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16 Fairview Ter, Malden, MA, 02148

4beds
2baths
1,712sqft
$849,000
$496price/sqft
$5,675/moest. monthly cost
$227,000/yrincome needed

About This Home

Fully Updated Two-Family in Malden’s highly sought-after Maplewood neighborhood! Nestled on a quiet dead-end street, this well-maintained 2 family home offers the perfect blend of comfort, convenience, and investment potential. Featuring approximately 1,712 sq ft of living space, this property includes 5 bedrooms and 2 full bathrooms across two units, ideal for owner-occupants or investors seeking rental income. The first-floor unit showcases a beautifully renovated layout with an open floor plan, gleaming hardwood floors, abundant natural light, and fresh updates throughout. Situated just minutes from MBTA public transportation, shopping, dining, and major routes, this home offers both suburban tranquility and urban accessibility. A rare opportunity to own in a desirable neighborhood!

Getting Around

82
WalkingVery Walkable
45
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

4/10
Salemwood SchoolGrades K-80.2 mi
4/10
Malden High SchoolGrades 9-120.9 mi
6/10
Forestdale SchoolGrades K-80.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living Room,Kitchen,Laundry Room
  • Flooring: Wood
  • Finished area above ground: 1,712

Interior Area

  • Total structure area: 1,712
  • Total interior livable area: 1,712 sqft

Property

Details

  • Parcel number: 599331
  • Zoning: RES

Lot

  • Lot size: 3,112 sqft
  • Features: Other

Parking

  • Total spaces: 3
  • Parking features: Paved Drive,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$240$2,880
Property Taxes $788$9,456
Electricity $354$4,259
Total$5,675$68,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$194,571/yr
40% on housing$170,250/yr
45% on housing$151,333/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$496This listing

vs Other Active Listings

Avg $/sqft

ZIP 02148$345
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02148$456
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$829,000
2026-07-23Listed for sale$849,000
2026-04-29Listing removed$799,000
2026-03-26Listed for sale$799,000
2017-07-28Sold$493,000
2017-06-01Listed for sale$499,900
2017-03-30Listing removed$479,900
2017-03-25Pending sale$479,900
2017-03-17Listed for sale$479,900
2016-12-13Sold$365,000
2004-06-30Sold$405,000
2004-01-23Sold$225,000

For Sale by Agent

AgentMario Pavli
BrokerageBoston Advanced Realty, LLC

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