60 Madison St, Malden MA 02148

Malden, MA 02148
$770,000
5
Beds
4
Baths
2,247
Sq Ft
$343
Price/Sq Ft
0.07
Acres
1900
Year Built
2
Parking
73
Days on Market
Sold Listed May 28, 2018 • MLS# 72334347 Copied! • Updated Aug 31, 2018

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Sale Statistics

Sale Overview
Original List Price: $769,000
Final Sale Price: $770,000
Difference: +$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
73
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $343
This property sold for $343 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

The property spent 73 days on market before selling.

About this home

This well maintained three family property is located right at the heart of the Malden Center. Close to public transportation, shops, stores, restaurant and Train station. The property is well maintained. Brand new Energy efficient heating. Good size rooms and kitchens. Huge back Patio is ideal for Entertainment and for outdoor activities. Finished basement for extra space for Home office, play area, or entertainment space with heat and separate bathroom. Laundry hookup in all units. Property will be delivered Vacant. Buyer to do their own due diligence. BUYER COULD NOT GET FINANCING. THIS IS THE OPPORTUNITY TO GRAB THIS WELL MAINTAINED 3 FAMILY IN MALDEN CENTER.

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Recently Sold Nearby

Property History

Market Insights

21.1%
Price Range
34
Total Days on Market

Property Timeline

Current Active Listing - MLS #73572732
Full transaction history available when tracking began
🏡
Currently Listed
Sep 8, 2026
$975,000
MLS #73572732 - Active
Sold
Aug 29, 2018
$770,000
Property sold
Days on Market: 34
🏠
Listed for Sale
May 28, 2018
$769,000
Original listing
Agent: Rajit Shrestha Office: Proper Realty Group

Tax History

Year Taxes Assessment
2018 $6,722 $477,100

Financial Details

Annual Property Tax
$6,722
Tax Year 2018
Assessed Value
$477,100

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,247 sq ft
Lot Size 0.07 acres
Bedrooms 5
Full Baths 4
Total Rooms 11

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent $1,600/mo · N
Unit 3 Rent $1,350/mo
Total Monthly Rent $2,950/mo
Gross Income $35,400
Net Operating Income $35,400
Cap Rate 4.60%
Heating Baseboard
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Partially Finished
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Off Street
Total Spaces 2
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,722
Assessed Value $477,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color white
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
3 Family
Listing Type
Sold
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Living Area
2,247 sq ft
Total Rooms
11
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 3
Cooling:
Hot Water: Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
School District
Malden School District local
B
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

8 schools
Cheverus Elementary School
0.3 mi
Grades PK-08
B
Ferryway School
0.5 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
B-
Beebe School
0.6 mi | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
C-
Salemwood School
1.1 mi | #286 of 352 | Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students Very Diverse
Diverse Student Body
Grades K-08
B
Forestdale School
1.5 mi | #178 of 352 | Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.5 mi | #51 of 346 | Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
2.0 mi | #195 of 352 | Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.7 mi
212 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.4 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.2 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Location

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Neighborhood

60 Madison St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Rajit Shrestha
Agent MLS ID CN204101
Office MLS ID BB3289
Listing Data Updated Aug 31, 2018 9:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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