Active
12 Days on market
56 Rutland St Malden — Photo 1 of 32

56 Rutland St Malden — Photo 1 of 32

$799,900

56 Rutland St, Malden, MA 02148

Malden, MA 02148 — Forestdale

Investor Analysis

Beds

3

Baths

2.5

SqFt

1,820

Style

Single Family

Built

1929

Welcome home to this beautifully maintained 3-bedroom Colonial offering classic character, thoughtful updates and exceptional indoor/outdoor living. A standout feature is the seller’s assumable mortgage, currently carrying a 2.25% interest rate, which may offer qualified buyers favorable financing terms compared with current market rates, subject to lender approval and applicable loan-assumption requirements. A welcoming covered front porch opens to an interior featuring gleaming hardwood floors, rich original woodwork and period details. The inviting living room is centered around a fireplace, while the spacious dining room features a built-in hutch and sliders opening directly to a newer deck. The updated kitchen offers granite countertops, stainless-steel appliances, abundant white cabinetry, tile flooring and a charming breakfast nook. Upstairs are three generously sized bedrooms with hardwood floors and a beautifully tiled full bath. Additional bonus space on the third floor provides flexibility for a home office, playroom or hobby space, while the finished lower level with half bath offers additional room for entertaining, recreation, fitness or everyday living. Outside, enjoy a private retreat with a fenced backyard, expansive decking, above-ground pool, patio, mature landscaping and an impressive stone grill/fireplace area. Owned solar panels installed in 2022, a Tesla Powerwall 2 battery storage system and EV charging station provide valuable energy-conscious upgrades. Off-street parking completes the package.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$440/sqft
Local Avg (Malden)$420/sqft
5% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$799,900
Annual Taxes$8,060

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Hardwood, Flooring - Hardwood
BasementFinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningResA

Property & Lot

Acres0.16
SqFt Lot6,774
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Bathroom 2
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1
First
Living RoomDining RoomKitchen
Basement
Family RoomBathroom 3
Living Room
Lvl First

22 x 11

Flooring - Hardwood

Dining Room
Lvl First

12 x 11

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Gas Stove

Family Room
Lvl Basement

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

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

Bathroom 2
Lvl Third

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 3
Lvl Basement

Bathroom - Half

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

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 1,820 sq ft principal dwelling). Lot size: 6,774 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.

Listing Provided By

Listing Agent: Frank Molis

Listing Office: Century 21 North East

MLS® Number: 73572769

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