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34 Palmer St Medford — Photo 1 of 42

34 Palmer St Medford — Photo 1 of 42

$669,900

Investment Analysis — 34 Palmer St

Medford, MA 02155

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 5.03% cap rate and $33,717/yr in estimated NOI at the $669,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,712

Style

Single Family

Built

1950

Charming 4-bed, 2-bath Cape in Medford with a bonus office in one of Medford's most convenient neighborhoods!The main level has a living room, a separate dining room for gatherings, and a functional kitchen. Out back, the deck overlooks a nice-sized yard with space for gardening, entertaining, or relaxing. Nature is close by, with hiking and trails at the Middlesex Fells Reservation and Wright's Pond nearby. Carr Park is just moments away, with a new playground, splash pad, fitness area, basketball courts, and skate park. Easy access to public transportation makes commuting simple. Don't miss this one!

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: 856 sq ft (the lesser of 900 sq ft or half the 1,712 sq ft principal dwelling). Lot size: 5,516 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 MLS and other third-party data may be inaccurate or out of date.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$669,900
Annual Taxes$5,499

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood
BasementFull, Walk-Out Access, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningsf2

Property & Lot

Acres0.13
SqFt Lot5,516
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range

Neighborhood

Public Transportation • Park

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenBedroom 2Bathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 2
Lvl First
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Enis Shehu

Listing Office: Cameron Real Estate Group - Framingham

MLS® Number: 73581555