2 months on rocket

57 Edward, Medford, MA, 02155

$1,750,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
2,604 SqFt
$672/SqFt
Multi
Schools Nearby

Location

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57 Edward, Medford$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1913
HeatingForced Air
CoolingNone
BasementYes
MLS #73197344
Lot Size0.24 Acres
StatusActive

About 57 Edward

REDEVELOPMENT OPPORTUNITY: Welcome to 57 Edward St in Medford. An early 1900’s (2) family located on a 10,500 SF lot w/ 70’ SF of frontage and 150’ SF of depth. This 6-bedroom 3-bathroom property is in a General Residence (GR) zone and offers a unique opportunity for developers, investors, or an owner occupant. The parcels frontage and depth SF present an opportunity to subdivide the lot into two separate parcels (Edward Street & Bennett Place), building options vary. The property is minutes from Tufts University, Assembly Row, and the Encore Casino. It’s highlighted by its proximity to the city of Boston and easy access to I-93. The property is surrounded by multiple forms of transportation to get you in and out of the city in 20 minutes or less (e.g., Ball Square Station (Green Line), Wellington Station (Orange Line), and W. Medford Station (Commuter Rail).

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 2,604 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate - Newbury Street
  • Listing Agent: Harry McCall

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Wood, Carpet, Vinyl / VCT, Unit 1(undefined), Unit 3(Tile Floor)
  • Interior: Mudroom, Unit 1(Ceiling Fans, Bathroom with Shower Stall, Internet Available - Unknown), Unit 2(Bathroom with Shower Stall, Other (See Remarks)), Unit 3(Ceiling Fans, Cathedral/Vaulted Ceilings, Bathroom with Shower Stall, Internet Available - Unknown, Other (See Remarks)), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Other (See Remarks)), Unit 3 Rooms(Living Room, Kitchen, Office/Den)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Storage Shed

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Main to Dexter to Edward Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $672/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0
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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

$805.1K

Med. Price/SqFt

$490

Avg. Days On Market

26

# of Sold Homes

39

57 Edward vs Medford

88 DAYS ON ROCKET

+62 Days

$1,750,000

+$944.8K More

$672/SqFt

+$182 More

KEY TAKEAWAY

This property is $944.8K more than the Median Sold Price and $182/SqFt more 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: #73197344

Listing Office:

  • Office Name: Douglas Elliman Real Estate - Newbury Street
  • Listing Agent: Harry McCall

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: 4/27/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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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-1204292
3
/10

  • Christopher Columbus

  • 37 Hicks Ave

  • 0.08 miles

  • Public District Grades PK-5

school-card-donut-1204293
4
/10

  • John J Mcglynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-1204294
9
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 0.68 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,469. Most Medford, MA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›57 Edward

This home is located at 57 Edward in Medford, MA and zip code 02155. This 2,604 square foot home, which was built in 1913, sits on a 0.24 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $1,750,000.

Over 18 listings were sold over their listed price in March 2024 in Medford, MA. In the same period over 7 listings were sold below the listed price and 14 listings were sold for the listed price. The number of homes for sale in Medford, MA increased by 1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $805,140, while the average time on the real estate market was 26 days.

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

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