222 Sprague St Dedham — Photo 1 of 32
$499,000
Investment Analysis — 222 Sprague St
Dedham, MA 02026
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02026 carries an estimated $2,870/mo in gross rent — about a 4.17% cap rate and $20,783/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,140
Style
Single Family
Built
1910
This charming and affordable home in Dedham, MA, offers a peaceful backyard, two driveways, and a garage. The home features an open floor plan with a spacious living room, kitchen, and an upstairs loft that was previously used as a third bedroom and/or storage space. The property has been well cared for over the past decade and has recently been refreshed with new interior paint and new flooring throughout, making it truly move-in ready. Located in a highly desirable area, the home is surrounded by properties valued in the millions, offering an exceptional opportunity to own in a sought-after neighborhood. For those looking to expand, the seller is also offering rough plans for a potential addition that could transform the home into approximately 3,200 square feet. If approved and completed, the expansion could significantly increase the home's size and potentially enhance its future value and equity. Prefer to keep the home as-is? You’ll still have a wonderful move-in-ready property at an attractive price, with plenty of character and potential. This is an opportunity you won’t want to miss! Schedule your private tour today.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 570 sq ft (the lesser of 900 sq ft or half the 1,140 sq ft principal dwelling). Lot size: 10,914 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 18
Dining Room
Lvl First6.25 x 9.166666666
Kitchen
Lvl First13 x 8
Primary Bedroom
Lvl Basement19 x 8.75
Bedroom 2
Lvl Basement7 x 17
Bedroom 3
Lvl Second9 x 18
Bathroom 1
Lvl null6 x 5
Property History
$499,000
Sep 17, 2026
MLS® 73579022
$112,900
Jan 31, 2011
MLS® 71090316
$112,900
Jun 3, 2010
MLS® 71090316
Listing Agent: G&G Realty Group
Listing Office: StartPoint Realty
MLS® Number: 73579022
