new - 7 days on rocket

52-54 Lyman Ave, Medford, MA, 02155

$2,200,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths, 1 Partial
3,964 SqFt
$555/SqFt
Multi

Location

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52-54 Lyman Ave, Medford$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built2024
BasementYes
MLS #73318884
Lot Size0.09 Acres
StatusActive

About 52-54 Lyman Ave

Investors and those seeking a 1031 exchange, take note! Owner occupants, look no further! Uncover this exceptional, fully renovated two-family home in the highly sought-after South Medford area. Stripped to the studs, this property boasts brand-new mechanical systems. Spanning four levels, the units feature 4 spacious bedrooms, 3 modern bathrooms, and an open living area. The design is impeccable, with high-quality finishes, stainless steel appliances, and elegant quartz countertops. Additional highlights include two off-street parking spots, private decks, and a shared patio perfect for entertaining. The location is prime, offering close proximity to Tufts University, major routes such as 16 and 93, Whole Foods, an array of restaurants, and the newly opened Green Line College Ave Station. This home offers a perfect blend of style and convenience in an outstanding location.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,964 SqFt

Listing Office:

  • Office Name: Encompass Property Solutions LLC
  • Office Phone: (617) 665-8866
  • Listing Agent: John Raposo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Other

Directions Information:

  • Directions: West St to Lyman, Orchard St to Lyman, Dearborn to Lyman, Cotting to Lyman

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $555/SqFt
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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

$850.2K

Med. Price/SqFt

$503

Avg. Days On Market

21

# of Sold Homes

32

52-54 Lyman Ave vs Medford

7 DAYS ON ROCKET

-14 Days

$2,200,000

+$1.3M More

$555/SqFt

+$51 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $51/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: #73318884

Listing Office:

  • Office Name: Encompass Property Solutions LLC
  • Office Phone: (617) 665-8866
  • Listing Agent: John Raposo

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.
Last updated on: 12/17/2024, 11:55:50 PM 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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$11K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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NMLS#3030

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-4304982
7
/10

  • Brooks Elementary School

  • 388 High St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-4304983
8
/10

  • Thompson

  • 187 Everett St

  • 0.78 miles

  • Public District Grades KG-5

school-card-donut-4304984
7
/10

  • Benjamin G Brown

  • 201 Willow Ave

  • 1.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,871. Most Medford, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›52-54 Lyman Ave

This home is located at 52-54 Lyman Ave in Medford, MA and zip code 02155. This 3,964 square foot home, which was built in 2024, sits on a 0.09 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $2,200,000.

In November 2024 more than 20 listings in Medford, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The number of listings in Medford, MA decreased by 26.1% between October 2024 and November 2024. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $850,200.

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

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