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Expired

31 Starbird St., Malden MA 02148

$1,100,000

Estimated $2,502.93/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 69600/year

Estimated CAP Rate: 5.14%

6 Bedrooms

3 Full Baths

3,121 SqFt

Total Parking: 4

3,859 SqFt

Turnkey investment property ideally located near Malden Center. Great rental history with an owner who meticulously maintained the property. Located near public transportation, shops, restaurants, and supermarkets will ensure this property is appealing to renters for many years to come. Don't miss out on this opportunity to own this turnkey property. Can also be sold as a portfolio with MLS# 73023812 and MLS# 73023815 Showings by appointment only, this property will not last!

This home has been viewed 39 times

Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73023813)

Gross Income: $69,600

Gross Expenses: $13,040

Net Income Calc: $56,560

CAP Rate: 5.14%

Annual Expenses for 31 Starbird St., Malden MA 02148

Total Gross Expenses (Calculated)$13,040/year

APOD AvailableYes

Heating

Electricity

Water$2,260

Gas$2,260

Insurance$2,149

Sewer$2,260

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,631.42

Annual Income & Unit Breakdown for 31 Starbird St., Malden MA 02148

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$2,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$3,300

LeaseY

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 31 Starbird St., Malden MA 02148

Listing ID73023813

Property TypeMulti Family

Price$1,100,000 ($352.45/SqFt)

StyleMulti Family

CityMalden

CountyMiddlesex

MLS AreaOak Grove

Neighborhood(s)

Approximate Living Area Total3,121 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 31 Starbird St., Malden MA 02148

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$4,409

Total Gross Income By Broker$69,600

Total Net Income By Broker$65,191

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 31 Starbird St., Malden MA 02148

Real Estate Taxes$8,631.42

Tax Year2022

Assessed Value$698,900

Financial Data SourceOwner

Total Gross Expenses By Broker$4,409

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$69,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$65,191

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.14%

Location Information for 31 Starbird St., Malden MA 02148

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaOak Grove

Area Amenities

Contact Information for 31 Starbird St., Malden MA 02148

Agent

Name: Michael McKay

Office

Name: Concept Properties

Phone: 617-785-4886

Payment Calculator

, Interest

Property Taxes 719.29

Principal & Interest 6777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Concept Properties

Michael McKay

Agent Phone

Office Phone

(617) 785-4886

Text Agent Call Agent Call Office

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EXIT