Multifamily Property with Off-Street
25 Sheafe St, Malden, MA 02148
For Sale
$849,900
ResA zoning and paved off-street parking are documented at this Malden address.
Property Size2,676 SF
Price / SF$317.60
Days on Market54
Property Features for 25 Sheafe St
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
LAER Realty Partners
(978) 251-8221
Listed By:
Debi Malone
(781) 929-2127
Source:
Iverty
Added: Sep 17
Changed: Nov 8
Last Checked: Nov 7 at 6:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAER Realty Partners
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Investment Insights
Based on property information with market context.
This multifamily property at 25 Sheafe St in Malden contains 2,676 square feet and was built in 1900. Its recorded interior feature is a full feature, while the exterior includes paved, off-street parking.
The property is in Middlesex County, and directions identify Eastern Ave and Sheafe as the route to the site. Zoning is designated ResA.
The property is in Middlesex County, and directions identify Eastern Ave and Sheafe as the route to the site. Zoning is designated ResA.
Key Highlights
- 2,676 square feet
- Built in 1900
- ResA zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,243
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,064,860
$1.1M
Cap Rate 7%
$760,614
$760.6K
Cap Rate 9%
$591,589
$591.6K
Market Conditions
NOI Build-Up for 2,676 SF
Gross rent
$102.1K $38.16/SF
− Vacancy
−$5.3K −$1.98/SF
EGI
$96.8K $36.18/SF
− OpEx
−$43.6K −$16.28/SF
NOI
$53.2K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,064,860
Cap Rate 7%
$760,614
Cap Rate 9%
$591,589
Alternative Uses
Best Use
Apartment 5plus
$760.6K
$665.5K – $887.4K
NOI $53,243 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,893 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
922
Businesses Nearby
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Business Placement
Demographics for 02148, MA
66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Malden, MA
Properties on Market for Multifamily properties in Malden
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - ResA zoning and paved off-street parking are documented at this Malden address.
Where is this multifamily property located?
The property is located at 25 Sheafe St Malden, MA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 2,676 square feet; Built in 1900; ResA zoning
