17 Cobb Street Medford — Photo 1 of 22
$689,000
Investment Analysis — 17 Cobb Street
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 4.26% cap rate and $29,347/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,496
Style
Single Family
Built
1917
Set on a quiet dead-end street in desirable Fulton Heights, this well-cared-for Medford home offers a wonderful blend of indoor comfort, outdoor space and convenient access to area amenities. Numerous improvements have been completed within the past 10 years, including the roof, siding, windows, bathrooms, hardwood flooring, kitchen cabinetry and backyard irrigation system. The spacious kitchen features granite countertops, a breakfast bar, abundant cabinetry and room for a dining table, with doors leading directly to the deck, patio, above ground pool and fenced backyard. The main level also offers laundry and a conveniently located half bath. Hardwood floors in the bright living room, highlighted by a large picture window and decorative fireplace. Upstairs are three bedrooms, including a primary bedroom with a vaulted ceiling, skylight and generous closet, plus an updated full bath with a tiled walk-in shower. A storage shed and extended driveway add to the home’s functionality. Ideally situated near Route 93, Medford Square and Wright’s Pond.
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: 748 sq ft (the lesser of 900 sq ft or half the 1,496 sq ft principal dwelling). Lot size: 5,648 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First28.5 x 11.7
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl null11.11 x 7.2
Flooring - Stone/Ceramic Tile
Kitchen
Lvl First16.9 x 9.5
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Primary Bedroom
Lvl Second15.6 x 10.8
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second11.1 x 11.1
Bedroom 3
Lvl Second8.6 x 11.1
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First4.5 x 4.5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second7.2 x 4.9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Guy Contaldi
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73580318
