Active
2 Days on market
131 Pierce St #304 Malden — Photo 1 of 14

131 Pierce St #304 Malden — Photo 1 of 14

$435,000

Investment Analysis — 131 Pierce St #304

Malden, MA 02148 — Forestdale

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 3.67% cap rate and $15,961/yr in estimated NOI at the $435,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

971

Style

Condominium

Built

1966

Move right into this renovated 2-bedroom, 1-bathroom condo in a rare Elevator building with Parking and a Swimming Pool. This efficiently laid-out inviting home offers comfort and modern conveniences of thoughtfully renovated kitchen, gleaming hardwood floors throughout, good size bedrooms, and a tastefully updated bathroom. Relax in your large cozy living room, or host friends and family for dinner because there is plenty of space for a large dining room table.Step out onto your private balcony to enjoy fresh air and a peaceful retreat, perfect for morning coffee or unwinding in the evening. During warmer months, relax by the pool and enjoy the perks of community living. Located less than a mile to Oak Grove T station, and close enough to multiple local parks. Welcome home!

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 MLS and other third-party data may be inaccurate or out of date.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$435,000
Annual Taxes$4,269
HOA Fee$617

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningResA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Park • T-Station

Geography

Listing Provided By

Listing Agent: Deanna Palmin

Listing Office: Compass

MLS® Number: 73574914