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Malden 02148
94 Cushing Road
$610,000
● House - Off Market

94 Cushing Road

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,534 Ft²
$624,049
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Great opportunity! Up the street from Fellsmere Park and minutes to the Middlesex Fells! This 7 Room, 3 Bedroom, 1.5 Bath Garrison Colonial is the perfect investment and home: move right in and renovate over time. Freshly painted inside and outside. Lovely hardwood floors. Spacious bedrooms with plenty of closet space. Lovely first floor plan with large living room, generous sized dining room with a newer wall air conditioner, and eat-in kitchen. And a bonus heated lower level family room.  Newer vinyl windows, updated boiler and roof are some of the updates. This home also has a one car garage and patio off the kitchen. An absolute must see!
Unit Size
1,534 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$410
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1958

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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: 4 months ago (MLSPIN #73162424)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 21, 2023 Listed by Senne $629,000
Listed by Senne

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 18
  • 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: 554
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,266
  • Total Building Area: 1,534
  • Gross Building Area: 2,304
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    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: 341102

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:017 B:001 L:103
  • Block: 1
  • Lot: 103
  • Municipality: MALDEN
  • Latitude: 42.4322
  • Longitude: -71.0873

    Address

  • Full Address: 94 Cushing Rd
  • Address - House Number: 94
  • Address - Street Name: Cushing
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Malden
  • Carrier Code: C042
  • 4-Digit Zip Code: 2359
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $610,900

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 623,015
  • High Value: 726,190
  • Low Value: 519,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,600
  • Assessed Land Value: $260,500
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119284
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:

$729,000

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2326 ft²

Average Home Age

98.2 years

Currently For Sale

70 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# 73162424

Frequently Asked Questions

When was property at 94 Cushing Road built and last sold?
The property at 94 Cushing Road was built in 1958 and last sold on Oct 20, 2023 for $610,000.
How much is this home worth?
The estimated value of the home located at 94 Cushing Road is $634,533.
What are some comparable homes to 94 Cushing Road?
There are currently no comparable homes to 94 Cushing Road.
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