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197 Brookside Pkwy Medford — Photo 1 of 40

197 Brookside Pkwy Medford — Photo 1 of 40

$899,000

Investment Analysis — 197 Brookside Pkwy

Medford, MA 02155

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 3.21% cap rate and $28,891/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,635

Style

Single Family

Built

1910

Welcome to this beautifully renovated bungalow, transformed in 2021 with high-end finishes and thoughtful design throughout. From the moment you enter, the impressive 9-foot ceilings and open-concept floor plan create an inviting sense of space and light. The stunning kitchen showcases quartz countertops, a generous island, and beautiful finishes that flow seamlessly into the dining and living areas. The living room is anchored by an inviting gas fireplace, creating the perfect setting for both everyday living and entertaining. The first floor features a spacious primary suite complete with a walk-in closet and en-suite bath, along with a dedicated first-floor laundry room. Upstairs, two generously sized bedrooms are complemented by a second full bath. Outside, enjoy the appeal of a classic farmer's porch and a quaint, fully fenced backyard featuring a patio and low-maintenance turf grass. Ideally situated with easy access to Route 93 and just moments from the Middlesex Fells Reservation and vibrant Medford Square, this home offers the perfect blend of modern luxury, classic character, and everyday convenience. Open Houses Saturday and Sunday 12:00p-2:00p!

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: 818 sq ft (the lesser of 900 sq ft or half the 1,635 sq ft principal dwelling). Lot size: 3,418 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.

Open Houses

Property Details

Financials

Original Price$899,000
Annual Taxes$6,677

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile, Flooring - Hardwood
BasementFull, Interior Entry, Bulkhead

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationOther
ZoningGR

Property & Lot

Acres0.08
SqFt Lot3,418
Lot Features--

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 3
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Living Room
Lvl First

14 x 11

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

14 x 10

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Overhead

Kitchen
Lvl First

13 x 13

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Pot Filler Faucet, Gas Stove, Lighting - Pendant

Primary Bedroom
Lvl First

12 x 15

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

18 x 16

Bedroom 3
Lvl Second

20 x 16

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

3 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 2
Lvl First

11 x 5

Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 3
Lvl Second

8 x 7

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting

Listing Provided By

Listing Agent: Mcglynn & Nigro Team

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73581225