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46 Norwich Circle Medford — Photo 1 of 37

46 Norwich Circle Medford — Photo 1 of 37

$859,000

Investment Analysis — 46 Norwich Circle

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 3.27% cap rate and $28,094/yr in estimated NOI at the $859,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,039

Style

Single Family

Built

1953

Welcome to this well-cared-for Colonial in desirable West Medford! Offering a wonderful combination of classic charm, comfortable living space (with central air), and versatile bonus areas, this home is ready to welcome its next owners. The first floor is designed for both everyday living and entertaining, with a spacious living room with fireplace, dining room, remodeled kitchen (2018), and inviting family room. An enclosed deck extends the living space and provides a great spot for relaxing, entertaining, or enjoying the outdoors in a more private setting. The second floor features three bedrooms and a family bath, providing a comfortable and functional bedroom level. The finished lower level adds even more versatility and offers numerous possibilities to suit today's lifestyle. With its own bathroom, laundry, and partial kitchen, this space could work beautifully as a game room, recreation area, home office, guest space, or an ideal setup for extended family. The thoughtful layout and additional amenities make the lower level a valuable extension of the home. The spacious and private yard offers plenty of room to enjoy the outdoors, whether you're an avid gardener, love to entertain, or simply want a place to unwind. Mature landscaping creates a wonderful sense of privacy, while two sheds provide excellent storage for gardening equipment, tools, and outdoor belongings. A hot tub adds another opportunity to relax and enjoy your own private outdoor retreat. A great opportunity to own a well-maintained Colonial in a sought-after West Medford location (restaurants, shops, commuter rail and access to major routes), with generous living space and the flexibility to adapt to a variety of needs. Come see all this special home has to offer!

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 2,039 sq ft principal dwelling). Lot size: 7,370 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$859,000
Annual Taxes$7,474

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished

Climate & Utilities

HeatingSteam, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningSF1

Property & Lot

Acres0.17
SqFt Lot7,370
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Basement
Bathroom 3
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid

Family Room
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck, Slider

Master Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

Bathroom - 3/4, Flooring - Laminate

Listing Provided By

Listing Agent: Marjie And Phil

Listing Office: Advisors Living - Arlington

MLS® Number: 73575341