Active

6 Days on market

59 Oakland St Medford — Photo 1 of 41

$964,999

Investment Analysis — 59 Oakland St

Medford, MA 02155 — Downtown Medford

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 3.18% cap rate and $30,709/yr in estimated NOI at the $964,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,240

Style

Single Family

Built

1900

Welcome to 59 Oakland Street, a beautifully maintained and thoughtfully updated 4-bedroom, 2-bathroom home offering 2,240 square feet in a highly sought-after Medford location. Situated near downtown Medford, the property offers easy access to shopping, restaurants, parks, public transportation, major highways including I-93 and Route 2, and Boston. Designed with both comfort and the future in mind, this home has been equipped with thoughtfully selected upgrades and systems intended to provide long term functionality and peace of mind. Features include a state of the art HVAC system with built-in humidifier and air filtration, a whole house water filtration system, and a backup generator. Smart home functionality allows many of the property’s systems and features to be conveniently controlled and monitored from a smartphone or mobile device, creating a modern, connected home designed for comfort, efficiency, and convenience. The generous layout provides ample space for everyday living, entertaining, and working from home. A walk-up attic offers exciting potential for additional living space and could be transformed into an oversized bedroom, home office, recreation room, or other flexible-use space. The private, spacious backyard provides an inviting outdoor retreat with plenty of room to entertain, relax, or enjoy time with family and friends. Combining substantial living space, thoughtful improvements, future expansion potential, and a prime Medford location, 59 Oakland Street offers a rare opportunity to own a home designed with both today and tomorrow in mind. Don’t miss the opportunity to see everything this special property has to offer. Property is being offered and sold in its present “AS-IS” condition. Solar panels are installed on the property but are currently disconnected. The existing solar agreement must be transferred to and assumed by the new Buyer at closing. Surround sound equipment, security cameras, and Wi-Fi networking equipment will remain with the property. First Open House: Saturday, October 3rd from 11:00 AM to 1:00 PM.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,240 sq ft principal dwelling). Lot size: 6,051 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.