
83-85 Kenmere #1 Medford — Photo 1 of 20
$965,000
Investment Analysis — 83-85 Kenmere #1
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 2.17% cap rate and $20,988/yr in estimated NOI at the $965,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,050
Style
Condominium
Built
1900
Freshly reimagined and extensively renovated while preserving its original character, this welcoming residence offers a versatile layout across two levels. On the main level, high ceilings and refinished hardwood floors set the tone. The kitchen—a stylish blend of warm walnut tones, white Quartz countertops, and stainless steel appliances—anchors the open floor plan, which comfortably accommodates both a dining area and a generous living room. This level also contains a bedroom and full bathroom, ideal for single-level living, privacy for overnight guests, or a home office.The finished lower level has new wood flooring, two more bedrooms—including a primary suite with a separate sitting/dressing area—plus laundry hookups and storage. All three bathrooms feature tile floors, tiled shower surrounds, Delta fixtures, and radiant heat; the primary bath has a walk-in glass shower.The all-electric home offers mini-split heating/cooling, an EV charger, and a smart entry with Ring doorbell. The two-unit association shares a yard, with each unit getting a private pergola and two deeded parking spaces. New roof, windows, siding, and paint complete the exterior. Located in Medford's Glenwood neighborhood, the home offers bus access to the Orange Line (Wellington/Malden Center), quick I-93 access to Boston and Logan (~10 minutes), and proximity to Target, Wegmans, Medford Square, and the Mystic River Reservation—all within about a mile.
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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Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
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Floorplan Breakdown
Structural Layout
Living Room
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Lvl BasementListing Agent: Liz & Ellie Local
Listing Office: Compass
MLS® Number: 73580904