Active Under Contract
18 Days on market
621 High St Medford — Photo 1 of 38

621 High St Medford — Photo 1 of 38

$1,195,000

Investment Analysis — 621 High St

Medford, MA 02155 — West Medford

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 2.63% cap rate and $31,375/yr in estimated NOI at the $1,195,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,480

Style

Single Family

Built

1890

This thoughtfully remodeled four-bedroom home combines spacious, flexible living with warmth and character. A 2016 renovation transformed the house, creating bright, flowing spaces designed for modern living. The kitchen is the heart of the home, featuring stainless-steel appliances, marble countertops, a generous peninsula, and hardwood floors. The adjacent dining room fills with beautiful natural light, especially in the fall and winter months, creating an inviting setting for meals and gatherings. Four generously sized bedrooms occupy the second floor, with privacy and ample closet space throughout. The lower level, previously operated as a successful Airbnb, has its own dedicated entrance and offers exceptional flexibility as a guest space, playroom, games room, home office, or additional living area. Three full bathrooms—one on each floor—provide convenience throughout the home. The outdoor space comes alive in spring, with cherry blossoms and apple trees blooming in the back while yellow forsythia and tulips brighten the front. The fenced yard offers lawn space for relaxing and recreation, mature trees for summer shade, and a patio and fire pit with outdoor lighting for enjoying the space throughout the shorter winter days. The back deck is ideal for morning coffee, cookouts, and al fresco dining. A detached two-car garage and additional off-street parking provide ample parking for residents and guests. The location is exceptional. The Mystic Lakes are just moments away, with a beautiful walking and jogging path connecting to Shannon Beach and the Medford Boat Club. Commuter rail access to Boston is conveniently nearby, while parks, playgrounds, and quiet side streets add to the appeal of this established neighborhood. It’s the kind of close-knit community where neighbors look out for one another.

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 2,480 sq ft principal dwelling). Lot size: 7,307 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.

Immersive Experience

Property Details

Financials

Original Price$1,195,000
Annual Taxes$7,841

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Flooring - Hardwood
BasementFull, Partially Finished

Climate & Utilities

HeatingSteam, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningSF1

Property & Lot

Acres0.17
SqFt Lot7,307
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Electric Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1
First
Living RoomDining RoomKitchenOfficeBathroom 2
Basement
Family RoomBathroom 3
Living Room
Lvl First

23 x 16

Flooring - Hardwood

Dining Room
Lvl First

12 x 12

Flooring - Hardwood

Kitchen
Lvl First

17 x 11

Flooring - Hardwood

Office
Lvl First

Flooring - Hardwood

Family Room
Lvl Basement

25 x 20

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl Second

15 x 13

Flooring - Hardwood

Bedroom 2
Lvl Second

11 x 9

Bedroom 3
Lvl Second

13 x 10

Flooring - Hardwood

Bedroom 4
Lvl Second

14 x 11

Flooring - Hardwood

Bathroom 1
Lvl Second
Bathroom 2
Lvl First
Bathroom 3
Lvl Basement
Listing Provided By

Listing Agent: John Takvorian

Listing Office: Leading Edge Real Estate

MLS® Number: 73567156