Active Under Contract
41 Days on market
28 Preston St Malden — Photo 1 of 24
Recent Drop: $90,000
$769,000$679,000
$679,000
28 Preston St, Malden, MA 02148
Malden, MA 02148 — Maplewood
Beds
3
Baths
1.5
SqFt
1,944
Style
Single Family
Built
1950
Perfect first home! It's tidy and with all the essentials. This home is ready for its next owners, in sought after Maplewood neighborhood. Gleaming hardwoods and plenty of light, give it an airy feeling.The open layout provides gathering places, quiet at-home work spaces, flexible usage, and plenty of storage. Minutes from The Orange Line, commuter rail, shops, and dining, in addition to it being in a pretty little neighborhood. Recent improvements include new tiling in the basement, new tiling in the kitchen, new tiling in the bathroom. An efficient close is possible. First showings at open house Sunday, July 19 11:30-1:30pm.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$349/sqft
Local Avg (Malden)$411/sqft
15% BelowMarket Average
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.
Property Details
Financials
Original Price$769,000
Annual Taxes$8,021
Parking
Garage1
Off-Street3
Interior Specifications
Total Rooms6
FireplacesNone
FlooringWood, Tile, Flooring - Stone/Ceramic Tile
BasementPartial, Finished, Walk-Out Access, Interior Entry, Garage Access
Climate & Utilities
HeatingBaseboard, Electric Baseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES
Property & Lot
Acres0.08
SqFt Lot3,484
Lot FeaturesGentle Sloping
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Second
Master BedroomBedroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Basement
Bathroom 2
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Master Bedroom
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom 2
Lvl BasementProperty History
Price Drop
$679,000
Was $699,000
Aug 21, 2026
MLS® 73550061
Price Drop
$699,000
Was $720,000
Aug 5, 2026
MLS® 73550061
Price Drop
$720,000
Was $746,000
Jul 28, 2026
MLS® 73550061
Price Drop
$746,000
Was $769,000
Jul 22, 2026
MLS® 73550061
Listed
$769,000
Jul 15, 2026
MLS® 73550061
Population
65,906
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$101K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
58.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
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 1,944 sq ft principal dwelling). Lot size: 3,484 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.
Listing Provided By
Listing Agent: Ann Cohen
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73550061
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