94 Monument St Medford — Photo 1 of 36
$1,350,000
Investment Analysis — 94 Monument 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 2.28% cap rate and $30,782/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,100
Style
Single Family
Built
1890
94 Monument St is a renovated four level, 3000+ square foot West Medford Victorian steps from the commuter rail, shops, schools, Somerville, Arlington, and just minutes to Cambridge and Boston. This house is a livable and lovable beauty with a wraparound porch and loads of original craftsmanship enhanced by modern updates. Built in 1890, this home features soaring ceilings, gleaming hardwood floors, two fireplaces, and 3 1/2 modern bathrooms. A new eat in kitchen boasts ample cabinetry, a walk-in pantry, quartz countertops, stainless steel appliances, and an oversized eating area with 14 windows looking over the grassy, fenced backyard. And let’s not even mention the finished basement—perfect for guests, a media room, or a home gym; the second-floor laundry room that leads into a sun-drenched studio; or the top floor suite with a bedroom overlooking Monument Street and 2 other rooms ideal for home offices or hobby use.
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 3,100 sq ft principal dwelling). Lot size: 5,750 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.
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Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
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Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl ThirdBathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondProperty History
$1,350,000
Sep 9, 2026
MLS® 73574840
$4,600
Jun 2, 2025
MLS® 73316788
$4,600
Dec 2, 2024
MLS® 73316788
Listing Agent: Charles Ball
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73574840