8 Ninth Street #102 Medford — Photo 1 of 23
$495,000
Investment Analysis — 8 Ninth Street #102
Medford, MA 02155 — Wellington
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02155 carries an estimated $3,250/mo in gross rent — about a 4.10% cap rate and $20,297/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,054
Style
Condominium
Built
1987
Great value at 8 Ninth Street! Ready for immediate occupancy, and priced to sell quickly. Perfect for a buyer who would like to avoid the elevator and a long hallway. This home is a short distance from the entrance lobby, and close to its parking space. (Space #108 is near the building's side door; also near the condominium.) Parkway Plaza West is conveniently located, and has many appealing features. Please see photos.
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 MLS and other third-party data may be inaccurate or out of date.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 • Refrigerator • Wine Refrigerator • Washer/Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 23
Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
Dining Room
Lvl First7 x 7
Flooring - Vinyl, Window(s) - Picture, Lighting - Pendant
Kitchen
Lvl First8 x 12
Flooring - Vinyl, Countertops - Stone/Granite/Solid, Lighting - Overhead
Master Bedroom
Lvl First12 x 14
Flooring - Wall to Wall Carpet, Window(s) - Picture
Bedroom 2
Lvl First12 x 12
Bathroom 1
Lvl null5 x 10
Bathroom - With Tub
Bathroom 2
Lvl null5 x 8
Bathroom - With Shower Stall
Listing Agent: Ronald Mastrocola
Listing Office: Mastrocola Management, Inc.
MLS® Number: 73569061
