
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First14 x 13
Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Archway
Dining Room
Lvl Main,First15 x 14
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Archway
Kitchen
Lvl Main,First15 x 10
Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Exterior Access, Lighting - Overhead
Office
Lvl Second11 x 8
Flooring - Hardwood, Lighting - Overhead
Family Room
Lvl Main,First17 x 17
Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Remodeled, Sunken, Lighting - Overhead
Primary Bedroom
Lvl Second22 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second11 x 11
Bedroom 3
Lvl Second15 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Second15 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First14 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink
Bathroom 2
Lvl Second8 x 5
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 3
Lvl First4 x 3
Bathroom - Half, Flooring - Vinyl
Listing Agent: Team Ladner
Listing Office: RE/MAX Harmony
MLS® Number: 73576819