240 Ferry Street # 1, Malden MA 02148

Malden, MA 02148
$565,000
Est. $3,007/month
2
Beds
2
Baths
1,550
Sq Ft
$365
Price/Sq Ft
1880
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73404624

About this home

Welcome to 240 Ferry Street, Unit 1—a rare and spacious 2-bedroom, 2-bath condo offering over 1,500 square feet of beautifully maintained living space in a fully owner-occupied Victorian mansion with low condo fees. This elegant first-floor unit features high ceilings, oversized windows, a sun-filled living room, a large formal dining room, and a modern kitchen. The spacious primary suite includes a full en-suite bath, and a bonus finished room on the lower level is perfect for a home office, playroom, or gym. Enjoy the convenience of in-unit laundry, generous basement storage, and two side-by-side off-street parking spaces. Located just minutes from Malden Center, the Orange Line, restaurants, shops, and with easy access to Boston, this home blends historic charm with modern comfort in one of Malden’s most desirable neighborhoods.

Sale Statistics

Sale Overview
Original List Price: $489,000
Final Sale Price: $565,000
Difference: +$76,000 (+15.5%)
Performance Metrics
115.5%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $315
Sale $/sq ft: $365
This property sold for $365 per square foot
Sale Summary

This property sold for 15.5% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1880
Bedrooms
2
Full Bathrooms
2
Living Area
1,550 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Interior Features

Heating
Baseboard
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Park
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,248
Tax Year
2025
Tax Assessed Value
$449,000
Parcel Number
596795
Zoning
NB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
The building exterior will be painted for a quote of $25, 780 shared among the three unit owners

Location

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Neighborhood

240 Ferry Street # 1, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $437
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

13.5%
Price Range
20
Total Days on Market

Property Timeline

Sold
Aug 29, 2025
$565,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jul 15, 2025
$489,000
Original listing
Agent: Anita Chen Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Jul 15, 2025 New Listing Added $489,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$365

Tax History

Year Taxes Assessment
2025 $5,248 $449,000

Financial Details

Annual Property Tax
$5,248
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$449,000

Listing Information

Listing Agent Anita Chen
Listing Office Keller Williams Realty
Agent MLS ID CN225947
Office MLS ID BB6013

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