
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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • T-Station • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second26 x 11
Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Recessed Lighting, Slider
Kitchen
Lvl Second9 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 Second21 x 12
Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
Listing Agent: Kiernan Middleman
Listing Office: Berkshire Hathaway HomeServices Warren Residential
MLS® Number: 73569068
