15 days on rocket

116-118 Summer St, Medford, MA, 02155

$1,149,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Full Baths
2,869 SqFt
$400/SqFt
Multi
Schools Nearby

Location

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116-118 Summer St, Medford$1,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1910
MLS #73236785
Lot Size0.10 Acres
StatusActive

About 116-118 Summer St

Located in close proximity to Tufts University and less than a mile form the MBTA Green Line, the property is a well maintained two-unit property with value-add components. The first-floor lives like an owners unit, with recent upgrades such as custom bath, custom sound system, updated kitchen, in unit washer & dryer, and an additional bonus room to serve as a dining room or home office. The second-floor unit features a five-bedroom two-bathroom layout which allows investors or owner occupiers to maximize their stream of income. In the rear of the building, ample outdoor space and multiple off street private parking spaces complete the asset.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 2,869 SqFt

Listing Office:

  • Office Name: Boston Realty Advisors
  • Listing Agent: Kevin Benzinger

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: 116-118 Summer Street, Medford, MA

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,000
  • Price Per SqFt: $400/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Medford, MA.

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Medford, MA

City

Med. Sold Price

$826.1K

Med. Price/SqFt

$499

Avg. Days On Market

26

# of Sold Homes

38

116-118 Summer St vs Medford

15 DAYS ON ROCKET

-11 Days

$1,149,000

+$322.8K More

$400/SqFt

-$100 Less

KEY TAKEAWAY

This property is $322.8K more than the Median Sold Price and $100/SqFt less than other homes in Medford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73236785

Listing Office:

  • Office Name: Boston Realty Advisors
  • Listing Agent: Kevin Benzinger

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/29/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,511

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4121850
4
/10

  • John J Mcglynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-4121851
3
/10

  • Milton Fuller Roberts

  • 35 Court St

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-4121852
4
/10

  • Christopher Columbus

  • 37 Hicks Ave

  • 0.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,583. Residents of Medford, MA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›116-118 Summer St

This home is located at 116-118 Summer St in Medford, MA and zip code 02155. This 2,869 square foot home, which was built in 1910, sits on a 0.10 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $1,149,000.

In April 2024, from all listings sold in Medford, MA there were more than 24 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. In April 2024 in Medford, MA there were 14% more homes for sale than in March 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $826,166.

From Rocket Homes Real Estate and based on county public records data.

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