92 High Street #T31 Medford — Photo 1 of 29
Recent Drop: $120,900
$629,000
Investment Analysis — 92 High Street #T31
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 1.84% cap rate and $11,550/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
3
SqFt
3,357
Style
Other
Built
1907
Rare opportunity. Expansive 3K+ sq foot Professional Office Condo with 1 car deeded parking in iconic former Medford Armory, now the Marcus Fonzi Professional Office Condominiums. Sited in the heart of historic, bustling Medford Sq. Directly on Route 60 in a high-visibility location with exceptional access to Routes I-93, MA-16, MA-38, near municipal parking & on bus line. Tremendous, versatile space presently consisting of 14 rooms: 2 offices, 9 exam rooms, lounge, oversized lobby & reception, 1 full / 1 half baths. Several vantage points afford seasonal views of Mystic River. Formerly occupied by a medical practice & well-suited for a variety of medical & professional uses. Sited in ultra desirable, professionally managed building with elevator & gracious lobby with granite columns & coffered ceiling. Seldom do Condos in this building become available, & even less frequently with this level of size & flexibility, creating a truly exceptional opportunity for users or investors alike.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$629,000
Was $694,000
Jul 22, 2026
MLS® 73494494
$694,000
Was $749,900
Apr 24, 2026
MLS® 73494494
$749,900
Apr 1, 2026
MLS® 73494494
Listing Agent: John Veneziano
Listing Office: REMAX Andrew Realty Services
MLS® Number: 73494494