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3 Days on market
51 Albion St #B Medford — Photo 1 of 11

51 Albion St #B Medford — Photo 1 of 11

$499,000

Investment Analysis — 51 Albion St #B

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 4.29% cap rate and $21,389/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

868

Style

Condominium

Built

1900

Welcome to 51 Albion Street #3, a bright and inviting top-floor condo offering the perfect blend of space, character, and convenience. This 2-bedroom, 1-bath home features 868 square feet of living space with hardwood floors and abundant natural light throughout. The spacious living room is highlighted by vaulted ceilings, skylights, and oversized windows, creating an airy space perfect for relaxing or entertaining. The eat-in kitchen offers ample cabinetry, stainless steel appliances, and plenty of room for dining, while both bedrooms provide comfortable accommodations with great natural light. A full tiled bath and additional private storage in the basement add to the home’s functionality. Ideally located near Tufts University and vibrant Ball Square, with easy access to popular restaurants, cafés, neighborhood parks, the Community Path, and the Green Line, making Somerville, Cambridge, and Boston easily accessible. A fantastic opportunity to own a charming top-floor home in a convenient Medford location.

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 MLS and other third-party data may be inaccurate or out of date.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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Property Details

Financials

Original Price$499,000
Annual Taxes$4,539
HOA Fee$309.32

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile
BasementY

Climate & Utilities

HeatingElectric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningGR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Public School • T-Station

Geography

Listing Provided By

Listing Agent: Issam Dib

Listing Office: Skyline Realty

MLS® Number: 73578846