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Malden 02148
5 Pamela Circle
$691,000
● House - Off Market

5 Pamela Circle

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,352 Ft²
$592,742
RealtyHop Estimate
-1.04%
Since Oct 1, 2023
MA-Boston
Primary Model

About This Property

Situated in Malden's desirable West End on a corner lot, this 3 bed, 1.5 bath split-level home has been lovingly cared for by the same family since it was built in 1985.  Main living area features an eat-in kitchen with endless cabinets, open-concept living/dining room with large bay window that leads to a 10x14 enclosed sun porch overlooking the back yard.  Primary en-suite bedroom with a full bath, 2 additional bedrooms, all with generous closet space and a half bath completes this floor-plan. The full, unfinished basement boasts excellent ceiling height offering expansion potential with direct access to the 2-car garage. Plenty of storage in both the basement and attic plus an additional 2 car parking in the driveway.  An excellent opportunity to make this home your own!
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$443
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
1985

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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 #73135009)

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold
Premium
Sold
Jul 18, 2023 In contract -
In contract
Jul 12, 2023 Listed by Lamacchia Realty, Inc. $599,000
Listed by Lamacchia Realty, Inc.
Jan 1, 1986 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,202
  • Total Building Area: 1,352
  • Gross Building Area: 2,792
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • 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: 341102

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:016 B:042 L:212
  • Block: 42
  • Lot: 212
  • Municipality: MALDEN
  • Latitude: 42.4348
  • Longitude: -71.0848

    Address

  • Full Address: 5 Pamela Cir
  • Address - House Number: 5
  • Address - Street Name: Pamela
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Malden
  • Carrier Code: C031
  • 4-Digit Zip Code: 1048
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $741,300

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 735,546
  • High Value: 867,061
  • Low Value: 604,030

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,100
  • Assessed Land Value: $346,700
  • Assessed Improvements Value: $287,400

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1943763
  • Previous Sale Recording Date: Jan 01, 1986
  • Previous Sale Amount: $235,000
  • 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 Malden

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2289 ft²

Average Home Age

100.3 years

Currently For Sale

76 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# 73135009

Frequently Asked Questions

When was property at 5 Pamela Circle built and last sold?
The property at 5 Pamela Circle was built in 1985 and last sold on Sep 7, 2023 for $691,000.
How much is this home worth?
The estimated value of the home located at 5 Pamela Circle is $610,586.
What are some comparable homes to 5 Pamela Circle?
There are currently no comparable homes to 5 Pamela Circle.
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