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148 Washington St Medford — Photo 1 of 42

148 Washington St Medford — Photo 1 of 42

$949,900

Investment Analysis — 148 Washington St

Medford, MA 02155

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02155 carries an estimated $4,300/mo in gross rent — about a 3.17% cap rate and $30,133/yr in estimated NOI at the $949,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,550

Style

Single Family

Built

1900

Stately 4-bed, 2.5-bath Colonial on an oversized corner lot, where original character blends seamlessly with a 2003 addition, elementary and middle schools are walking distance. A welcoming front porch, back porch, soaring ceilings, stained-glass detail in the entry, and beautiful original hardwood floors add to the charm. The main level features a spacious kitchen, dining room, convenient half bath, full bath, and a generous family room with built-ins and high ceilings. The living room showcases gorgeous parquet flooring with a classic Greek Key inlay and craftsmanship rarely found in today’s homes. A full bath and four well-sized bedrooms located upstairs and the primary bedroom feels like a retreat. A versatile bonus room on the top floor provides additional living space, office, or hobby potential, with an unfinished attic offering even more possibility. Abundant storage in the unfinished basement and parking for 4 cars in the driveway. First showing at the first Open House on Saturday, 9/19, from 11:00 AM-12:30 PM - No Exceptions. Offers due on Tuesday, 9/22, at 2:00 PM. Hurry!

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 2,550 sq ft principal dwelling). Lot size: 9,402 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$949,900
Annual Taxes$9,083

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Hardwood, Pine, Flooring - Hardwood
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Baseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone, Brick/Mortar
ZoningRes

Property & Lot

Acres0.22
SqFt Lot9,402
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
OfficePrimary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Bathroom 1Bathroom 3
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

14 x 13

Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Archway

Dining Room
Lvl Main,First

15 x 14

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Archway

Kitchen
Lvl Main,First

15 x 10

Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Exterior Access, Lighting - Overhead

Office
Lvl Second

11 x 8

Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl Main,First

17 x 17

Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Remodeled, Sunken, Lighting - Overhead

Primary Bedroom
Lvl Second

22 x 12

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second

11 x 11

Bedroom 3
Lvl Second

15 x 11

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

15 x 11

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

14 x 6

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink

Bathroom 2
Lvl Second

8 x 5

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce

Bathroom 3
Lvl First

4 x 3

Bathroom - Half, Flooring - Vinyl

Listing Provided By

Listing Agent: Team Ladner

Listing Office: RE/MAX Harmony

MLS® Number: 73576819