
31 Greenhood St Dedham — Photo 1 of 42
$699,000
Investment Analysis — 31 Greenhood St
Dedham, MA 02026
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02026 carries an estimated $3,440/mo in gross rent — about a 3.47% cap rate and $24,274/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,456
Style
Single Family
Built
1924
Welcome to this charming Colonial in a convenient Dedham location, offering original character and thoughtful improvements inside and out! A new paver walkway leads to an updated covered front porch. Inside, the entryway features a built-in storage bench, and the adjacent sunroom offers flexible bonus space for a home office or mudroom. A bright, spacious living room with hardwood floors flows into the dining room, featuring a bay window and original built-in cabinet. The kitchen offers granite countertops, ample cabinet storage and stainless steel appliances. A newly added half bath completes the first floor. Upstairs are three good-sized bedrooms with hardwood floors and a large full bath. The improved walk-up attic offers excellent storage and future potential. Outside, the beautifully transformed outdoor space features a new, large composite deck directly off the kitchen, a landscaped backyard with a low retaining wall, custom raised planter beds, a storage shed and two-car off-street parking. The home also features a high-efficiency Navien gas heating and on-demand hot-water system. Ideally located near Dedham Square, Legacy Place, multiple commuter rail stations and major routes, with easy access to West Roxbury and downtown Boston.
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: 728 sq ft (the lesser of 900 sq ft or half the 1,456 sq ft principal dwelling). Lot size: 5,506 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood
Kitchen
Lvl FirstBathroom - Half, Flooring - Vinyl, Pantry, Countertops - Stone/Granite/Solid, Deck - Exterior, Slider, Stainless Steel Appliances
Primary Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Erin Vogt
Listing Office: Vogt Realty Group, LLC
MLS® Number: 73576167

