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Home Massachusetts Medford Apartments

Medford 4 beds 2 baths - $4,185

Available: 09-01-2024
31 Photos
$4,185/mo
4 Beds
2 Baths
Available: 09/01/2024
Medford, MA
124 Bonner Ave, Medford, MA 02155
Listing courtesy of Julian Lewis, Fortune RE

Amenities & Apartment Information

Unit

Pet Friendly

Property Description

VERY LARGE, Beautifully RENOVATED, OPEN LIVING SPACE, 2nd and 3rd floor of a meticulously maintained 2 family house on quiet tree lined street... 4 Good sized bedrooms, Eat in kitchen ( with all new STAINLESS STEEL APPLIANCES) LARGE, OPEN LIVING ROOM & DINING ROOM w/ Decorative Fireplace, 2nd small Living room ( or large study) between the 2 3rd floor bedrooms... There is a 5th BR (which is a renovated porch that is 7 feet wide by 26 feet long) 3 minute drive to entrance to RT 93 ( into BOSTON or heading north), very close to Somerville/ Ball ( 10 minutes walk) sq & Davis Square ( 20 minutes walk), ***ENORMOUS FENCED YARD***, there is a driveway with 3 or 4 tandem parking spaces avail for rent or street parking is easy. Parking negotiable.

Price Comparison

This apartment is 2.97% less expensive than the average price of $4,313 for 4 bedroom apartments in Medford. Congratulations on finding a great apartment that is below the average rent price in Medford. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 4 Bedroom Apartments in Medford

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$152,182 - $200,880

You + 3 Roommates, Each:

$41,850 - $50,220
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$5,859

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Mid Range

25% of Gross Income

$4,185

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Low Range

15% of Gross Income

$2,511

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Have You Considered Buying
Your Own Home?

Instead of paying $4,185/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.