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$393,000
● Multifamily - Off Market

48 A&B Maple St

bedrooms
8 Beds
bathrooms
2 Baths
square feet
2,330 Ft²
$815,728
RealtyHop Estimate
103.93%
Since Jul 1, 2004
National-US
Primary Model

About This Property

West side of Malden, close proximity to the T.  Parking for 3 cars.   Top unit has 5 to 6 bedrooms, 4 of them on 3rd fl.  Separate utilities. Vinyl sided,  new tilt-in windows.  No leases.  1st fl. rent of $1200. reflects potential rent. 1 year century 21 Home warranty included.
Unit Size
2,330 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$172
Property Type
Multifamily
Property Taxes
$223
HOA Dues
-
Year Built
-

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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 #70009053)

Price History

Date / Event Date Event Price
Jun 21, 2004 Sold
Premium
Sold
Mar 19, 2004 Listed by Century 21 North Shore $400,000
Listed by Century 21 North Shore

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Flooring Type: Vinyl
Laundry Features: Washer Hookup
Rooms: 12
Basement: Full, Bulkhead
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Easements
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: res
Parcel Number: 592491
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 22
Tax Assessed Value: $190,100
Tax Annual Amount: $2,673
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
Heating Type: Unit 1(Forced Air, Oil), Unit 2(Forced Air, Oil)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70009053
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