40-42 Swan Street, Malden MA 02148

Malden, MA 02148
$1,027,000
6
Beds
2
Baths
2,250
Sq Ft
$456
Price/Sq Ft
0.19
Acres
1920
Year Built
6
Parking
16
Days on Market
Closed Listed Jun 3, 2021 • MLS# 72842607 Copied! • Updated Jul 20, 2021

Sale Statistics

Sale Overview
Original List Price: $979,000
Final Sale Price: $1,027,000
Difference: +$48,000 (+4.9%)
Performance Metrics
104.9%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $435
Sale $/sq ft: $456
This property sold for $456 per square foot
Sale Summary

This property sold for 4.9% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

About this home

Welcome to 40-42 Swan St. This beautiful 2 family is completely renovated with new electric, plumbing, windows, kitchens and baths. Each units has 3 bedrooms and 1 full bath, with a 3rd floor bonus room in Unit 2. Hardwood floors throughout, with stainless steel appliances and gorgeous tile baths. A private backyard with brand-new professional landscaping and ample parking. This home is on a lovely, quiet street with easy access to major highways and public transportation. Stunning home for an owner-occupied buyer or an investor!

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Recently Sold Nearby

Property History

Market Insights

60%
Price Range
18
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73513920
Full transaction history available when tracking began
🏡
Currently Listed
May 6, 2026
$1,124,000
MLS #73513920 - Active
Sold
Jul 16, 2021
$1,027,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jun 3, 2021
$979,000
Original listing
Office: Coldwell Banker Realty - Wellesley
Previous Transaction - MLS #72533629
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 29, 2020
$450,000
MLS #72533629

Tax History

Year Taxes Assessment
2021 $7,756 $565,400

Financial Details

Annual Property Tax
$7,756
Tax Year 2021
Assessed Value
$565,400

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 1920
Living Area 2,250 sq ft
Lot Size 0.19 acres
Bedrooms 6
Full Baths 2
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent $2,800/mo · N
Unit 2 Rent $2,800/mo · N
Total Monthly Rent $5,600/mo
Gross Income $67,200
Net Operating Income $67,200
Cap Rate 6.86%
Heating Hot Water, Oil
Cooling None
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Full, Walk-out Access, Unfinished
Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Pantry, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Kitchen, Family Room
Construction Frame
Architecture None
Roof Shingle
Features Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Shared Driveway, Off Street
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,756
Assessed Value $565,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
House Color Grey
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Living Area
2,250 sq ft
Total Rooms
13
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Kitchen, Family Room
Windows:
Basement: Full, Walk-Out Access, Unfinished
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Heating Zones: 2
Cooling: None
Hot Water: Oil, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway, 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
B-
Linden School
0.5 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
0.6 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Forestdale School
0.9 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
D
Salemwood School
1.1 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B
Ferryway School
1.8 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Cheverus Elementary School
1.9 mi
Grades PK-08
B-
Beebe School
2.4 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
Malden Early Learning Center
1.6 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
Malden Catholic High School
1.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.8 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Learn about these ratings

Location

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Neighborhood

40-42 Swan Street, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Office Coldwell Banker Realty - Wellesley
Office Phone 781-237-9090
Agent MLS ID CN236865
Office MLS ID AN6230
Listing Data Updated Jul 20, 2021 9:03 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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