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Malden 02148
97 Cushing Road
$715,000
● House - Off Market

97 Cushing Road

Malden, MA 02148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,808 Ft²
$720,533
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model

About This Property

Lovely West End "Suburban Oasis" in the City with period detail and modern updates!  OPEN 11:30-1 (sat) and 2-3:30 (sun). Gorgeous, fully applianced, Cherry and Granite Chef's kitchen open to dining room with sliders to the deck!  French doors, natural colonial moldings, large living room, 2 home offices, 2 full baths & ample closets through out. 3 bedrooms and full bath are on the second level.    FULLY FINISHED lower level with exterior access and full bath is great for the extended family!  The home overlooks a wooded serene lot, has a large, carefree, fully fenced, paver backyard and a large driveway easily fitting 6 cars. Fellsmere Pond a block away and only a 12 minute walk to Malden Train Station. 3D virtual tour attached and on listing broker website. WELCOME HOME!!
Unit Size
1,808 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$348
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #72848024)

Price History

Date / Event Date Event Price
Jul 22, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by eXp Realty $628,888
Listed by eXp Realty
Nov 15, 1993 Sold
Premium
Sold
Jan 15, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 4,108
  • Total Building Area: 1,248
  • Gross Building Area: 2,136
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • 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:002
  • Block: 10
  • Lot: 2
  • Municipality: MALDEN
  • Latitude: 42.4325
  • Longitude: -71.0872

    Address

  • Full Address: 97 Cushing Rd
  • Address - House Number: 97
  • Address - Street Name: Cushing
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Malden
  • Carrier Code: C042
  • 4-Digit Zip Code: 2361
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $704,200

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 730,615
  • High Value: 857,704
  • Low Value: 603,525

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,400
  • Assessed Land Value: $254,000
  • Assessed Improvements Value: $348,400

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 165244
  • Previous Sale Recording Date: Nov 15, 1993
  • Previous Sale Amount: $133,000
  • 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 Malden

Stats & Trends

Median Asking:

$729,000

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2307 ft²

Average Home Age

98.5 years

Currently For Sale

69 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 years ago
Data Source: MLS PIN, MLS# 72848024

Frequently Asked Questions

When was property at 97 Cushing Road built and last sold?
The property at 97 Cushing Road was built in 1930 and last sold on Jul 21, 2021 for $715,000.
How much is this home worth?
The estimated value of the home located at 97 Cushing Road is $647,913.
What are some comparable homes to 97 Cushing Road?
There are currently no comparable homes to 97 Cushing Road.
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