
50 Water St #47 Medford — Photo 1 of 38
Recent Drop: $3,000
$375,000
Investment Analysis — 50 Water St #47
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02155 carries an estimated $2,740/mo in gross rent — about a 4.44% cap rate and $16,644/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
634
Style
Condominium
Built
1970
Move-in ready and ideally positioned near Medford Square, this updated one-bedroom condo at 50 Water Street blends modern finishes with everyday convenience. The front-facing fourth-floor residence enjoys peaceful views over a tree-lined street, creating a bright and inviting setting above the neighborhood. The renovated kitchen features new cabinetry and stainless steel appliances, while new carpeting gives the bedroom a clean, comfortable feel. Building accessibility features include an elevator and chairlift at its entry. A well-run, high-owner-occupancy association instills confidence, and the condo fee includes heat and hot water, providing valuable monthly savings. Common laundry and low-maintenance living add practical ease. Enjoy nearby restaurants, coffee shops, McNally Park, the Mystic River, MBTA bus routes, and Orange Line connections. Commuter-friendly location and turnkey interior, this Medford condo offers comfort, value, and an appealing opportunity.
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 13
Flooring - Wall to Wall Carpet, Window(s) - Picture, Open Floorplan
Dining Room
Lvl First13 x 6
Flooring - Wall to Wall Carpet
Kitchen
Lvl First9 x 7
Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Stainless Steel Appliances
Primary Bedroom
Lvl First11 x 13
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First7 x 10
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$375,000
Was $378,000
Sep 15, 2026
MLS® 73552596
$378,000
Jul 21, 2026
MLS® 73552596
Listing Agent: John Dean
Listing Office: Engel & Volkers Boston
MLS® Number: 73552596