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Malden 02148 Maplewood
69 Nichols Rd
$550,000
● House - Off Market

69 Nichols Rd

Malden, MA 02148
bedrooms
2 Beds
bathrooms
1 Bath
square feet
976 Ft²
$507,029
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

OPEN HOUSE May 12th, 2022  4pm - 7pm.   Immaculately maintained home in a beautiful, quiet Malden neighborhood.  All redone Hardwood floors throughout, interior of house repainted and a fire place in the living room. 100-amp service and circuit breakers as well.    Move in ready. Close to all of the amenities of the City of Malden, close to both Oak Grove and Malden Center train station but in a quiet street in Maplewood.  A garage for for your car, off street parking for the second car and ample on street parking.   The backyard has great potential. View of Boston skyline from the top of the backyard on a clear day.  This is a must see property.  Great starter home or if your downsizing its perfect.
Unit Size
976 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$511
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1956

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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: 6 months ago (MLSPIN #72972418)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Beauparlant Realty $499,000
Listed by Beauparlant Realty
Dec 21, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 920
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,229
  • Total Building Area: 976
  • Gross Building Area: 1,036
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 976
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000304
  • 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:140 B:792 L:281
  • Block: 792
  • Lot: 281
  • Municipality: MALDEN
  • Latitude: 42.4401
  • Longitude: -71.0456

    Address

  • Full Address: 69 Nichols Rd
  • Address - House Number: 69
  • Address - Street Name: Nichols
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Malden
  • Carrier Code: C016
  • 4-Digit Zip Code: 1821
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $593,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 575,213
  • High Value: 678,711
  • Low Value: 471,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,900
  • Assessed Land Value: $320,600
  • Assessed Improvements Value: $187,300

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87271
  • Previous Sale Recording Date: Dec 21, 1988
  • Previous Sale Amount: $167,500
  • 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:

$725,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2027 ft²

Average Home Age

97.1 years

Currently For Sale

38 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: 6 months ago
Data Source: MLS PIN, MLS# 72972418

Frequently Asked Questions

When was property at 69 Nichols Road built and last sold?
The property at 69 Nichols Road was built in 1956 and last sold on Jun 10, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 69 Nichols Road is $503,450.
What are some comparable homes to 69 Nichols Road?
There are currently no comparable homes to 69 Nichols Road.
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