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16 Saint James Ave Norwood — Photo 1 of 39

16 Saint James Ave Norwood — Photo 1 of 39

$970,000

Investment Analysis — 16 Saint James Ave

Norwood, MA 02062

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02062 carries an estimated $3,380/mo in gross rent — about a 2.35% cap rate and $22,825/yr in estimated NOI at the $970,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

3,302

Style

Single Family

Built

2005

Stunning, meticulously maintained 3,302 sq. ft. YOUNG 2005 colonial offering exceptional craftsmanship and pride of ownership throughout. This well-built residence features a generous living room with a corner gas fireplace and a gorgeous kitchen equipped with cherry cabinets, granite countertops, an eye-catching tumbled stone backsplash, stainless steel appliances, and an oversized center island. LARGE WALK IN PANTRY off Kitchen. The formal dining room opens directly through patio doors to the deck, while a versatile family room, office, or fourth bedroom completes the main level alongside gorgeous hardwood floors. Upstairs, the luxury primary suite boasts a cathedral ceiling, an Elfa high-end walk-in custom closet, and an expansive bathroom with an extra-large shower and double vanity, complemented by two additional generous size bedrooms, a main bath, and separate laundry. The finished walk-out basement highlights soaring 11-foot ceilings, a new half bath, a massive walk-in closet, and DIRECT ACESS to a covered patio, creating a wonderful setup for a future in-law or extended family suite. Recent updates include a brand-new full deck, interior stairs, railings, a gate, a garage lighting update, new EV Charger, a new refrigerator, and a custom primary closet. FENCED BACK YARD. Quiet side Street but Perfectly positioned as a commuter's delight within a short walk to Norwood Central, on the local bus line, and minutes to all major highways.

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 3,302 sq ft principal dwelling). Lot size: 7,986 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.

Property Details

Financials

Original Price$970,000
Annual Taxes$8,001

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Carpet, Hardwood, Flooring - Engineered Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.18
SqFt Lot7,986
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenBedroom 4
Basement
Office
Main,Basement
Family Room
Main,First
Bathroom 1
Living Room
Lvl First

16 x 21

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

16 x 14

Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan

Kitchen
Lvl First

13 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant

Office
Lvl Basement

Flooring - Engineered Hardwood

Family Room
Lvl Main,Basement

16 x 34

Bathroom - Half, Walk-In Closet(s), Closet/Cabinets - Custom Built, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Remodeled, Lighting - Overhead, Flooring - Engineered Hardwood

Primary Bedroom
Lvl Second

14 x 26

Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

13 x 18

Bedroom 3
Lvl Second

11 x 14

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl First

13 x 13

Flooring - Hardwood

Bathroom 1
Lvl Main,First

10 x 6

Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

10 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity

Bathroom 3
Lvl Second

11 x 8

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity

Listing Provided By

Listing Agent: Anne Fahy

Listing Office: Coldwell Banker Realty - Canton

MLS® Number: 73584140