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Malden 02148 Maplewood
56 Willard St
$306,000
● House - Off Market

56 Willard St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,422 Ft²
$578,562
RealtyHop Estimate
81.37%
Since Apr 1, 2015
MA-Boston
Primary Model

About This Property

Low Price, Low Interest Rates, Low Inventory! Are you the Next Owner for this Cozy, 3 Bdrm Home? Entertain in the Formal DR, Gather Friends in the LR to watch Super Bowl Games, Handy 1st Fl. Laundry area, Workable Kitchen Space, Convenient Mudroom for Stuff, Extra Hang Out Space in Lower Level and Summer BBQs out back! Easy Location, close to bus lines, train stations, schools, shopping, restaurants, Rts., 60, 99, 1 & 93. Lots of Updates; 2014 Replaced Copper Pipes in basement and water valves. 2011 Hot Water Tank, 2010 back yard leveled and sprinkler system added, 2009 Exterior and Interior Steps Rebuilt, 2008 Replaced Furnace, converted to gas (Yay!), extended gas line to back yard for a gas grill (no propane tanks necessary!), Replaced old cast iron pipes with PVC including PVC Sewer Line. Come add your touch!
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$224
Property Type
House
Property Taxes
$346
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 #71782846)

Price History

Date / Event Date Event Price
Mar 31, 2015 Sold
Premium
Sold
Jan 11, 2015 Listed by Keller Williams Realty $319,000
Listed by Keller Williams Realty
Jun 24, 2008 Sold
Premium
Sold
May 6, 2008 Listed by Keller Williams Realty $251,900
Listed by Keller Williams Realty
Jul 27, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 16
  • Exterior Walls Type: 18
  • 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: 762
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,067
  • Total Building Area: 1,422
  • Gross Building Area: 2,487
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • 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: 341600

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:112 B:804 L:436
  • Block: 804
  • Lot: 436
  • Municipality: MALDEN
  • Latitude: 42.4391
  • Longitude: -71.05

    Address

  • Full Address: 56 Willard St
  • Address - House Number: 56
  • Address - Street Name: Willard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C034
  • 4-Digit Zip Code: 1735
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,300

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 620,278
  • High Value: 734,469
  • Low Value: 506,086

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,400
  • Assessed Land Value: $265,100
  • Assessed Improvements Value: $231,300

    Sales

  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45020
  • Previous Sale Recording Date: Jun 24, 2008
  • Previous Sale Amount: $248,000
  • 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

$411

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2000 ft²

Average Home Age

95 years

Currently For Sale

39 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# 71782846

Frequently Asked Questions

When was property at 56 Willard Street built and last sold?
The property at 56 Willard Street was built in 1900 and last sold on Jan 1, 1970 for $306,000.
How much is this home worth?
The estimated value of the home located at 56 Willard Street is $332,443.
What are some comparable homes to 56 Willard Street?
There are currently no comparable homes to 56 Willard Street.
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