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71 Sheppard Ave Braintree — Photo 1 of 36

71 Sheppard Ave Braintree — Photo 1 of 36

$629,000

Investment Analysis — 71 Sheppard Ave

Braintree, MA 02184

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02184 carries an estimated $3,650/mo in gross rent — about a 4.33% cap rate and $27,231/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1

SqFt

1,462

Style

Single Family

Built

1940

Maybe your first home really does come with a white picket fence. Welcome to 71 Sheppard Avenue, a charming 1940s Cape that feels like the perfect place to put down roots in Braintree. With just under 1500 square feet of living space, four bedrooms, one full bath and a flexible two-level floor plan, there’s room to grow into this home and make it your own. Two fireplaces add warmth and character, while the unfinished basement offers plenty of additional storage and possibility. Outside, the manageable, flat and level lot gives you your own little piece of the outdoors — without spending every weekend maintaining it. But what makes a home like this special isn’t just the number of rooms. It’s imagining your first holiday here, planting something in your own backyard, painting the walls whatever color you want and knowing that, little by little, you’re building equity in something that belongs to you. Your first home doesn’t have to be your forever home. Sometimes it’s simply the home that gets you started — and this one just happens to come with the white picket fence.

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: 731 sq ft (the lesser of 900 sq ft or half the 1,462 sq ft principal dwelling). Lot size: 6,499 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$629,000
Annual Taxes$6,057

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces2
FlooringWood
BasementFull, Bulkhead

Climate & Utilities

HeatingForced Air, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
ZoningB

Property & Lot

Acres0.15
SqFt Lot6,499
Lot Features--

Amenities & Appliances

Water Heater

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Wood, Breakfast Bar / Nook

Family Room
Lvl First

Cathedral Ceiling(s), Flooring - Hardwood

Master Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Skylight, Flooring - Hardwood

Bedroom 4
Lvl Second

Skylight, Flooring - Hardwood

Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Beth Rooney

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73573827