21 Fells Ave Medford — Photo 1 of 35
Recent Drop: $151,000
$799,000
Investment Analysis — 21 Fells Ave
Medford, MA 02155 — North Medford
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02155 carries an estimated $4,300/mo in gross rent — about a 3.97% cap rate and $31,697/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,635
Style
Single Family
Built
1915
Space, comfort, and effortless entertaining come together in this expansive 5-bedroom home in desirable North Medford. This home provides the flexibility today's buyers need, whether working from home, hosting guests, or simply enjoying extra space with potential for an ADU in the basement. The highlight is the stunning two-level deck complete with an outdoor kitchen, creating the perfect setting for summer cookouts, game days, and gatherings with family and friends. Inside, you'll find generous living areas and two full bathrooms designed for comfortable everyday living. Ideally located just minutes from downtown Boston, this home offers easy access to I-93, Route 28, and public transportation for a seamless commute. Enjoy nearby Middlesex Fells Reservation with miles of trails and outdoor recreation, along with convenient access to Assembly Row, Tufts University, shopping, dining, and everything Medford has to offer. A rare combination of space, convenience, and location.
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 2,635 sq ft principal dwelling). Lot size: 3,360 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.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 12
Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood
Dining Room
Lvl First16 x 14
Beamed Ceilings, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Kitchen
Lvl First11 x 18
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl Second14 x 17
Ceiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl First11 x 11
Bedroom 3
Lvl Second10 x 11
Flooring - Hardwood
Bedroom 4
Lvl Second8 x 11
Flooring - Hardwood
Bedroom 5
Lvl Second14 x 14
Flooring - Hardwood
Bathroom 1
Lvl First6 x 9
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Basement8 x 7
Bathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$799,000
Was $849,000
Aug 26, 2026
MLS® 73537002
$849,000
Was $899,000
Aug 11, 2026
MLS® 73537002
$899,000
Was $925,000
Jul 14, 2026
MLS® 73537002
$925,000
Was $950,000
Jun 24, 2026
MLS® 73537002
$950,000
Jun 16, 2026
MLS® 73537002
Listing Agent: The Jenkins Group
Listing Office: Keller Williams Realty
MLS® Number: 73537002
