208 Central Ave #1 Medford — Photo 1 of 37
$619,900
Investment Analysis — 208 Central Ave #1
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 3.81% cap rate and $23,649/yr in estimated NOI at the $619,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,630
Style
Condominium
Built
1925
Welcome to this beautifully maintained 2-bedroom, 1.5-bath condominium in a desirable Medford. This inviting home features beautiful hardwood flooring throughout the main living areas, a spacious living room with a charming fireplace, and a dining room with classic built-ins. The updated full bathroom offers a tiled shower with tub and modern finishes. The kitchen is equipped with granite countertops and stainless steel appliances, providing both style and functionality. The finished lower level offers valuable additional living space with a convenient half bath, creating the perfect setting for a home theater, game room, playroom, or additional recreation space. Recent improvements include a new roof, new heating system, and a hot water tank that is approximately one year old. Enjoy easy access to Morrison Park and Devir Park, while commuters will appreciate the convenient location approximately 1.4 miles from Wellington Station and 1.3 miles from Malden Station on the Orange Line, providing access into Boston and beyond. A wonderful opportunity to enjoy comfortable condo living with great space, updates, and convenient access to parks, transportation, and all that Medford has to offer.
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12 x 12
Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Lighting - Sconce, Lighting - Overhead
Dining Room
Lvl Main,First14.833333333 x 13.5
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Kitchen
Lvl Main,First12.833333333 x 20
Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl Main,First12 x 13
Closet, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Bedroom 2
Lvl First12 x 10.833333333
Bathroom 1
Lvl Main,First7.75 x 6.916666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl Basement7 x 5.666666666
Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Lighting - Overhead
Listing Agent: Herrick Lutts Realty Partners
Listing Office: Herrick Lutts Realty Partners
MLS® Number: 73578006
