16 Jasmine Rd Medway — Photo 1 of 35
$970,000
Investment Analysis — 16 Jasmine Rd
Medway, MA 02053
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02053 carries an estimated $3,390/mo in gross rent — about a 1.96% cap rate and $18,971/yr in estimated NOI at the $970,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,870
Style
Single Family
Built
1993
Meticulously maintained Colonial on just over an acre at the end of a peaceful cul-de-sac. Nearly 3,000 sq ft with 4 beds/2.5 baths and an open layout connecting the renovated kitchen to a fireplaced living room and an expansive step-up great room. Kitchen updates include painted cabinetry, modern backsplash, smart appliances, and updated smart lighting. Sliders lead to a screened-in porch with an exterior hot tub underneath; the step-up great room features vaulted ceilings and opens to a large deck overlooking the inground pool. First floor offers a private office, formal living room, formal dining room, and half bath. Upstairs: 4 bedrooms including a generous primary suite with walk-in closet, upgraded flooring, solar-powered blinds, and a European toilet. Finished basement with poolside walkout. Smart home features include EV charger, smart locks, and 4 Nest thermostats. Leased solar panels, plus solar-powered exterior security cameras. Recently replaced boiler, heat pump & water tank. Brand new septic Aug 2024. Irrigation, central A/C & 2 car garage. Welcome Home!
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 2,870 sq ft principal dwelling). Lot size: 43,996 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.
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Property Details
Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.583333333 x 13.75
Flooring - Hardwood
Dining Room
Lvl First11.083333333 x 14.166666666
Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl First32.166666666 x 14.166666666
Flooring - Hardwood, Balcony / Deck, Kitchen Island, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Slider, Lighting - Pendant
Office
Lvl First12.666666666 x 11.333333333
Flooring - Hardwood, French Doors
Family Room
Lvl First22.25 x 24.25
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl Second11.75 x 17
Walk-In Closet(s), Flooring - Wood
Bedroom 2
Lvl Second11.75 x 13.583333333
Bedroom 3
Lvl Second13.083333333 x 10.416666666
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second7.25 x 10
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$970,000
Aug 26, 2026
MLS® 73568257
$875,000
Sep 18, 2024
MLS® 73269226
$849,000
Jul 24, 2024
MLS® 73269226
Listing Agent: Shelly A. Armstrong
Listing Office: Redfin Corp.
MLS® Number: 73568257
