PRICE REDUCED TO $636,439!
Maplewood Highlands Classic Cape with Exceptional Potential – Build Equity in One of Malden's Most Desirable Neighborhoods
118 Elwell Street • Malden, Massachusetts
Classic Cape in Desirable Maplewood Highlands
Exceptional Opportunity • Outstanding Value • Ready for Your Personal Touch
Don't miss this outstanding opportunity to own a classic Cape Cod-style home in one of Malden's most sought-after neighborhoods. Now offered at $636,439, 118 Elwell Street combines solid construction, an excellent floor plan, and a prime location with tremendous potential to build equity through thoughtful updates and improvements.
Built in 1962 and offering 1,456 square feet of living space, this well-maintained residence sits on a generous 7,200-square-foot lot, providing plenty of room for outdoor entertaining, gardening, or future expansion. Whether you're a first-time homebuyer, growing family, or investor, this home presents an exceptional value in today's market.
Property Highlights
- 3 Bedrooms
- 2 Full Bathrooms
- 1,456 Square Feet of Living Space
- Six Well-Proportioned Rooms
- Inviting Fireplace
- Full Walk-Out Basement
- Large Fenced Yard
- Front Porch
- Off-Street Parking for Two Vehicles
- Public Water & Sewer
Comfortable Living with Endless Possibilities
The thoughtfully designed floor plan offers comfortable everyday living while providing an ideal canvas for your own personal updates.
The first floor features:
- Spacious living room
- Formal dining room
- Functional kitchen
- First-floor primary bedroom
- Full bathroom
The second level includes:
- Two generously sized bedrooms
- Second full bathroom
Additional interior features include:
- Wall-to-wall carpeting, tile, and vinyl flooring
- Cable-ready service
- Combination sheetrock and plaster walls
- Washer hookup
- 100-amp circuit breaker electrical service
Quality Construction & Reliable Systems
This home has the "good bones" buyers are looking for, including:
- Low-maintenance vinyl siding
- Asphalt shingle roof
- Poured concrete foundation
- Oil-fired hot water baseboard heating
- Tankless hot water system
- Insulated replacement windows
- Storm doors
A Location You'll Love
Situated in the highly desirable Maplewood Highlands neighborhood, you'll enjoy convenient access to:
- Public transportation
- Major commuter routes
- Shopping and restaurants
- Parks and recreation
- Public and private schools
Added Value for Buyers
To provide additional peace of mind and savings, the seller is offering:
- FREE 13-Month Home Warranty
- Potential annual property tax savings of up to $3,361.34 for qualified owner-occupants through available exemption programs.
A Home with Tremendous Upside
Homes with this combination of location, lot size, floor plan, and potential rarely remain available for long—especially at this newly reduced price. Whether you're looking to create your forever home or make a smart investment, 118 Elwell Street offers the opportunity to personalize a quality property while building long-term value.
Schedule Your Private Showing Today
This is your opportunity to explore everything this exceptional property has to offer. We invite you to schedule a private tour and discover the possibilities firsthand.
For additional information or to arrange a personal showing, contact:
Danca Realty, Inc.
Office: (781) 321-0180
Listing Agent:
John King
Email:
rwda@aol.com
Buyer's Agent:
Ron Rossi
Email:
rwdr@aol.com
Don't wait—homes offering this combination of location, value, and potential are in high demand. Schedule your private showing today before this opportunity is gone.
All information is deemed reliable but not guaranteed and is based on public records and third-party sources.
LET US FIND YOUR DREAM HOME
An Agent Dedicated to Finding Your Dream Home
When you contract with us, as your Buyer's Representative, we can make the process of house hunting much easier and more efficient than if you did it all yourself. We can help you determine your budget, prioritize a list of the essential features that you need in your next home and show you all the properties on the market. We'll save you valuable time by finding the properties that best suit your requirements.
Once you've found a place that catches your eye, we'll look at comparable properties in the area to help determine a purchase price offer. Then we will negotiate on your behalf with the seller to make sure you get the most favorable terms.
Financing That Dream Home
We can show you financing options including a
closing cost credit program.
Contact us to get the process started.
BUYING IN TODAY'S MARKET
Looking for a home in today's competitive market can be difficult. We understand the current market and being a leader in the industry we can help you locate and purchase your dream home for the best possible price. Together we will determine what your dream home includes and we will find and show you your dream home options!
Starting August 17, real estate professionals will no longer be able to communicate offers of compensation through the MLS. However, consumers can still pursue compensation offers through negotiations and consultations with their real estate professionals outside the MLS.
MLS policies have been updated to reflect these changes as part of a proposed settlement agreement.
Charlie Lee, NAR’s senior counsel and director of legal affairs, outlines several ways real estate professionals can negotiate and communicate offers of compensation:
- Marketing: If the listing broker or seller offers compensation to the buyer’s broker, the listing agent can share this offer through marketing materials like flyers, signs, or emails.
- Website Displays: Brokers can show offers of compensation for their own listings on their websites. They must not display offers of compensation for other brokers' listings unless the information is not sourced from MLS data or an MLS feed.
- Seller Concessions: Sellers can offer concessions to buyers for things like covering closing costs or the buyer’s agent commission. If allowed by the local MLS, these concessions can be listed in designated MLS fields but cannot be conditioned on using or paying a buyer broker.
- Negotiations: Buyers can ask their agents to include broker compensation as part of the purchase offer terms.
- Buyer Agreements: Under NAR’s proposed settlement agreement, buyers and their agents must enter into written agreements before touring homes. These agreements will specify the compensation for using the buyer broker’s services.
