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44 Myrtle St Medford — Photo 1 of 30

44 Myrtle St Medford — Photo 1 of 30

$639,000

Investment Analysis — 44 Myrtle 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 5.32% cap rate and $34,018/yr in estimated NOI at the $639,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,190

Style

Single Family

Built

1900

Don’t miss out on this opportunity!! Highly desirable Medford loaction. This 4 Bedroom 2 ½ bath colonial style home is located within close proximity to Boston, Tufts University, parks, restaurants and shopping with easy access to major highways and public transportation. When you enter the first floor, you’re greeted with a large foyer and spacious living room that leads to the kitchen and beautiful outside deck. The first floor also has a full bath, bedroom and office. On the second floor there are 3 Bedrooms and a half bath. The roof is three years old with 30 year Architectural Shingles and there is a natural gas furnace that is also only 3yrs old. This house is priced to sell and won’t last!!!

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: 595 sq ft (the lesser of 900 sq ft or half the 1,190 sq ft principal dwelling). Lot size: 4,700 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.

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Property Details

Financials

Original Price$639,000
Annual Taxes$5,198

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
FireplacesNone
FlooringHardwood
BasementUnfinished

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningSF2

Property & Lot

Acres0.11
SqFt Lot4,700
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Other

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomKitchenOfficeBedroom 4Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Office
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl First
Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Half

Listing Provided By

Listing Agent: Walter Zenkin

Listing Office: The Zenkin Realty Group LLC

MLS® Number: 73576729