
46 Clark St Malden — Photo 1 of 38
$699,900
Investment Analysis — 46 Clark St
Malden, MA 02148
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02148 carries an estimated $4,010/mo in gross rent — about a 4.38% cap rate and $30,629/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,732
Style
Single Family
Built
1900
Welcome home! This completely renovated Farmhouse Colonial offers 8 rooms, 3-4 bedrooms, 2 full baths, and three levels of beautifully finished living space in an exceptional Malden location. Turnkey from top to bottom, this total rehab blends classic New England character with today's finishes and conveniences. A welcoming farmer's porch sets the tone, while the gorgeous new kitchen and beautifully appointed bathrooms showcase the quality of the renovation throughout. Flexible living areas across three levels provide outstanding versatility for today's lifestyle. 2nd floor offers 3 spacious rooms and an office that could function as a walk in closet if you choose and family room that could easily be a primary suite. The 3rd level has 2 more bedrooms. The rear patio creates a private spot for outdoor dining, entertaining and relaxation. Located moments from vibrant Downtown Malden, enjoy outstanding access to restaurants, cafés, shopping, neighborhood markets, parks and the Malden Center MBTA station with Orange Line and bus service connecting to Boston, Assembly Row and beyond. The location also offers convenient access to Tufts University's Medford/Somerville campus, Bunker Hill Community College and the broader Boston/Cambridge university and employment corridor. With its 2 interior staircase layout, the property may also present potential for a future two-family conversion, subject to zoning, permitting, building requirements and all applicable municipal approvals. Buyers and buyer agents to perform their own due diligence. A rare combination of mint condition, commuter convenience and exceptional proximity to Downtown Malden—an outstanding value in one of Greater Boston's most connected communities. Opportunity knocks!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 866 sq ft (the lesser of 900 sq ft or half the 1,732 sq ft principal dwelling). Lot size: 3,494 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 12
Flooring - Hardwood
Dining Room
Lvl Main,First14 x 12
Flooring - Hardwood, Exterior Access, Open Floorplan
Kitchen
Lvl First12 x 12
Bathroom - Full, Flooring - Vinyl
Office
Lvl Second9 x 6
Flooring - Hardwood
Family Room
Lvl Second12 x 13
Bathroom - Full, Closet, Flooring - Hardwood
Master Bedroom
Lvl Second14 x 12
Walk-In Closet(s), Closet
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Third18 x 20
Flooring - Hardwood
Bedroom 4
Lvl Third12 x 10
Closet, Flooring - Hardwood
Property History
$699,900
Aug 17, 2026
MLS® 73564796
$445,000
Jan 10, 2025
MLS® 73290898
$509,900
Sep 17, 2024
MLS® 73290898
Listing Agent: Watson Homes Team
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73564796
