Active
16 Days on market
29 Harvard Ave. #37 Medford — Photo 1 of 24

29 Harvard Ave. #37 Medford — Photo 1 of 24

$399,000

Investment Analysis — 29 Harvard Ave. #37

Medford, MA 02155

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02155 carries an estimated $2,740/mo in gross rent — about a 4.23% cap rate and $16,882/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

610

Style

Condominium

Built

1974

West Medford! This beautifully renovated one-bedroom home offers an affordable opportunity to own in a fantastic location, just one block from the West Medford commuter rail with a one-stop ride into Boston. Fully renovated in June 2022, the unit features an updated kitchen with quartz countertops and upgraded cabinetry, a large & sunny living/dining area, a spacious king-sized bedroom with a walk-in closet, a double coat closet, a separate linen closet, and a beautifully renovated bathroom with a tiled tub and shower.Enjoy your own private balcony, same-floor laundry, elevator access, off-street parking (unassigned) along with plenty of visitor parking. The location is hard to beat - just down the street from Playstead Park with tennis and pickleball courts and close to neighborhood restaurants, shops, Walgreens, Whole Foods, Tufts University, Davis Square, and Alewife Station.The exceptionally well owner-managed association boasts very strong reserves, adding even more peace of mind. With its renovated interior, excellent storage, outdoor space, parking, and convenient access to Boston, this is an appealing option for both owner-occupants and investors looking to enter the ever-growing Medford market.

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$399,000
Annual Taxes$3,247
HOA Fee$405

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Hardwood
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • T-Station • University

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl Second

26 x 11

Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Recessed Lighting, Slider

Kitchen
Lvl Second

9 x 8

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant

Master Bedroom
Lvl Second

21 x 12

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled

Listing Provided By

Listing Agent: Kiernan Middleman

Listing Office: Berkshire Hathaway HomeServices Warren Residential

MLS® Number: 73569068