
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First14.7 x 19.3
Kitchen
Lvl First27 x 12
Office
Lvl Second14.9 x 5.6
Bedroom 2
Lvl First12.11 x 9.5
Bedroom 3
Lvl Second16.6 x 9.5
Bedroom 4
Lvl Second12.11 x 9.4
Bedroom 5
Lvl SecondBathroom 1
Lvl First4.3 x 2
Bathroom - Full
Bathroom 2
Lvl Second9.7 x 7.4
Bathroom - Full
Listing Agent: Hope Mcdermott
Listing Office: Hope McDermott Real Estate
MLS® Number: 73579415

