Active
3 Days on market
161 Park St Medford — Photo 1 of 40

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.

View Standard Listing

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

Original Price$949,900
Annual Taxes$8,696

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Vinyl, Hardwood, Wood Laminate, Flooring - Wall to Wall Carpet
BasementFull, Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingSteam, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningSF2

Property & Lot

Acres0.19
SqFt Lot8,070
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4Bathroom 2
First
Living RoomFamily RoomPrimary BedroomBedroom 2Bathroom 1
Basement
Bathroom 3
Main,First
Dining RoomKitchen
Living Room
Lvl First

Closet, Flooring - Hardwood, Open Floorplan, Lighting - Overhead

Dining Room
Lvl Main,First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Gas Stove, Lighting - Overhead

Family Room
Lvl First

Ceiling Fan(s), Closet, Flooring - Laminate, Exterior Access

Primary Bedroom
Lvl First

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 4
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Tiled With Tub & Shower

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub & Shower

Bathroom 3
Lvl Basement

Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Constance Botticelli

Listing Office: Century 21 North East

MLS® Number: 73575277