
220 Mountain Ave Malden — Photo 1 of 39
$899,900
Investment Analysis — 220 Mountain Ave
Malden, MA 02148
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02148 carries an estimated $3,630/mo in gross rent — about a 2.63% cap rate and $23,686/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
3,678
Style
Single Family
Built
1950
BELOVED FAMILY HOME WITH UNBEATABLE CONVENIENCE! You’d be hard pressed to find a home that boasts rooms as big as this that retain New England charm and offer incredible functionality. The seller spent all summer freshening it up for the new owners with NEW interior paint and light fixtures. The main floor offers massive living space featuring a huge family room with a cozy fireplace, a formal living room with wall-to-wall windows that invite natural light, an UPDATED powder room and a dining room fit for all the family holidays! Not to be overlooked is an eat-in kitchen with newer appliances that is ready for someone’s personal touch to make it their own. Upstairs, three giant bedrooms and a full bath are joined by a flexible 2nd-floor den space that offers endless options for a home office, reading room or huge walk-in closet! A walk out porch provides a nice view of the backyard, to be enjoyed without having to go downstairs. The finished lower level has a wet bar and offers valuable bonus space ideal for a media room, playroom, gym or extra storage. LOCATION IS EVERYTHING! Nestled in a Zone 1A MBTA hub - a simple Link Pass gets you seamless commuter rail access at Malden Center & Oak Grove. Enjoy convenience: Malden Square, hospital, schools, everything is at your fingertips not to mention it’s a quick car ride to enjoy Boston’s amenities. Move right in, bring your design ideas, and make it yours!
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 3,678 sq ft principal dwelling). Lot size: 12,502 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 23
Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Recessed Lighting
Dining Room
Lvl First13 x 18
Flooring - Hardwood, Chair Rail, Crown Molding
Kitchen
Lvl First17 x 13
Flooring - Vinyl, Dining Area, Crown Molding
Family Room
Lvl First15 x 24
Flooring - Hardwood, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl Second15 x 18
Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second13 x 15
Bedroom 3
Lvl Second13 x 13
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 6
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second11 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Erika Steele
Listing Office: REMAX Executive Realty
MLS® Number: 73580028

