266 Fellsway West #3 Medford — Photo 1 of 17
$555,000
Investment Analysis — 266 Fellsway West #3
Medford, MA 02155 — North Medford
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02155 carries an estimated $3,900/mo in gross rent — about a 5.07% cap rate and $28,150/yr in estimated NOI at the $555,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,088
Style
Condominium
Built
1900
Charming and stylish, high ceilings and sunshine abound in this fabulous top floor three-bedroom unit with front and back porches in this turn-key condo. The living room, where three windows overlook tree-top views, opens to the dining room with a built-in china cabinet and loads of sunshine. The 3 bedrooms offer potential to be used as additional space for working from home, yoga or guests. The spacious kitchen greets you with a butcher block island and plenty of counter space and ample cabinets. Off the kitchen is a smartly designed laundry room with ample shelves and storage space. Head out to the spacious and freshly-painted back porch to enjoy your morning coffee and gather with friends. The outside was painted this past summer, 2022 new roof, three rooms have newer mini-splits, newer Rheem hot water tank, 1 car parking, designated basement storage. 3 blocks to Hickey Park, Express buses to Boston, Close to Wellington T, Assembly Row, 93, 100 miles of hiking trails at The Fells and wonderful Medford restaurants and coffee shops.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Kitchen Island, Deck - Exterior
Primary Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Laurie Crane
Listing Office: Advisors Living - Arlington
MLS® Number: 73578860
