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Active Under Contract
6 Days on market
2 Elm Street #B Medway — Photo 1 of 39

2 Elm Street #B Medway — Photo 1 of 39

$450,000

Investment Analysis — 2 Elm Street #B

Medway, MA 02053

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02053 carries an estimated $3,080/mo in gross rent — about a 4.89% cap rate and $22,015/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,377

Style

Condominium

Built

1986

Welcome to 2B Elm Street! Tucked away on a side street yet conveniently located near the center of Medway, this inviting 3-bedroom, 1.5-bath home offers 1,377 square feet of comfortable living space and plenty of outdoor room to enjoy. The expansive backyard and beautiful multi-level deck create an ideal setting for relaxing, entertaining, or enjoying summer evenings outdoors. Inside, the home offers a practical layout with three bedrooms and one and a half baths. Best of all, there are NO CONDO FEES, making this a wonderful opportunity for buyers looking for the convenience of a great location without the added expense of condo ownership. Close to Medway's town center, local shops, restaurants, schools, and community amenities. Don't miss the opportunity to make 2B Elm Street your new home!

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 MLS and other third-party data may be inaccurate or out of date.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

Immersive Experience

No longer available to tour

Property Details

Financials

Original Price$450,000
Annual Taxes$6,075

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Vinyl, Carpet, Laminate, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingElectric Baseboard
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningARII

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

14 x 11

Ceiling Fan(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Dining Room
Lvl First

11 x 12

Flooring - Wall to Wall Carpet, Deck - Exterior, Slider, Lighting - Overhead

Kitchen
Lvl First

15 x 12

Flooring - Vinyl, Deck - Exterior, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl Second

20 x 8

Ceiling Fan(s), Closet, Flooring - Laminate, Lighting - Overhead

Bedroom 2
Lvl Second

11 x 10

Bedroom 3
Lvl Second

11 x 10

Ceiling Fan(s), Closet, Lighting - Overhead

Bathroom 1
Lvl First

4 x 5

Bathroom - Half

Bathroom 2
Lvl Second

6 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate

Listing Provided By

Listing Agent: Team Rice

Listing Office: REMAX Executive Realty

MLS® Number: 73584941