Residential Income Property with
For Sale
$429,900
190 High St, Medford, MA 02155
Residents have access to a pool, fitness room, clubhouse, library and meeting room.
Property Size1,192 SF
Price / SF$360.65
Days on Market138
Property Features for 190 High St
General Information
Standard status
Active
Size
1,192 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
in-unit laundry
balcony
pool
clubhouse
fitness room
library
meeting room
Range
Dishwasher
Disposal
Refrigerator
Washer/Dryer
Wall Unit(s)
Vinyl
Carpet
Laminate
Electric
1.0 Story
$4,315 Taxes
Public
Built in 1976
Building Details
Year Built
1976
Listing Agency:
Century 21 North East
(781) 395-2121
Listed By:
Peter T. Phillips
Source:
Donahuere
Added: May 21
Changed: Oct 4
Last Checked: Oct 4 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East
Investment Insights
Based on property information with market context.
This 1,192-square-foot corner condominium, built in 1976, has an open living and dining area, two bedrooms and two full bathrooms. The primary bedroom includes an en-suite bath, and the second bathroom is off the hallway. In-unit laundry and a long balcony with storage add practical features; sliding doors connect the balcony to the living room and both bedrooms.
Building amenities include an in-ground pool, detached clubhouse, fitness room, library and meeting room. The property is a short distance from Medford Square, with shopping, dining, a public library, medical facility and Chevalier Theatre in the area.
Building amenities include an in-ground pool, detached clubhouse, fitness room, library and meeting room. The property is a short distance from Medford Square, with shopping, dining, a public library, medical facility and Chevalier Theatre in the area.
Key Highlights
- 1,192‑square‑foot corner condominium
- Two bedrooms and two full bathrooms, including an en‑suite bath
- Long balcony with storage and sliding‑door access from the living room and both bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,717
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,340
$474.3K
Cap Rate 7%
$338,814
$338.8K
Cap Rate 9%
$263,522
$263.5K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$45.5K $38.16/SF
− Vacancy
−$2.4K −$1.98/SF
EGI
$43.1K $36.18/SF
− OpEx
−$19.4K −$16.28/SF
NOI
$23.7K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,340
Cap Rate 7%
$338,814
Cap Rate 9%
$263,522
Alternative Uses
Best Use
Apartment 5plus
$338.8K
$296.5K – $395.3K
NOI $23,717 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$705.7K
$617.5K – $823.3K
NOI $49,396 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,693
Businesses Nearby
Explore this area
Business Placement
Demographics for 02155, MA
61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a pool, fitness room, clubhouse, library and meeting room.
Where is this residential income property located?
The property is located at 190 High St Medford, MA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: 1,192‑square‑foot corner condominium; Two bedrooms and two full bathrooms, including an en‑suite bath; Long balcony with storage and sliding‑door access from the living room and both bedrooms
