
16 Horne Ave Medford — Photo 1 of 42
$979,900
Investment Analysis — 16 Horne Ave
Medford, MA 02155 — North Medford
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02155 carries an estimated $3,900/mo in gross rent — about a 2.88% cap rate and $28,198/yr in estimated NOI at the $979,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,081
Style
Single Family
Built
1987
Tucked away on a quiet, dead-end street in one of North Medford's most coveted pockets, this beautifully maintained home is a rare find. Set on a large, flat, level lot wrapped in mature landscaping, the home sits just minutes from Middlesex Fells, Wright's Pond, Spot Pond, and the newly renovated 11.5-acre Carr Park with pickleball courts, a dog park, playground, and other amenities. Commuters will love the effortless access to I-93 into Boston. Inside, a sun-filled living room centers around a cozy gas fireplace, flowing into the dining room and kitchen, with a half bath completing the first floor. Upstairs, you'll find three spacious bedrooms including the primary bedroom with vaulted ceilings, striking beams and skylight. A spa-like newly renovated bath with heated marble floors, marble wall tile, and a custom oak double vanity complete the second floor. The finished basement adds even more living space with a bonus room, office/flex room, and an additional bathroom with shower and laundry. Step outside to your own private escape, a tranquil screened-in porch with skylights and a ceiling fan overlooking an oversized, fully fenced, beautifully landscaped backyard, complete with a hot tub perfect for relaxing and entertaining. The garage offers convenient parking plus extra storage space. Freshly painted and move-in ready throughout. Don't miss your chance to own this rare gem on one of North Medford's most desirable dead-end streets.
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 2,081 sq ft principal dwelling).
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20.833333333 x 12.583333333
Flooring - Stone/Ceramic Tile
Dining Room
Lvl First9.833333333 x 11.25
Flooring - Stone/Ceramic Tile, Exterior Access, Slider
Kitchen
Lvl First10.666666666 x 11.25
Flooring - Stone/Ceramic Tile
Office
Lvl Basement7.25 x 10.75
Flooring - Laminate
Primary Bedroom
Lvl Second15.25 x 10.75
Ceiling Fan(s), Closet
Bedroom 2
Lvl Second10.5 x 10
Bedroom 3
Lvl Second10 x 9.666666666
Closet
Bathroom 1
Lvl First3.833333333 x 5.416666666
Bathroom - Half
Bathroom 2
Lvl Second7.25 x 6.25
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Marble, Double Vanity
Bathroom 3
Lvl Basement6.5 x 10.75
Bathroom - 3/4
Listing Agent: Maggie Pratt
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73581601