Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    RE/MAX ANDREW REALTY SERVICES

    12 High Street, Medford, MA 02155
    (781) 395-7676
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Residential Multi Family
    • Commercial Lease
    • Commercial Sale
    • Land

    Listings

    For Sale (15)

    View map
    Versatile Two-Family Property in Malden
    $929,000
    2,390 SF

    Versatile Two-Family Property in Malden

    Two-family property in Malden with flexible layout and ample parking.

    292 Broadway, Malden, MA 02148
    View details
    Rowley Land For Sale
    $2,300,000
    1.49 Acres

    Rowley Land For Sale

    1.49-acre corner lot with development potential and highway access.

    1 Confidential Way, Rowley, MA 01969
    View details
    Former Equestrian Property on 24 Acres
    $3,500,000
    4,648 SF

    Former Equestrian Property on 24 Acres

    Unique equestrian property with farmhouse and outbuildings on 24 acres.

    64 Arch St, Westborough, MA 01581
    View details
    Easton, MA Homesite Opportunity
    $650,000
    4.08 Acres

    Easton, MA Homesite Opportunity

    Approved 4+ acre homesite in Easton, MA, ready to build.

    Winterberry Ln, Easton, MA 02356
    View details
    Woburn Multifamily Investment Opportunity
    $750,000
    9,999 SF

    Woburn Multifamily Investment Opportunity

    Two homes on one lot, ideal for investors/contractors.

    66-70 Park St, Woburn, MA 01801
    View details
    Renovated Three-Family Near Revere Beach
    $1,349,900
    3,459 SF

    Renovated Three-Family Near Revere Beach

    Fully renovated three-family property near Revere Beach and public transportation.

    1661 N Shore Rd, Revere, MA 02151
    View details
    Leominster Four-Family Investment Opportunity
    $879,000
    3,630 SF

    Leominster Four-Family Investment Opportunity

    Well-maintained four-family property in Leominster with spacious units.

    33-35 Lancaster St, Leominster, MA 01453
    View details
    Renovated Multifamily Near Stony Brook
    $2,400,000
    4,300 SF

    Renovated Multifamily Near Stony Brook

    Immaculate, renovated 6-unit building near Stony Brook Orange Line.

    39-41 W Walnut Park, Boston, MA 02119
    View details
    Medford Two-Family Home For Sale
    $949,000
    2,210 SF

    Medford Two-Family Home For Sale

    Well-maintained two-family in prime location, ideal for owner-occupants or investors.

    141 4Th St, Medford, MA 02155
    View details
    Three-Unit Residential Investment
    $2,150,000
    3,810 SF

    Three-Unit Residential Investment

    Three-unit Boston property positioned for strong rental demand with convenient public transit access.

    19 Claymoss Rd, Boston, MA 02135
    View details
    Development Opportunity on Mystic Avenue
    Contact for pricing

    Development Opportunity on Mystic Avenue

    Three contiguous parcels totaling 40,000 sq. ft. for sale.

    67-73-81 Mystic Ave, Medford, MA 02155
    View details
    Spacious Medford Square Office Condo
    Contact for pricing
    3,357 SF

    Spacious Medford Square Office Condo

    Versatile 3,357 sq ft office condo in Medford Square.

    92 High St, Medford, MA 02155
    View details
    Medford Triplex Near Wellington Station
    Contact for pricing
    3,183 SF

    Medford Triplex Near Wellington Station

    Spacious three-family home in a desirable, convenient Medford location.

    21-23 7Th St, Medford, MA 02155
    View details
    Spacious Office Condo in Medford
    Contact for pricing

    Spacious Office Condo in Medford

    Expansive professional office condo in a high-visibility Medford location.

    92 High St, Medford, MA 02155
    View details
    Wellington Three-Family Home
    Contact for pricing

    Wellington Three-Family Home

    Spacious three-family home near MBTA and Assembly Row.

    21-23 7Th St, Medford, MA 02155
    View details

    For Lease (5)

    View map
    Former Parish Center For Lease
    $8 SF/Yr
    62,291 SF

    Former Parish Center For Lease

    Spacious 17,000 SF former parish center on 1.43 acres.

    401 Fellsway W, Medford, MA 02155
    View details
    Former Convent and Dormitory Lease
    $15 SF/Yr
    100,188 SF

    Former Convent and Dormitory Lease

    Versatile Medford commercial space, convenient location, ample parking.

    2520 Mystic Valley Pkwy, Medford, MA 02155
    View details
    Private Office Space Included Utilities
    $700 / Mo
    998 SF

    Private Office Space Included Utilities

    Well-maintained office space with included utilities and ample parking.

    348 Park St, North Reading, MA 01864
    View details
    Former Convent and Dormitory Space
    Contact for pricing

    Former Convent and Dormitory Space

    Versatile 20,000 SF building on Route 16 for lease.

    2520 Mystic Valley Pkwy, Medford, MA 02155
    View details
    Former Parish Center For Rent
    Contact for pricing

    Former Parish Center For Rent

    17,000 SF former Parish Center available for lease.

    401 Fellsway West, Medford, MA 02155
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    RE/MAX ANDREW REALTY SERVICES
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX ANDREW REALTY SERVICES
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!