Technical
Financial
Distress signals
Property profile

398-398A Pleasant St Malden, MA 02148

OFF-MARKET
Office buildings
Property ID
US38-1568630
3,648 SF 0.18 ac lot Built 1920
Individually Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction FRAME
Total area 3,648 SF
Lot 0.18 ac (7,876 SF)
Zoning code RO
APN MALD M:030 B:134 L:412
UPID US38-1568630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

398-398A Pleasant St Malden, MA 02148
Malden metro Census 341200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2018
Price N/A
2018
$898,000
2016
$770,000
2007
Price N/A
2007
$548,500
2006
$1

Zoning & alternative use

RO · Malden, MA
Zoning description

Residential Office (RO) Districts Neighborhood Business (BN) Districts Central Business (BC) Districts Highway Business (BH) Districts Industrial (I) Districts Reclamation and Redevelopment Districts Rowe's Quarry Reclam…

General category MIXED_USE
Top alternative use upside
Auto repair, garage $1.0M +28.6%
Neighborhood: shopping center $1.0M +26.6%
Retail stores $985,000 +23.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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