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Malden 02148 Maplewood
70 Tea Party Way
$760,000
● House - Off Market

70 Tea Party Way

Malden, MA 02148
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,105 Ft²
$1,070,068
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Boston skyline views on a cul de sac tucked in West Malden. This spacious 5 bedroom, 4 bath home has an open concept on first floor with an expansive living room and dining room that extends into the kitchen and family room with gas fireplace out to the deck with views of the Boston skyline. The media room or 5th bedroom has leather comfy chairs for private viewings of your favorite movie or TV series.  There's finished space in the walk out lower level with separate entrance for additional living room and bedroom, which needs flooring and fresh paint.  Upstairs has 4 large bedrooms with the master suite tucked in the rear of the house with gorgeous Boston skyline views. With close proximity to a T stop, Rt 1 shopping and dining and Boston, this home won't last long.  First showings at open house.
Unit Size
3,105 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$242
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
2004

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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 #72482913)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
May 1, 2019 Listed by Bentley's $749,900
Listed by Bentley's
Jul 26, 2010 Sold
Premium
Sold
Jun 4, 2010 Listed by Bentley's $479,000
Listed by Bentley's
Jan 21, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,020
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,042
  • Total Building Area: 3,105
  • Gross Building Area: 3,828
  • Building Area: 3,105
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,105
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MALDEN
  • Land Acres: 0000000139
  • 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: 341903

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:150 B:629 L:909
  • Block: 629
  • Lot: 909
  • Municipality: MALDEN
  • Latitude: 42.4392
  • Longitude: -71.0363

    Address

  • Full Address: 70 Tea Party Way
  • Address - House Number: 70
  • Address - Street Name: Tea Party
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Malden
  • Carrier Code: C069
  • 4-Digit Zip Code: 1980
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,025,600

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,042,907
  • High Value: 1,224,319
  • Low Value: 861,495

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $877,300
  • Assessed Land Value: $312,300
  • Assessed Improvements Value: $565,000

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86322
  • Previous Sale Recording Date: Jul 26, 2010
  • Previous Sale Amount: $390,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72482913

Frequently Asked Questions

When was property at 70 Tea Party Way built and last sold?
The property at 70 Tea Party Way was built in 2004 and last sold on Jun 17, 2019 for $760,000.
How much is this home worth?
The estimated value of the home located at 70 Tea Party Way is $743,817.
What are some comparable homes to 70 Tea Party Way?
There are currently no comparable homes to 70 Tea Party Way.
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