Active
58 Days on market
50 Water St #47 Medford — Photo 1 of 38

50 Water St #47 Medford — Photo 1 of 38

Recent Drop: $3,000

$378,000
$375,000

$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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$378,000
Annual Taxes$2,297
HOA Fee$504

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s), Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningAPT2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Conservation Area • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

13 x 13

Flooring - Wall to Wall Carpet, Window(s) - Picture, Open Floorplan

Dining Room
Lvl First

13 x 6

Flooring - Wall to Wall Carpet

Kitchen
Lvl First

9 x 7

Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Stainless Steel Appliances

Primary Bedroom
Lvl First

11 x 13

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

7 x 10

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$375,000

Was $378,000

Sep 15, 2026

MLS® 73552596

Listed
$378,000

Jul 21, 2026

MLS® 73552596

Listing Provided By

Listing Agent: John Dean

Listing Office: Engel & Volkers Boston

MLS® Number: 73552596