
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First16 x 21
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl First16 x 14
Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan
Kitchen
Lvl First13 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 BasementFlooring - Engineered Hardwood
Family Room
Lvl Main,Basement16 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 Second14 x 26
Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13 x 18
Bedroom 3
Lvl Second11 x 14
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl First13 x 13
Flooring - Hardwood
Bathroom 1
Lvl Main,First10 x 6
Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second10 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity
Bathroom 3
Lvl Second11 x 8
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity
Listing Agent: Anne Fahy
Listing Office: Coldwell Banker Realty - Canton
MLS® Number: 73584140







