65 First St Malden — Photo 1 of 40
$1,499,900
Investment Analysis — 65 First 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 1.47% cap rate and $22,055/yr in estimated NOI at the $1,499,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5
SqFt
3,500
Style
Single Family
Built
1950
Masterfully reimagined in 2021–2022 through a major addition and complete renovation, this exceptional custom residence offers the quality and feel of new construction with luxury finishes throughout. Designed for both everyday living and effortless entertaining, the home features four spacious en-suite bedrooms with custom walk-in closets, six bathrooms, and thoughtfully curated living spaces.The chef’s kitchen showcases an impressive quartz island, premium appliances, custom cabinetry, and a walk-in pantry with quartz countertops. A fully equipped secondary kitchen with a built-in BBQ grill, additional dishwasher, and extensive cabinetry enhances the home’s exceptional entertaining capabilities.Enjoy resort-style outdoor living with a heated pool, outdoor kitchen, dedicated pool bath, and professionally designed low-maintenance turf. A rare five-car heated and air-conditioned garage, smart home technology, and impeccable craftsmanship complete this one-of-a-kind property. Conveniently located with easy access to Boston, airport ,major highways, shopping, dining, and public transportation. Heating/Cooling system, Garages doors, Lights and doors can be monitored remotely by phone.
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: 900 sq ft (the lesser of 900 sq ft or half the 3,500 sq ft principal dwelling). Lot size: 10,084 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Indoor Grill • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Wine Cooler • Gas Cooktop
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBathroom - Half, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Flooring - Engineered Hardwood
Dining Room
Lvl FirstHigh Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Wine Chiller, Lighting - Overhead, Flooring - Engineered Hardwood
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Window(s) - Picture, Dining Area, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Flooring - Engineered Hardwood
Office
Lvl SecondCloset/Cabinets - Custom Built, Cabinets - Upgraded, Cable Hookup, Recessed Lighting, Remodeled, Flooring - Engineered Hardwood
Family Room
Lvl FirstHigh Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Flooring - Engineered Hardwood
Master Bedroom
Lvl Main,SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Window(s) - Bay/Bow/Box, Attic Access, Double Vanity, Dressing Room, High Speed Internet Hookup, Laundry Chute, Recessed Lighting, Remodeled, Lighting - Overhead, Closet - Double, Flooring - Engineered Hardwood
Bedroom 2
Lvl Main,SecondBedroom 3
Lvl Main,SecondBathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, High Speed Internet Hookup, Recessed Lighting, Remodeled, Flooring - Engineered Hardwood
Bedroom 4
Lvl FirstBathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, High Speed Internet Hookup, Recessed Lighting, Remodeled, Flooring - Engineered Hardwood
Listing Agent: Benilton C. Silva
Listing Office: Benny's Realty Group
MLS® Number: 73556624
