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Malden 02148 Ferryway
8 Hillside Ter
$530,000
● House - Off Market

8 Hillside Ter

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,064 Ft²
$663,742
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

This beauty is truly move in - put your furniture down and enjoy the rear  patio as you watch the fish in the coy pond. This gem has nothing old about it.  Freshly painted exterior, brick wall, front stairs, side porch and driveway all newly completed.   NEW ROOF has   30 year Architectural Shingle;  Central Air is one year old. Updated kitchen, gleaming hardwood floors, 3 or 4  bedrooms or 3 bedrooms office/den/or dining room and one and one half baths. Newly paved 2/3 car driveway all on a well kept dead end street.  All owners on this street show pride of ownership!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$470
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1965

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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 #72688637)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $499,999
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Aug 18, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 504
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,657
  • Total Building Area: 1,184
  • Gross Building Area: 1,724
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000061
  • 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: 341400

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:076 B:377 L:727
  • Block: 377
  • Lot: 727
  • Municipality: MALDEN
  • Latitude: 42.4232
  • Longitude: -71.0647

    Address

  • Full Address: 8 Hillside Ter
  • Address - House Number: 8
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Malden
  • Carrier Code: C038
  • 4-Digit Zip Code: 6951
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 629,359
  • High Value: 742,654
  • Low Value: 516,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,900
  • Assessed Land Value: $252,600
  • Assessed Improvements Value: $269,300

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Aug 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150379
  • Previous Sale Recording Date: Aug 18, 2006
  • Previous Sale Amount: $200,000
  • 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 Ferryway

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$394

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1937 ft²

Average Home Age

122.7 years

Currently For Sale

3 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# 72688637

Frequently Asked Questions

When was property at 8 Hillside Terrace built and last sold?
The property at 8 Hillside Terrace was built in 1965 and last sold on Aug 27, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 8 Hillside Terrace is $507,530.
What are some comparable homes to 8 Hillside Terrace?
There are currently no comparable homes to 8 Hillside Terrace.
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