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Malden 02148
90 Bower St
$520,000
● House - Off Market

90 Bower St

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,372 Ft²
$531,263
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Back on market due to buyer unable to secure financing. Location, Location. Family owned home for decades available for the next buyer to enjoy .Hardwood floors throughout, living room has large bay window and fireplace, dining room has built in china cabinet and sliders to exterior patio area, kitchen has ample cabinet space with room for a table. A convenient first floor half bath completes the first level. Second floor consists of large master bedroom with two closets, two additional bedrooms and a full bath. Brand new electric panel and exterior service meter,  Weil McLain Gold boiler, newer vinyl replacement windows, 1 car garage under with interior access, lots of potential with terraced back yard.
Unit Size
1,372 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$364
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #72980704)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Price Decreased $500,000
↓ $85K (14.5%)
Price Decreased
Sep 27, 2022 Relisted $500,000
Relisted
Sep 27, 2022 Price Increased $585,000
↑ $85K (17%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,372
  • Gross Building Area: 2,100
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000093
  • 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: 341102

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:017 B:010 L:007
  • Block: 10
  • Lot: 7
  • Municipality: MALDEN
  • Latitude: 42.4331
  • Longitude: -71.0864

    Address

  • Full Address: 90 Bower St
  • Address - House Number: 90
  • Address - Street Name: Bower
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C042
  • 4-Digit Zip Code: 2303
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 693,540
  • High Value: 806,307
  • Low Value: 580,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,200
  • Assessed Land Value: $253,400
  • Assessed Improvements Value: $301,800

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 157274
  • Previous Sale Recording Date: Apr 02, 2014
  • 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 Malden

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2397 ft²

Average Home Age

95.2 years

Currently For Sale

73 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# 72980704

Frequently Asked Questions

When was property at 90 Bower Street built and last sold?
The property at 90 Bower Street was built in 1957 and last sold on Oct 21, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 90 Bower Street is $511,824.
What are some comparable homes to 90 Bower Street?
There are currently no comparable homes to 90 Bower Street.
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