548 High Street Medford, MA 02155
Two-family home in West Medford with renovated kitchens and hardwood floors.
Property Features for 548 High Street
General Information
- Standard status
- Active
- Size
- 3,499 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1910
Listing office Red Tree Real Estate (617) 487-8015
Listing date Apr 20, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Excellent Location: Moments to Route 2 and I93 Expressways, and minutes to West Medford MBTA Station.
- Two‑Family Home: Ideal for owner‑occupancy with rental income potential.
- Unit #2 Features: Three bedrooms, central A/C, renovated bathroom, and exclusive use of the rear patio.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.3k | $31.80 |
| − Vacancy | −$5.5k | −$1.57 |
| EGI | $105.8k | $30.23 |
| − OpEx | −$31.7k | −$9.07 |
| NOI | $74.0k | $21.16 |