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38 Clapp St., Malden MA 02148

$5,950,000

Estimated $13,726/month Calculator

Multi Family

Total Units: 18

Price Per Unit: $330,555.56

Total Rent: 51600/year

Estimated CAP Rate:

30 Bedrooms

Baths

16512

Total Parking: 32

21,044 (0.48)

18-unit brick garden-style apartment building with twelve (12) 2-BR, five (5) 1-BR, and one (1) studio apartment. Many recent improvements to the apartments and the building. Off-street parking, well-located on a side street in the Linden neighborhood of Malden. Fully occupied with existing cash flow and upside potential. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

This home has been viewed 15 times

Last Checked: June 20th, 2026 at 8:05am (Source: MLS PIN #73538827)

Gross Income: $51,600

Gross Expenses: $48,933

Net Income Calc: $2,667

Annual Expenses for 38 Clapp St., Malden MA 02148

Total Gross Expenses (Calculated)$48,933/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax48933

Annual Income & Unit Breakdown for 38 Clapp St., Malden MA 02148

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 38 Clapp St., Malden MA 02148

Listing ID73538827

Property TypeMulti Family / 5+ Family

Price5950000 ($360.34/SqFt)

Style5-9 Family

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total16512

Approximate Lot Size (Acres)0.48

Total Parking32

Garage Parking0

Year Built1970

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRESA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Clapp St., Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 38 Clapp St., Malden MA 02148

Real Estate Taxes48933

Tax Year2025

Assessed Value$4,322,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 38 Clapp St., Malden MA 02148

Neighborhood(s)

Area Amenities

Contact Information for 38 Clapp St., Malden MA 02148

Agent

Name: Carl Christie

Office

Name: Carl Christie

Phone: 617-942-1137

Payment Calculator

, Interest

Property Taxes 4077.75

Principal & Interest 36662.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Carl Christie

Agent Phone

Office Phone

(617) 942-1137

Text Agent Call Agent Call Office

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EXIT

13 More Photos

Active

38 Clapp St., Malden MA 02148

$5,950,000

Annual Expenses for 38 Clapp St., Malden MA 02148

Annual Income & Unit Breakdown for 38 Clapp St., Malden MA 02148

General Information for 38 Clapp St., Malden MA 02148

Disclosures for 38 Clapp St., Malden MA 02148

Financial Information for 38 Clapp St., Malden MA 02148

Location Information for 38 Clapp St., Malden MA 02148

Contact Information for 38 Clapp St., Malden MA 02148

Agent

Office

Payment Calculator

Exclusive Listing Agent

Carl Christie

Carl Christie