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22 Elmwood Avenue Dedham — Photo 1 of 41

22 Elmwood Avenue Dedham — Photo 1 of 41

$649,000

Investment Analysis — 22 Elmwood Avenue

Dedham, MA 02026 — Endicott

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02026 carries an estimated $2,870/mo in gross rent — about a 2.89% cap rate and $18,728/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,065

Style

Single Family

Built

1925

This classic, beautifully maintained Craftsman bungalow is sure to capture your heart. Nestled in the highly sought-after Endicott neighborhood, this charming home offers an ideal location just a short walk to the Endicott Estate, library, and commuter rail, with easy access to major routes, excellent dining, conservation areas, and entertainment. Inside, the timeless floor plan has been thoughtfully updated while preserving its character and charm. The bright, inviting kitchen features quartz countertops, modern cabinetry with exceptional storage and convenient pull-out organizers, as well as stainless steel appliances. The formal dining room is perfect for entertaining family and friends, featuring a period chair rail and built-in china cabinet. Throughout the home, classic six-over-one windows and beautiful hardwood floors showcase the timeless craftsmanship and architectural character that make this bungalow so special. The living room serves as the heart of the home, featuring a beautiful fireplace with mantel, crown moldings, built-ins, and abundant natural light. Adjoining the living room is a lovely sunroom, perfect for a home office, reading nook, or quiet retreat. Two comfortable bedrooms offer generous closet space, and the modern full bath boasts stylish tile finishes, a deep soaking tub with shower, radiant heated flooring, and ample storage. The lower level offers incredible storage and exciting potential for additional finished living space. Just inside the back door, a practical mudroom offers built-in storage and a bench seat, creating the perfect landing space for everyday living. Outside, you'll find a one-car garage, corner lot, patio, courtyard area, and charming outdoor spaces ideal for relaxing or entertaining. And then there's the front porch, a welcoming spot that truly steals the show and makes this special home impossible to resist. Open House Thursday 4:00-5:30pm - Saturday and Sunday 11-1pm. A pleasure to show!

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: 533 sq ft (the lesser of 900 sq ft or half the 1,065 sq ft principal dwelling). Lot size: 8,866 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$649,000
Annual Taxes$7,446

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Bulkhead, Sump Pump

Climate & Utilities

HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningB

Property & Lot

Acres0.2
SqFt Lot8,866
Lot FeaturesCorner Lot

Amenities & Appliances

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

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

14 x 18

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Lighting - Overhead, Archway, Crown Molding

Dining Room
Lvl First

13 x 8

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Overhead

Kitchen
Lvl First

13 x 12

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl First

12 x 10

Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 15

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Remodeled, Lighting - Sconce, Lighting - Overhead

Property History

Listed
$649,000

Sep 30, 2026

MLS® 73584860

Sold
$295,000

Apr 30, 2011

MLS® 71204153

Listed
$305,000

Mar 23, 2011

MLS® 71204153

Listing Provided By

Listing Agent: Amy Black

Listing Office: Donahue Real Estate Co.

MLS® Number: 73584860