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Malden 02148 Maplewood
8 Prosper St
$870,000
● House - Off Market

8 Prosper St

Malden, MA 02148
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,873 Ft²
$801,249
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to your urban oasis!  Enjoy the privacy offered by the dead end street, large lot and huge backyard deck - complete with hot tub.  Live this lifestyle and still have the convenience of a ten minute walk to Oak Grove Station.  This home was completely renovated in 2012 and has been continually enhanced since by the present owners.  You will find a new spa-like bathroom off of the main bedroom, sliders from the updated kitchen to a 21' x 26' deck, new half bath on the first floor, and the addition of a foyer complete with seating, storage and a heated floor!  Every room has been updated and improved.  In addition, a gas heating system and central air-conditioning have been installed, along with an on-demand hot water system.  This home is ready for you to move in and enjoy.  It has all been done!
Unit Size
1,873 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$416
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72987154)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Coldwell Banker Realty - Arlington $779,000
Listed by Coldwell Banker Realty - Arlington
May 22, 2012 Sold
Premium
Sold
Mar 15, 2012 Listed by Coldwell Banker Realty - Arlington $359,000
Listed by Coldwell Banker Realty - Arlington
Oct 28, 2011 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: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 675
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,266
  • Total Building Area: 1,604
  • Gross Building Area: 3,187
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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:090 B:770 L:009
  • Block: 770
  • Lot: 9
  • Municipality: MALDEN
  • Latitude: 42.4347
  • Longitude: -71.0611

    Address

  • Full Address: 8 Prosper St
  • Address - House Number: 8
  • Address - Street Name: Prosper
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C047
  • 4-Digit Zip Code: 2840
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $859,100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 845,827
  • High Value: 994,235
  • Low Value: 697,419

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,900
  • Assessed Land Value: $316,500
  • Assessed Improvements Value: $418,400

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103922
  • Previous Sale Recording Date: May 22, 2012
  • Previous Sale Amount: $358,000
  • Previous Sale Document Type: O
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:

$727,000

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2484 ft²

Average Home Age

96.7 years

Currently For Sale

33 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# 72987154

Frequently Asked Questions

When was property at 8 Prosper Street built and last sold?
The property at 8 Prosper Street was built in 1900 and last sold on Jul 7, 2022 for $870,000.
How much is this home worth?
The estimated value of the home located at 8 Prosper Street is $777,587.
What are some comparable homes to 8 Prosper Street?
There are currently no comparable homes to 8 Prosper Street.
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