
7 S Stone Mill Dr #403 Dedham — Photo 1 of 28
$409,000
Investment Analysis — 7 S Stone Mill Dr #403
Dedham, MA 02026 — East Dedham
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02026 carries an estimated $2,420/mo in gross rent — about a 1.52% cap rate and $6,231/yr in estimated NOI at the $409,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
830
Style
Condominium
Built
1860
DEDHAM'S BEST KEPT SECRET! Fantastic opportunity to live in a fully renovated, graciously laid out condo with waterway views set on the grounds of an historic 19th century mill powered by the majestic Motherbrook Canal- the oldest man made canal in North America. High ceilings and tall windows add to the spacious feel of this unit. Kitchen features custom cabinetry, granite counters and stainless appliances. Garden level unit in an elevator building,hardwood floors, private storage unit,central air, parking space and in unit washer/dryer! Your private village community features a WATERFALL, a soon to be completed pedestrian bridge steps from your unit that leads to an original Mill building with an indoor pool, whirlpool and community room with full kitchen, games, books and internet. Repaved tennis/pickleball court. Truly a UNIQUE RETREAT that will delight you, yet just over a mile to Dedham Square and its independent movie theatre, cafes and outstanding restaurants. Close to 2 Commuter Rail stops, Route 95/128, Legacy Place Mall and Whole Foods. Enjoy art classes and exhibits around the corner at Motherbrook Arts Center. On site management company. Seller is paying special assessment for major property improvements in progress. Ask agent about MORTGAGE INTEREST RATE REDUCTION offered by Seller
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 MLS and other third-party data may be inaccurate or out of date.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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Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl null23 x 20
Flooring - Hardwood, Exterior Access, Lighting - Sconce
Dining Room
Lvl nullCeiling Fan(s), Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl null11 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl null20 x 13
Flooring - Hardwood
Listing Agent: Hannah Kantor
Listing Office: ETCH Realty, LLC
MLS® Number: 73574750

