
92 High St #21 Medford — Photo 1 of 35
$449,900
Investment Analysis — 92 High St #21
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02155 carries an estimated $2,610/mo in gross rent — about a 0.77% cap rate and $3,450/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
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Built
1907
Exceptional opportunity to own a Professional Office Condo in one of Medford’s most recognizable landmark buildings -- the former Medford Armory, now the Marcus Fonzi Professional Office Condominiums. Offering approx. 1,487 sq. ft. of flexible space, this distinctive unit is well suited for professional, medical, wellness or spa use and was formerly occupied by a dermatology practice. The versatile layout features a reception area, waiting room, 3 private exam/treatment rooms, an impressive office with fireplace & access to a small balcony, kitchenette/breakroom & private half bath. High ceilings & handsome woodwork add character throughout. This iconic, professionally managed elevator building is impeccably maintained while preserving its early-1900s architectural charm, including a gracious lobby with granite columns, coffered ceiling & exposed brick accents. Includes 1 deeded parking space. High-visibility Route 60 location in historic Medford Square, near public parking, bus lines, I-93, MA-16 & MA-38.
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 MLS and other third-party data may be inaccurate or out of date.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
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Listing Agent: Chuck Andre
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73562437