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Malden 02148 Maplewood
44 Cherry St
$448,000
● House - Off Market

44 Cherry St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,312 Ft²
$736,754
RealtyHop Estimate
63.76%
Since Feb 1, 2017
MA-Boston
Primary Model

About This Property

Desirable colonial in a quiet street location!  Many new renovation and newer updates!   Brand new gas heating system and Central A/C!  New hardwood floors!  New paintings!  Updated roof, insulated windows, bathrooms, kitchen with granite countertop and stainless steel range and dishwasher!  First floor features large kitchen, formal dining room, living room, family room (or used as a bedroom if desired) and a full bathroom with washer and dryer, enclosed sunroom; Second floor has 3 large bedrooms (one is a walk-through) and a full bath.  Everything has been done and just move in and enjoy!
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$343
Property Type
House
Property Taxes
$449
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 months ago (MLSPIN #72092663)

Price History

Date / Event Date Event Price
Jan 27, 2017 Sold
Premium
Sold
Nov 12, 2016 Listed by Ivy Gate Realty $449,900
Listed by Ivy Gate Realty
Sep 22, 2010 Sold
Premium
Sold
Aug 7, 2010 Listed by Ivy Gate Realty $229,900
Listed by Ivy Gate Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 764
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,919
  • Total Building Area: 1,330
  • Gross Building Area: 2,444
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000182
  • 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: 341700

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:137 B:658 L:809
  • Block: 658
  • Lot: 809
  • Municipality: MALDEN
  • Latitude: 42.4371
  • Longitude: -71.0491

    Address

  • Full Address: 44 Cherry St
  • Address - House Number: 44
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C034
  • 4-Digit Zip Code: 1728
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $678,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 673,165
  • High Value: 782,619
  • Low Value: 563,711

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,400
  • Assessed Land Value: $324,500
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Recording Date: Jan 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15781
  • Previous Sale Recording Date: Sep 22, 2010
  • Previous Sale Amount: $220,000
  • 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:

$724,950

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2505 ft²

Average Home Age

97.6 years

Currently For Sale

36 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: 4 months ago
Data Source: MLS PIN, MLS# 72092663

Frequently Asked Questions

When was property at 44 Cherry Street built and last sold?
The property at 44 Cherry Street was built in 1900 and last sold on Jan 1, 1970 for $448,000.
How much is this home worth?
The estimated value of the home located at 44 Cherry Street is $450,080.
What are some comparable homes to 44 Cherry Street?
There are currently no comparable homes to 44 Cherry Street.
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