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Malden 02148 Maplewood
89 Forest St.
$275,000
● House - Off Market

89 Forest St.

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,571 Ft²
$601,479
RealtyHop Estimate
122.85%
Since Aug 1, 2002
MA-Boston
Primary Model

About This Property

WALK TO OAK GROVE STATION! YOUNG 3 BEDROOM RANCH IN MINT COND. WITH FINISHED FAM.ROOM IN BASEMENT. CER.TILE BATH, FIREPLACED LIVING ROOM, PRESSURE TREATED DECK, UPDATED ELECTRIC,1 CAR GARAGE UNDRER.OH:SUNDAY(06/09/02)12:00-1:30
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$172
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1950

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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 #30615056)

Price History

Date / Event Date Event Price
Jul 30, 2002 Sold
Premium
Sold
Jun 8, 2002 Listed by Century 21 Giannelli Assoc.inc $269,900
Listed by Century 21 Giannelli Assoc.inc
Nov 5, 1999 Sold
Premium
Sold
Jul 8, 1999 Listed by Century 21 Giannelli Assoc.inc $189,900
Listed by Century 21 Giannelli Assoc.inc

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,308
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,735
  • Total Building Area: 1,308
  • Gross Building Area: 2,924
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • 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:070 B:828 L:827
  • Block: 828
  • Lot: 827
  • Municipality: MALDEN
  • Latitude: 42.4362
  • Longitude: -71.0641

    Address

  • Full Address: 89 Forest St
  • Address - House Number: 89
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C043
  • 4-Digit Zip Code: 2723
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,200

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 650,126
  • High Value: 769,813
  • Low Value: 530,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,100
  • Assessed Land Value: $334,100
  • Assessed Improvements Value: $211,000

    Sales

  • Current Sale Recording Date: Jul 30, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1220905
  • Previous Sale Recording Date: Nov 05, 1999
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: 48
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

57

Average Home Size

2396 ft²

Average Home Age

94.6 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# 30615056

Frequently Asked Questions

When was property at 89 Forest Street built and last sold?
The property at 89 Forest Street was built in 1950 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 89 Forest Street is $286,105.
What are some comparable homes to 89 Forest Street?
There are currently no comparable homes to 89 Forest Street.
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