116 Washington St #2 Medford — Photo 1 of 22
$399,000
Investment Analysis — 116 Washington St #2
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02155 carries an estimated $3,250/mo in gross rent — about a 5.99% cap rate and $23,906/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
670
Style
Condominium
Built
1960
Welcome to 116 Washington Street, Unit 2, Medford, MA. Well-maintained condo, perfectly located with quick access to I-93 and the MBTA. Close to Tufts University and Assembly Row. Minutes from downtown Boston, Cambridge, and Somerville. Easy access to parks, public schools, healthcare facilities, highways, and local shops. Classic brick building with a new roof in 2022. Southern exposure, granite countertops, stainless steel appliances, hardwood floors throughout. Large, dry, & private storage room in basement. Recently replaced private washer & dryer. One assigned parking space and two shared visitor parking spaces in a private lot.
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Freezer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer • Oven
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Primary Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Peter Cote
Listing Office: Redfin Corp.
MLS® Number: 73577797
