37 Andrews St Medford — Photo 1 of 30
$859,000
Investment Analysis — 37 Andrews St
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02155 carries an estimated $3,900/mo in gross rent — about a 3.40% cap rate and $29,192/yr in estimated NOI at the $859,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,517
Style
Single Family
Built
1959
OPEN HOUSE | SAT 9/12 & SUN 9/13 | 11AM-12:30PM ~ Welcome home to this charming home in desirable North Medford! This inviting 3 bedroom, 1.5 bath residence blends classic character with thoughtful updates, featuring hardwood floors, an updated kitchen, and updated bathrooms. The bright and spacious rear sunroom is a true highlight, offering heating and cooling for year-round enjoyment. A comfortable space for morning coffee, relaxing, or entertaining! Three bedrooms provide flexibility for everyday living, guests, or a home office, while a walk-up attic and partially finished basement offer additional storage and versatile space. Central heating, AC, and a hot water heater installed in 2019 add comfort and convenience. Previous improvements include the roof, replacement windows, vinyl siding, fence, stone wall, and updated electrical. Enjoy all this neighborhood has to offer, with summer swimming at nearby Wright’s Pond, year-round hiking in the Middlesex Fells, and convenient access to commuting routes!
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: 759 sq ft (the lesser of 900 sq ft or half the 1,517 sq ft principal dwelling). Lot size: 4,746 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Kitchen
Lvl Main,FirstFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Pendant
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Remodeled
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Better Home Team
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73574336
