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Malden 02148 Maplewood
40 Harvard St
$750,000
● House - Off Market

40 Harvard St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,346 Ft²
$661,817
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

** Multiple Offer Notification - Highest and Best Offers Due but Monday, March 7th at 3pm ** Welcome home to Malden! Don't miss this move-in ready 3 bed, 1.5 bath colonial with detached 1-car garage in an excellent commuter location! There's a lot to LOVE about this home. The spacious kitchen offers tons of cabinet storage, stainless steel appliances, beautiful hardwood flooring throughout and a convenient half bath. The main level floor plan is flexible for multiple sitting areas or a first floor office. All the bedrooms are on the second floor along with the fully appointed bath with a double vanity! The yard is partially fenced and the perfect size for entertaining with a huge paver patio. Other recent improvements include (2019) energy efficient oil fired combi-boiler and (2019) ductless mini-splits.
Unit Size
2,346 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$277
Property Type
House
Property Taxes
$646
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 #72948369)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Mar 3, 2022 Listed by Coldwell Banker Realty - Haverhill $649,000
Listed by Coldwell Banker Realty - Haverhill
Jun 28, 2017 Sold
Premium
Sold
Apr 26, 2017 Listed by Coldwell Banker Realty - Haverhill $549,900
Listed by Coldwell Banker Realty - Haverhill
Aug 14, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 774
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,791
  • Total Building Area: 1,572
  • Gross Building Area: 2,576
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMAS DOWLING
  • Land Acres: 0000000156
  • 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: 341500

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:084 B:403 L:326
  • Block: 403
  • Lot: 326
  • Municipality: MALDEN
  • Latitude: 42.422
  • Longitude: -71.0559

    Address

  • Full Address: 40 Harvard St
  • Address - House Number: 40
  • Address - Street Name: Harvard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C073
  • 4-Digit Zip Code: 7813
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $836,400

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 821,979
  • High Value: 948,169
  • Low Value: 695,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $715,500
  • Assessed Land Value: $301,800
  • Assessed Improvements Value: $413,700

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56901
  • Previous Sale Recording Date: Jun 28, 2017
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: O
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:

$724,900

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2002 ft²

Average Home Age

95.4 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: 5 months ago
Data Source: MLS PIN, MLS# 72948369

Frequently Asked Questions

When was property at 40 Harvard Street built and last sold?
The property at 40 Harvard Street was built in 1900 and last sold on Apr 15, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 40 Harvard Street is $674,791.
What are some comparable homes to 40 Harvard Street?
There are currently no comparable homes to 40 Harvard Street.
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