70 Crescent Lane Malden — Photo 1 of 34
Recent Drop: $15,000
$769,900
Investment Analysis — 70 Crescent Lane
Malden, MA 02148 — Forestdale
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 3.81% cap rate and $29,309/yr in estimated NOI at the $769,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,321
Style
Single Family
Built
1985
Attractive 1985 Garrison Colonial on newly paved dead-end street on Melrose line offers many updates and spacious 3 floor living. The heart of the home, the kitchen, has been thoughtfully updated with new cabinets, beautiful marble countertops & pretty backsplash. The gorgeous kitchen flows nicely into the formal dining room & spacious living room with wood-burning fireplace. A 1/2 bathroom & mudroom area with w/d hookup complete the first floor. The 2nd floor offers 3 well-sized bedrooms & an updated full bath featuring a new double vanity & newly tiled shower& tub. A lovely, finished basement with family room, laundry/dining area, bedroom, & 3/4 bath is an added bonus to this beauty! A private yard awaits, offering a secluded outdoor sanctuary w/patio, perfect for relaxation and outdoor enjoyment. Newer roof, TWO driveways, hot water heater, leased solar panels, renovated kitchen, & updated bath! Close to Forestdale school, shopping & dining in Downtown Melrose, bus line, & Route 1!
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 2,321 sq ft principal dwelling). Lot size: 9,418 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
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.583333333 x 12.083333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl First9.166666666 x 12.416666666
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Kitchen
Lvl First17.833333333 x 12.416666666
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Family Room
Lvl Basement21.25 x 11.25
Flooring - Stone/Ceramic Tile
Master Bedroom
Lvl Second16.416666666 x 12.5
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12.833333333 x 14.083333333
Bedroom 3
Lvl Second11.25 x 10.583333333
Closet, Flooring - Hardwood
Bathroom 1
Lvl First4.083333333 x 8.916666666
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 8.083333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Basement5.333333333 x 16.083333333
Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Property History
$769,900
Was $784,900
Jul 27, 2026
MLS® 73541744
$784,900
Jun 25, 2026
MLS® 73541744
Listing Agent: Kristin Gennetti
Listing Office: Century 21 North East
MLS® Number: 73541744
