Overview Property Details Payment Calculator Walkability

Expired

458-460 Ferry St, Malden MA 02148

$999,000

Estimated $2,197.13/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $199,800

Total Rent: 52800/year

Estimated CAP Rate: 3.46%

4 Bedrooms

4 Full, 1 Half Baths

2,588 SqFt

Total Parking: 0

3,040 SqFt

Here is your opportunity to purchase an income producing 5 unit mixed use building with 4 residential units and 1 commercial unit (currently a hair salon). Rents have room to be increased with all tenants currently TAW with 30 day notice. Heat is included for the 4 residenti...

This home has been viewed 23 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73062099)

Gross Income: $52,800

Gross Expenses: $18,226

Net Income Calc: $34,574

CAP Rate: 3.46%

Annual Expenses for 458-460 Ferry St, Malden MA 02148

Total Gross Expenses (Calculated)$18,226/year

APOD AvailableYes

Heating

Electricity$392

Water$4,297

Gas$4,297

Insurance$2,800

Sewer$4,297

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,927.11

Annual Income & Unit Breakdown for 458-460 Ferry St, Malden MA 02148

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$1,300

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,550

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,550

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 458-460 Ferry St, Malden MA 02148

Listing ID73062099

Property TypeMulti Family

Price$999,000 ($386.01/SqFt)

Style5+ Family - 5+ Units Up/down

CityMalden

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,588 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking0

Garage Parking

Year Built1938

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningNB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 458-460 Ferry St, Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$11,299

Total Gross Income By Broker$85,200

Total Net Income By Broker$73,901

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 458-460 Ferry St, Malden MA 02148

Real Estate Taxes$6,927.11

Tax Year2022

Assessed Value$560,900

Financial Data Source

Total Gross Expenses By Broker$11,299

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$85,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$73,901

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.46%

Location Information for 458-460 Ferry St, Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation

Contact Information for 458-460 Ferry St, Malden MA 02148

Agent

Name: Koury Signoriello Realtor Group

MLS ID: TM329957

Office ID: BB0285

Office

Name: New World Realty

MLS Office ID: BB0285

Phone: 508-699-0608

Team Members

Name: Koury Signoriello

MLS ID: BB923204

Office ID: BB0285

National Association ID: 449536203

Phone: 774-991-2579

City: North Attleboro

State: MA

Payment Calculator

$6,732.78 per month

30 Years Fixed, 6.75% Interest

Property Taxes $577.26

Principal & Interest $6,155.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

New World Realty

Koury Signoriello Realtor Group

Agent Phone

Office Phone

(508) 699-0608

Text Agent Call Agent Call Office

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EXIT

Expired

458-460 Ferry St, Malden MA 02148

$999,000

Annual Expenses for 458-460 Ferry St, Malden MA 02148

Annual Income & Unit Breakdown for 458-460 Ferry St, Malden MA 02148

General Information for 458-460 Ferry St, Malden MA 02148

Disclosures for 458-460 Ferry St, Malden MA 02148

Financial Information for 458-460 Ferry St, Malden MA 02148

Location Information for 458-460 Ferry St, Malden MA 02148

Contact Information for 458-460 Ferry St, Malden MA 02148

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New World Realty

Koury Signoriello Realtor Group