Active
178 Days on market
244 Central Ave #5 Medford — Photo 1 of 18

244 Central Ave #5 Medford — Photo 1 of 18

$809,900

Investment Analysis — 244 Central Ave #5

Medford, MA 02155

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02155 carries an estimated $3,250/mo in gross rent — about a 2.23% cap rate and $18,074/yr in estimated NOI at the $809,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,372

Style

Condominium

Built

2018

Located just 5 miles north of Boston, this unit offers exceptional access to world-class universities, major hospitals, shopping, and dining. This rare newer construction features beautifully designed 2-bedroom, 2-full-bath, single-level residences with a spacious front-to-back open-concept layout. Modern finishes include gleaming hardwood floors throughout, stunning quartz countertops with breakfast-bar seating, custom espresso cabinetry, recessed lighting, stainless steel appliances, video intercom system, abundant natural light, and in-unit laundry. Two deeded off-street parking spaces are included.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$809,900
Annual Taxes$6,226
HOA Fee$445

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle
Foundation--
Zoning0

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Third

33 x 17

Kitchen
Lvl Third

14 x 13

Primary Bedroom
Lvl Third

24 x 14

Bedroom 2
Lvl Third

12 x 12

Bathroom 1
Lvl Third

6 x 8

Bathroom 2
Lvl Third

6 x 6

Property History

Listed
$809,900

Mar 31, 2026

MLS® 73494019

Terminated
$809,900

Mar 18, 2026

MLS® 73472656

Listed
$809,900

Jan 29, 2026

MLS® 73472656

Listing Provided By

Listing Agent: Heejeong Joo

Listing Office: Blue Ocean Realty, LLC

MLS® Number: 73494019