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Malden 02148 Oak Grove
938 Main Street
$328,000
● House - Off Market

938 Main Street

Malden, MA 02148
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$761,112
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

MELROSE LINE OAK GROVE AREA, BUS AT DOOR. MOVE RIGHT INTO THIS GREAT COLONIAL. 8RMS, 4BRS, 1 1/2 BATHS, EXCELLENT CONDITION. 1ST FLOOR NEWER WINDOWS WITH WARRANTY, HARWOOD FLOORS AND NEWER COUNTRY KIT. ROOF 8 YEARS YOUNG.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$250
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1928

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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: 6 months ago (MLSPIN #30672267)

Price History

Date / Event Date Event Price
Feb 11, 2003 Sold
Premium
Sold
Dec 3, 2002 Listed by RE/MAX Real Estate Specialists $349,900
Listed by RE/MAX Real Estate Specialists
Nov 5, 1998 Sold
Premium
Sold
Sep 17, 1998 Listed by RE/MAX Real Estate Specialists $174,900
Listed by RE/MAX Real Estate Specialists

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 788
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,410
  • Total Building Area: 1,496
  • Gross Building Area: 3,364
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 341302

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:046 B:857 L:708
  • Block: 857
  • Lot: 708
  • Municipality: MALDEN
  • Latitude: 42.4368
  • Longitude: -71.0678

    Address

  • Full Address: 938 Main St
  • Address - House Number: 938
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C043
  • 4-Digit Zip Code: 1418
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 704,984
  • High Value: 819,611
  • Low Value: 590,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,900
  • Assessed Land Value: $304,300
  • Assessed Improvements Value: $365,600

    Sales

  • Current Sale Recording Date: Feb 11, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 979
  • Previous Sale Recording Date: Nov 05, 1998
  • Previous Sale Amount: $169,000
  • 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 Oak Grove

Stats & Trends

Median Asking:

$799,450

Sale Price/ft²

$484

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3075 ft²

Average Home Age

82.8 years

Currently For Sale

8 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: 6 months ago
Data Source: MLS PIN, MLS# 30672267

Frequently Asked Questions

When was property at 938 Main Street built and last sold?
The property at 938 Main Street was built in 1928 and last sold on Jan 1, 1970 for $328,000.
How much is this home worth?
The estimated value of the home located at 938 Main Street is $361,360.
What are some comparable homes to 938 Main Street?
There are currently no comparable homes to 938 Main Street.
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