Medfield Investment Properties

The town of Medfield is a quiet, elegant and well-maintained community located around 17 miles southwest of Boston, in Massachusetts' Norfolk County. With a population of over 12,000, it offers a direct 40-minute commute to the downtown financial district in Boston. The community has been in place for centuries, and the incorporation of the town by British settlers dates from 1651. The community is bordered by the Charles River, with other small towns surrounding the community.

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Meanwhile, the river itself and the parks that surround it provide a range of recreational and outdoor opportunities for the residents of the community. It also provides a lovely place for some of the town's exciting properties, offering a river view and water access. Large green spaces include miles of nature trails, fishing ponds and open fields for picnics, barbecues and other family gatherings, making the area appealing to young families and other that value outdoor opportunities. The community is also home to Kingsbury Pond, which features public fishing and winter ice-skating for family-friendly entertainment. Other forms of sports activities are also easily located here, with tennis courts, baseball diamonds, playgrounds and soccer fields in use by recreational, school and pick-up teams and games.

Many of the town's buildings date from the older era of the community's development, some dating back centuries with historic listings. More modern options are also widely available for people who prefer newer construction and the amenities that accompany it.

The community also offers a range of transit and transportation options. Drivers can easily access major roads like Route 128, Route 1A, I-95 and I-495. There are two airports within 30 miles of the town and six Amtrak train stations within 30 miles. Many residents drive to work for an average of 37 minutes, but nearly 10 percent take public transit and another seven percent take advantage of their proximity to other Boston workers to organize carpools. If you would like to consider becoming a part of the exciting, elegant property environment in this community, talk with Boston City Properties. Contact us and our dedicated staff can advise you about the next steps for your rise on the property ladder.

Multi-Family Homes

Multi-family homes in Medfield are often spacious options, including duplexes, triplexes and quad-plexes. Their architectural style fits well with the classic colonial looks of homes in the town. Some multi-family properties were purpose-built to host several groups of residents, while other properties were later subdivided into several smaller apartments. The basement and outdoor yard access offered by many multi-family properties here make them appealing rental candidates for young families, larger families and other long-term tenants who prize stability and care for a home. These investment options can be an excellent source of income with multiple reliable tenants enjoying the luxury and amenities offered by the community.

Banks and other mortgage providers may look favorably on the purchase of multi-family properties in the town when offering financing, especially as the rental market in the community is solid and appealing. Government-backed loans and other forms of investment financing are also available to people exploring rental housing investment opportunities.

Single-Family Homes

Single-family properties are the classic type of town property, often large, expansive and elegant. Some offer waterfront views and river access, while others are closer to the classic small-town commercial center of the community. Many single-family homes are well-located for easy access to a daily commute, and many offer three, four bedrooms or more. These can be excellent options for people who work from home and need office space, families or even groups of people looking to establish a shared home. There are classic, historic options as well as newer construction properties available in the community, requiring different levels of maintenance and attention.

Condo Properties

Another great investment option can be a condominium in the community. These properties can be a traditional apartment or a townhouse, but they are located in a community that provides many maintenance and outdoor services in exchange for an ongoing monthly fee. These types of apartments and townhomes often offer amenities like gyms, sports clubs, pools and other appealing options and can be enticing for renters looking for an enjoyable, modern experience.

Commercial Properties

Commercial real estate can also be an attractive investment. The historic town center offers spaces that can provide a home to dining and retail opportunities, while other types of businesses and offices, from insurance to medical to banking, are also attracted to setting up shop in the community. Office space, restaurant opportunities and retail spaces can all provide excellent investment choices.

Average home prices in Medfield reflect the elegant nature of the community, with a median of $810,450. These prices have been on a consistent rise over time, reflected also in a rising value per square foot of local properties. Rent in Medfield also reflects the value of homes here, with an approximate median rate of $3,000 per month. If you would like to be a part of this upscale, enticing community, contact Boston City Properties today to learn more about the investment environment and the types of properties that may be best suited for your vision.

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