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16 Horne Ave Medford — Photo 1 of 42

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.

View Standard Listing

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.

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Property Details

Financials

Original Price$979,900
Annual Taxes$7,370

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood, Laminate
BasementNone

Climate & Utilities

HeatingBaseboard, Propane
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSF2

Property & Lot

Acres--
SqFt Lot0.17
Lot FeaturesCleared, Level

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

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
OfficeBathroom 3
Living Room
Lvl First

20.833333333 x 12.583333333

Flooring - Stone/Ceramic Tile

Dining Room
Lvl First

9.833333333 x 11.25

Flooring - Stone/Ceramic Tile, Exterior Access, Slider

Kitchen
Lvl First

10.666666666 x 11.25

Flooring - Stone/Ceramic Tile

Office
Lvl Basement

7.25 x 10.75

Flooring - Laminate

Primary Bedroom
Lvl Second

15.25 x 10.75

Ceiling Fan(s), Closet

Bedroom 2
Lvl Second

10.5 x 10

Bedroom 3
Lvl Second

10 x 9.666666666

Closet

Bathroom 1
Lvl First

3.833333333 x 5.416666666

Bathroom - Half

Bathroom 2
Lvl Second

7.25 x 6.25

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Marble, Double Vanity

Bathroom 3
Lvl Basement

6.5 x 10.75

Bathroom - 3/4

Listing Provided By

Listing Agent: Maggie Pratt

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73581601