26 Central Avenue Malden — Photo 1 of 35
$829,900
Investment Analysis — 26 Central Avenue
Malden, MA 02148
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02148 carries an estimated $3,630/mo in gross rent — about a 3.23% cap rate and $26,780/yr in estimated NOI at the $829,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,071
Style
Single Family
Built
1900
NOW COMPLETE! This lovely Colonial has undergone a comprehensive remodel, culminating in a chic and modern 3 bed/3 bath home with finished basement and private entry! This property seamlessly blends character with contemporary sophistication. The recently remodeled kitchen stands as a testament to modern design and functionality. It is equipped with stainless steel appliances, quartz countertops & an expansive island that anchors the space, which flows effortlessly into the living room, highlighted by a beautiful electric fireplace with marble surround. Enjoy a convenient first floor bedroom with an adjacent modern full bath with lovely tiled shower. The second floor offers 2 additional bedrooms & beautiful full bath. The lower level is thoughtfully finished with a full bath, family room with gorgeous wet bar with wine fridge, & bonus bedroom/office. This dedicated and separate space is perfect for the growing or extended family! This corner lot home extends its appeal outdoors with a private yard & patio. Off street parking! NEW windows, NEW heating & AC system, NEW roof, NEW electric, NEW kitchen, NEW baths, NEW flooring, NEW walls, & SO MUCH MORE! Close to Route 1 shops & restaurants, Logan Airport, Tobin Bridge, Boston, The Northern Strand Bike Trail, & the bus stop! A TRUE GEM!
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 2,071 sq ft principal dwelling). Lot size: 5,001 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.333333333 x 18.833333333
Flooring - Laminate, Open Floorplan, Recessed Lighting, Lighting - Pendant
Kitchen
Lvl First17.333333333 x 9
Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Office
Lvl Basement9.083333333 x 10.25
Flooring - Stone/Ceramic Tile, Recessed Lighting
Family Room
Lvl Basement15.166666666 x 19.666666666
Flooring - Stone/Ceramic Tile, Wet Bar, Recessed Lighting
Master Bedroom
Lvl First11.5 x 13.583333333
Closet, Flooring - Laminate, Recessed Lighting
Bedroom 2
Lvl Second14 x 9.75
Bedroom 3
Lvl Second13.416666666 x 11.666666666
Closet, Flooring - Laminate, Recessed Lighting
Bathroom 1
Lvl Basement5 x 8.25
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First5 x 9.25
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 3
Lvl Second8.083333333 x 5
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Property History
$829,900
Jul 30, 2026
MLS® 73556935
$475,000
Oct 28, 2025
MLS® 73442024
$425,000
Oct 9, 2025
MLS® 73442024
Listing Agent: Kristin Gennetti
Listing Office: Century 21 North East
MLS® Number: 73556935