
45 Fairview Terrace Malden — Photo 1 of 19
$750,000
Investment Analysis — 45 Fairview Terrace
Malden, MA 02148
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02148 carries an estimated $4,010/mo in gross rent — about a 3.69% cap rate and $27,671/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
1.5
SqFt
2,259
Style
Single Family
Built
1900
Welcome to this distinctive single-family residence offering 5 bedrooms across three thoughtfully arranged levels of living space. The first floor welcomes you with a tiled foyer leading into a comfortable and inviting layout. The spacious living room and formal dining room open directly to a composite deck, creating an easy connection between indoor and outdoor living. An open floor plan provides convenient access to the renovated kitchen, half bathroom, and outdoor spaces, making everyday living and entertaining effortless.A charming Jack-and-Jill staircase leads to the second level, where you’ll find three generously sized bedrooms, a versatile bonus room, and a renovated full bathroom. The third floor offers two additional well-proportioned bedrooms along with a separate attic space that is already plumbed and ready for a future bathroom addition, offering valuable potential for customization and expansion.Step outside from the first-floor deck into the fully fenced backyard, featuring a pergola adorned with grapevines and a private setting ready for gardening, entertaining, or simply enjoying the outdoors.Recent updates add to the home’s appeal and functionality, including energy-efficient windows and doors replaced in 2023, vinyl siding installed in 2011, a kitchen renovation completed in 2010, and stainless steel appliances that are only a few years old. The water heater was replaced in 2015.With its flexible three-level layout, five bedrooms, outdoor space, and opportunities for future improvement, this home offers a wonderful combination of comfort, versatility, and potential for its next owner.
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 2,259 sq ft principal dwelling). Lot size: 3,360 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Medical Facility • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13.333333333 x 14.583333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Deck - Exterior, Open Floorplan
Dining Room
Lvl First15.166666666 x 13.416666666
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Slider, Decorative Molding
Kitchen
Lvl Main,First13.083333333 x 13.416666666
Ceiling Fan(s), Flooring - Hardwood, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting, Remodeled
Primary Bedroom
Lvl Second13.25 x 13.5
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl Second14.666666666 x 13.083333333
Bedroom 3
Lvl Second13.166666666 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 4
Lvl Third20.583333333 x 10.25
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 5
Lvl Third13.583333333 x 13.166666666
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bathroom 1
Lvl Main,First7.25 x 4.25
Bathroom - Half, Window(s) - Bay/Bow/Box, Bidet, Dryer Hookup - Electric, Washer Hookup, Lighting - Pendant, Pedestal Sink
Bathroom 2
Lvl Second9.75 x 5.666666666
Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Window(s) - Stained Glass, Countertops - Stone/Granite/Solid, Bidet, Remodeled, Lighting - Sconce, Lighting - Overhead
Listing Agent: Mission Realty Advisors
Listing Office: Compass
MLS® Number: 73578236