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15 Mills Street Dedham — Photo 1 of 37

15 Mills Street Dedham — Photo 1 of 37

$879,000

Investment Analysis — 15 Mills Street

Dedham, MA 02026 — Fairbanks Park

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 2.77% cap rate and $24,351/yr in estimated NOI at the $879,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,047

Style

Single Family

Built

1910

Nestled on a picturesque street in the highly sought-after Fairbanks Park neighborhood, this beautifully updated and expanded Colonial offers the perfect blend of classic charm, modern updates, and exceptional living space. A welcoming foyer featuring elegant wainscoting, detailed moldings, and stunning stained-glass windows sets the tone for the home's timeless appeal. The sun-filled front parlor provides a versatile space ideal for a home office, reading room, or quiet retreat. The updated kitchen is appointed with granite countertops and stainless steel appliances and opens seamlessly to the dining room, creating a comfortable flow for everyday living and entertaining. A thoughtfully designed addition provides direct access from the driveway and backyard to a spectacular family room featuring soaring ceilings, expansive windows, hardwood floors, and an oversized double closet. A convenient half bath and first-floor laundry complete the main level. Upstairs, the charm of the original home continues with four bedrooms and a spacious family bath with an oversized granite vanity and tiled tub and shower. Privately situated, the primary suite offers vaulted ceilings, new carpeting, generous closet space, and a peaceful retreat at the end of the day. The expanded lower level adds valuable living space with a fantastic playroom, full bath, and sauna, providing flexibility for recreation, guests, or work-from-home needs. Outside, the beautifully landscaped property shines with a fenced backyard, covered patio, and colorful seasonal gardens, creating the perfect setting for relaxing or hosting family and friends. Ideally located just minutes from major highways and commuter routes, and within walking distance of two commuter rail stations, the Endicott Estate, the library, and vibrant Dedham Square, this exceptional home offers both convenience and charm in one of Dedham's most desirable neighborhoods.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,047 sq ft principal dwelling). Lot size: 5,400 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$879,000
Annual Taxes$10,305

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Carpet, Hardwood, Flooring - Hardwood
BasementNone

Climate & Utilities

HeatingBaseboard, Oil, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningB

Property & Lot

Acres0.12
SqFt Lot5,400
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
OfficePrimary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Basement
Bathroom 3
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Stained Glass, Crown Molding

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Stained Glass, Chair Rail, Lighting - Overhead, Crown Molding

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled, Stainless Steel Appliances

Office
Lvl Second

Flooring - Hardwood, Lighting - Overhead

Family Room
Lvl First

Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Cable Hookup, Exterior Access, Recessed Lighting, Closet - Double

Primary Bedroom
Lvl Second

Skylight, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Closet - Double

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Crown Molding

Bedroom 4
Lvl Second

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Lighting - Sconce

Bathroom 3
Lvl Basement

Bathroom - Full, Bathroom - With Shower Stall, Steam / Sauna

Property History

Listed
$879,000

Sep 30, 2026

MLS® 73584935

Terminated
$919,000

Sep 25, 2026

MLS® 73554330

Listed
$919,000

Jul 23, 2026

MLS® 73554330

Listing Provided By

Listing Agent: Amy Black

Listing Office: Donahue Real Estate Co.

MLS® Number: 73584935