
161 Park St Medford — Photo 1 of 40
$949,900
Investment Analysis — 161 Park St
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02155 carries an estimated $4,300/mo in gross rent — about a 3.21% cap rate and $30,520/yr in estimated NOI at the $949,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,438
Style
Single Family
Built
1900
161 Park St, Medford, is a large single-family residence, originally built in 1900, offering 2438 square feet of thoughtfully designed living space. Family owned and cared for for many years. Ideal for multi-generational families, work from home needs, or growing families.The home provides 10 rooms. 4 spacious bedrooms, with open living/dining area,natural light, and many additional rooms are versatile spaces ready to adapt to your unique needs, whether as comfortable sleeping quarters, productive home offices, or creative studios. Complementing the living spaces are three bathrooms, designed for both functionality and ease.Situated on a generous 8070 square foot lot, this property offers significant outdoor potential. Imagine enjoying your own private garden sanctuary, a vibrant play area, or an expansive space for entertaining under the open sky. This property presents a rare opportunity for a life of comfort and family enjoyment making memories in a desirable Medford location.Finished Lower Level includes Laundry, Utilities, storage, workshop/playroom. Off street Parking for 4 cars. Easy access to I-93, Public Transportation, Medford Square, Chevalier, Restaurants, shopping, and so much more. Bring your ideas and designs and make this home your own. Stop by and see for yourself..Open Houses 9/12 & 9/13 - 11:30 - 1:00. Offers due Tuesday, 9/15 by 1:00.
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 2,438 sq ft principal dwelling). Lot size: 8,070 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,FirstFlooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Gas Stove, Lighting - Overhead
Family Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Laminate, Exterior Access
Primary Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Tiled With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower
Bathroom 3
Lvl BasementBathroom - With Shower Stall
Listing Agent: Constance Botticelli
Listing Office: Century 21 North East
MLS® Number: 73575277
