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Malden 02148 Maplewood
45 Cherry St
$525,000
● House - Off Market

45 Cherry St

Malden, MA 02148
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,564 Ft²
$644,605
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

This home has been lovingly cared for over the years.  This home needs some updating and  little TLC and it will bring this warm and welcoming home back to a place filled with family, holiday celebrations and a new generation.  This 3 to 4 bedrooms home with 1.5 baths sits on one of  the biggest lots  in the neighborhood with over 9,700 square feet of land.  It has a nice eat in kitchen, living room, dining room & den  with 3 to 4 bedrooms, 1.5 baths, enclosed front 3 season porch  and a year old roof.  House to eb sold "AS IS"
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$320
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1920

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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 #72719149)

Price History

Date / Event Date Event Price
Oct 9, 2020 Sold
Premium
Sold
Sep 1, 2020 Listed by Century 21 North East $499,999
Listed by Century 21 North East

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • 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: 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: 704
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,731
  • Total Building Area: 1,564
  • Gross Building Area: 3,072
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • 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:803 L:319
  • Block: 803
  • Lot: 319
  • Municipality: MALDEN
  • Latitude: 42.4374
  • Longitude: -71.0493

    Address

  • Full Address: 45 Cherry St
  • Address - House Number: 45
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C034
  • 4-Digit Zip Code: 1727
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,100

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 693,464
  • High Value: 821,128
  • Low Value: 565,799

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,200
  • Assessed Land Value: $346,700
  • Assessed Improvements Value: $250,500

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183251
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

$414

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2467 ft²

Average Home Age

96.5 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 years ago
Data Source: MLS PIN, MLS# 72719149

Frequently Asked Questions

When was property at 45 Cherry Street built and last sold?
The property at 45 Cherry Street was built in 1920 and last sold on Sep 29, 2020 for $525,000.
How much is this home worth?
The estimated value of the home located at 45 Cherry Street is $0.
What are some comparable homes to 45 Cherry Street?
There are currently no comparable homes to 45 Cherry Street.
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