Active
20 Days on market
314 Riverside Avenue #304 Medford — Photo 1 of 38

314 Riverside Avenue #304 Medford — Photo 1 of 38

$449,000

Investment Analysis — 314 Riverside Avenue #304

Medford, MA 02155

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02155 carries an estimated $3,250/mo in gross rent — about a 4.64% cap rate and $20,822/yr in estimated NOI at the $449,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

942

Style

Condominium

Built

1984

Come see this bright, sunny condominium at the highly desirable Sprague Condominiums just minutes north of Boston. You will not find better unit placement than this upper floor corner unit. This place has the most accommodating floor plan with separate galley kitchen, expansive open living room / dining room, spacious bedrooms, and one full bath. The fully applianced kitchen has a ceramic tile floor and plenty of cabinets. Enjoy a HUGE twenty five foot balcony for relaxing. Building amenities include laundry facilities on every floor, additional storage unit, bicycle storage, and an extreme close proximity to the Wellington Orange LINE MBTA Station. All this makes it the perfect place! You don't want to miss this opportunity to live near Station Landing and Assembly Row! Deeded parking space #11.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$449,000
Annual Taxes$4,018
HOA Fee$400

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringCarpet
BasementN

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1
Unknown
Bathroom 2
Living Room
Lvl First

14 x 19

Flooring - Wall to Wall Carpet, Balcony - Exterior

Dining Room
Lvl First

7 x 13

Ceiling Fan(s), Flooring - Wall to Wall Carpet

Kitchen
Lvl First

8 x 8

Master Bedroom
Lvl First

11 x 12.5

Ceiling Fan(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

11.5 x 11.5

Bathroom 1
Lvl First
Bathroom 2
Lvl null

5 x 10

Bathroom - Full, Bathroom - Tiled With Tub

Listing Provided By

Listing Agent: Joseph Firicano

Listing Office: Boston Hub Real Estate

MLS® Number: 73567166