
20 Smith Lane Medford — Photo 1 of 41
$1,399,000
Investment Analysis — 20 Smith Lane
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 2.00% cap rate and $28,043/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,891
Style
Single Family
Built
2012
Move right into this fresh and beautifully maintained newer construction 3/4 bedroom Colonial, ideally located in the desirable West Medford/Playstead area! Recently expanded third floor & basement offering four finished levels of glorious living space, this home features a spacious contemporary layout and wonderful indoor/outdoor living. The main level offers a gourmet kitchen with waterfall-edge granite island and seating, an adjacent dining area with sliders to the deck, a fireplaced living room, family room and half bath. Upstairs, the primary suite is a true retreat with a spa-like bath and generous closet, along with two additional corner bedrooms and a full bath. The third floor offers a spacious and flexible 4th bedroom, home office or bonus room with high ceilings. The finished lower level provides even more living space, perfect for a playroom, media room, home gym or additional family room. Outside, enjoy your own private backyard retreat featuring a large deck, cozy patio and beautiful gardens with mature perennial plantings. A perfect combination of space, style, location and yard, just minutes to the Fells, Playstead Park, close to West Medford commuter rail and an easy commute into Boston. Don't miss this exceptional home!
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 2,891 sq ft principal dwelling). Lot size: 7,025 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Vacuum System
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18 x 12
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First13 x 12
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl Main,First12 x 12
Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl Main,First17 x 12
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Second17 x 11
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second13 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Third18 x 11
Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl Main,First9 x 8
Bathroom - Half, Washer Hookup
Bathroom 2
Lvl Second9 x 9
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall
Bathroom 3
Lvl Second9 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub
Listing Agent: Kim Covino & Co. Team
Listing Office: Compass
MLS® Number: 73578079