35 Floral Avenue Malden — Photo 1 of 24
$739,000
Investment Analysis — 35 Floral Avenue
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 3.55% cap rate and $26,260/yr in estimated NOI at the $739,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,621
Style
Single Family
Built
1930
Warm and inviting single-family home in a quiet Forestdale neighborhood! You’ll fall in love with the sun-drenched living room and the seamless flow into a spacious dining area and kitchen, complete with great counter space, ample storage and a pantry with conveniently placed laundry. The flexible first-floor layout offers a fantastic office/den/guest suite with direct backyard access and its own private, recently renovated bathroom. The brand-new hardwood floors throughout the first floor accentuate this excellent floor plan, great for entertaining and everyday living! The 2nd floor offers 3 nicely sized bedrooms and a 2nd over-sized full bath with soaking tub and ample storage! Other updates include newer roof (2018) and 200 amp electrical service. The location is unbeatable: you’re mere steps from the greenery of Pine Banks Park and perfectly positioned for easy commutes via The Orange Line or Haverhill Line Commuter Rail at Oak Grove (1 mile) and quick access to Malden’s best restaurants. Experience the charm, the convenience, and the potential—this is the opportunity you've been waiting for! Move in, relax, and customize this gem to perfection!
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: 811 sq ft (the lesser of 900 sq ft or half the 1,621 sq ft principal dwelling). Lot size: 3,019 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.
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Gas Water Heater • Range • Dishwasher • Refrigerator
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Listing Agent: Santana Team
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73577820
