Active
94 Days on market
103 Newman Rd #17 Malden — Photo 1 of 10

103 Newman Rd #17 Malden — Photo 1 of 10

Recent Drop: $21,000

$400,000
$379,000

$379,000

Investment Analysis — 103 Newman Rd #17

Malden, MA 02148

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02148 carries an estimated $3,030/mo in gross rent — about a 4.80% cap rate and $18,178/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

738

Style

Condominium

Built

1979

Welcome to Newman Towers! This corner two-bedroom condo offers a spacious living room with sliders leading to a private balcony, a separate dining area, a kitchenette, and a newly renovated bathroom. The primary bedroom features a large walk-in closet. Deeded parking for one car, private storage, and common laundry are included. Enjoy direct access to the Northern Strand Community Trail, located behind the property. Close to Malden Center, the MBTA Orange Line, shopping, restaurants, and major routes for convenient access to downtown Boston.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$400,000
Annual Taxes$3,605
HOA Fee$487.54

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl
BasementN

Climate & Utilities

HeatingElectric Baseboard
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningResB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Bike Path • Highway Access

Geography

Property History

Price Drop
$379,000

Was $389,000

Jul 13, 2026

MLS® 73533198

Price Drop
$389,000

Was $400,000

Jun 25, 2026

MLS® 73533198

Listed
$400,000

Jun 10, 2026

MLS® 73533198

Listing Provided By

Listing Agent: Emma Fula

Listing Office: Charlesgate Realty Group, llc

MLS® Number: 73533198