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2 Days on market
89 Devir St Malden — Photo 1 of 29

89 Devir St Malden — Photo 1 of 29

$1,250,000

Investment Analysis — 89 Devir St

Malden, MA 02148 — Edgeworth

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 1.82% cap rate and $22,779/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

3,503

Style

Single Family

Built

1950

Designed for gathering, this true 4-bedroom Colonial has been thoughtfully renovated and expanded, offering impressive space across four levels. A classic center entry and central staircase define the main level, with a living room on one side and a sitting room on the other, both open to the expansive kitchen. Newly installed hardwood floors flow seamlessly from the sitting room through the kitchen and into the dining area. The kitchen features granite countertops, an oversized center island and peninsula, custom cabinetry, stainless steel appliances, and generous walk-in storage. A tiled full bathroom and separate laundry room complete the main level while double doors from the dining area opens to the large rear deck and refreshed, fenced backyard, connecting indoor and outdoor entertaining. All 4 bedrooms are on the 2nd floor, including a spacious primary suite with a walk-in closet and spa-like bath with a jetted tub, plus a second full bath. The 3rd-floor loft is one of the home’s most memorable spaces: sunlit & open with charming window nooks, ready for a studio, media lounge, office, or private retreat. The partially finished lower level adds a newly completed enclosed home office, bonus space, abundant storage, and access to the backyard. Central air, updated heating, and refreshed landscaping complete the home. Set on a dead-end street near the Medford line, with nearby MBTA bus service to Wellington Station + convenient access to Malden Center’s Orange Line and Commuter Rail, Fellsmere Pond, the Northern Strand Trail, and major routes connecting to Boston, surrounding communities & Logan Airport.

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 3,503 sq ft principal dwelling). Lot size: 6,251 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

Original Price$1,250,000
Annual Taxes$13,792

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Engineered Hardwood, Flooring - Engineered Hardwood, Flooring - Vinyl, Concrete
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter, Block
ZoningResA

Property & Lot

Acres0.14
SqFt Lot6,251
Lot FeaturesLevel

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Basement
Office
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

11 x 21

Lighting - Overhead, Flooring - Engineered Hardwood

Dining Room
Lvl Main,First

22 x 10

Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Pendant, Flooring - Engineered Hardwood

Kitchen
Lvl Main,First

22 x 19

Bathroom - Full, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Storage, Gas Stove, Peninsula, Lighting - Pendant, Flooring - Engineered Hardwood

Office
Lvl Basement

14 x 19

Closet, Flooring - Vinyl, Lighting - Overhead

Primary Bedroom
Lvl Second

14 x 15

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood

Bedroom 2
Lvl Second

13 x 17

Bedroom 3
Lvl Second

11 x 13

Closet/Cabinets - Custom Built, Lighting - Overhead, Flooring - Engineered Hardwood

Bedroom 4
Lvl Second

12 x 18

Walk-In Closet(s), Closet/Cabinets - Custom Built, Lighting - Overhead, Flooring - Engineered Hardwood

Bathroom 1
Lvl Main,First

6 x 9

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead

Bathroom 2
Lvl Second

8 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead

Bathroom 3
Lvl Second

5 x 9

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Lighting - Sconce, Lighting - Overhead

Listing Provided By

Listing Agent: The David Green Group

Listing Office: Coldwell Banker Realty - Boston

MLS® Number: 73579425