: 1,810
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7379A
  • Land Acres: 0000000094
  • 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: 341904

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:170 B:514 L:402
  • Block: 514
  • Lot: 402
  • Municipality: MALDEN
  • Latitude: 42.4325
  • Longitude: -71.0291

    Address

  • Full Address: 40 Clapp St
  • Address - House Number: 40
  • Address - Street Name: Clapp
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C015
  • 4-Digit Zip Code: 4635
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,000

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 528,504
  • High Value: 625,801
  • Low Value: 431,208

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $446,500
  • Assessed Land Value: $254,100
  • Assessed Improvements Value: $192,400

    Sales

  • Current Sale Recording Date: Dec 15, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1303030
  • Previous Sale Recording Date: Aug 31, 1994
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 43
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

57

Average Home Size

2381 ft²

Average Home Age

94.7 years

Currently For Sale

39 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30782810

Frequently Asked Questions

When was property at 40 Clapp Street built and last sold?
The property at 40 Clapp Street was built in 1900 and last sold on Jan 1, 1970 for $257,500.
How much is this home worth?
The estimated value of the home located at 40 Clapp Street is $279,061.
What are some comparable homes to 40 Clapp Street?
There are currently no comparable homes to 40 Clapp Street.
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