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29 Myrtle Street Dedham — Photo 1 of 34

29 Myrtle Street Dedham — Photo 1 of 34

$565,000

Investment Analysis — 29 Myrtle Street

Dedham, MA 02026

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02026 carries an estimated $3,800/mo in gross rent — about a 4.96% cap rate and $28,007/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

1.5

SqFt

1,655

Style

Single Family

Built

1890

Set back from the street, this sweet c.1890 Cape is brimming with character and ready for its next chapter. Featuring 3 bedrooms and 1.5 baths, this home is a fantastic opportunity for first time home buyers or investors looking to get into the market or add value. A beautiful stone decorative fireplace is the focal point in the large light filled living room. The eat-in kitchen has already been updated with beamed ceilings, granite counters, and island seating, an ideal setting for everyday meals or a gathering with family and friends. A versatile additional room on the first floor would serve as an excellent home office or possible fourth bedroom.The second floor consists of 3 bedrooms and a full bath, including a primary bedroom with excellent closet space and room for a desk or reading nook. The front porch overlooks a small, but fully fenced yard and detached garage offering potential as a future studio or workshop.Conveniently located near schools, Endicott Estate and library, Legacy Place, several commuter rail stations, and Dedham Square – this is a rare chance to bring your vision to a home with charm and character in a sought-after area. Being sold “as is”, price to reflect the opportunity.

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: 828 sq ft (the lesser of 900 sq ft or half the 1,655 sq ft principal dwelling). Lot size: 3,800 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

Original Price$565,000
Annual Taxes$6,649

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Carpet, Hardwood
BasementFull, Dirt Floor, Unfinished

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningG

Property & Lot

Acres0.09
SqFt Lot3,800
Lot FeaturesEasements, Level

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer

Neighborhood

Public Transportation • Highway Access • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeBedroom 3Bedroom 4Bedroom 5Bathroom 2
First
Living RoomKitchenBedroom 2Bathroom 1
Living Room
Lvl First

14.7 x 19.3

Kitchen
Lvl First

27 x 12

Office
Lvl Second

14.9 x 5.6

Bedroom 2
Lvl First

12.11 x 9.5

Bedroom 3
Lvl Second

16.6 x 9.5

Bedroom 4
Lvl Second

12.11 x 9.4

Bedroom 5
Lvl Second
Bathroom 1
Lvl First

4.3 x 2

Bathroom - Full

Bathroom 2
Lvl Second

9.7 x 7.4

Bathroom - Full

Listing Provided By

Listing Agent: Hope Mcdermott

Listing Office: Hope McDermott Real Estate

MLS® Number: 73579415