85-87 Wolcott St Malden, MA 02148
MULTI_FAMILY - Malden, MA
Property Features for 85-87 Wolcott St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Unkown
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 5
- Parking
- 6
- Standard status
- Active
- APN
- 597604
- Size
- 2,818 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9578
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
Listing agent Keller Williams (617) 969-9000
Listing office Keller Williams Realty 1340 Centre Street, Suite 202, Newton, MA (617) 969-9000
Listing date Apr 28, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family property in Malden, MA with a two‑car garage
- Unit 85: 3 bedrooms with hardwood floors throughout
- Unit 87: 2 bedrooms with hardwood floors throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.6k | $31.80 |
| − Vacancy | −$4.4k | −$1.57 |
| EGI | $85.2k | $30.23 |
| − OpEx | −$25.6k | −$9.07 |
| NOI | $59.6k | $21.16 |
