Investment Analysis — 34 Rosedale St

Boston, MA 02124 — Dorchester

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-bedroom in 02124 carries an estimated $3,390/mo in gross rent — about a 3.81% cap rate and $24,726/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,500

Style

Single Family

Built

1900

ATTENTION BUILDERS, DEVELOPERS & INVESTORS!! 34 Rosedale St is the project you've been waiting for in Dorchester. This Colonial offers approximately 3,500 sqft across three levels (in addition to a basement) in a three-family zoning subdistrict. Perfect for a three-unit condo conversion, a three-family to hold as rentals, or a huge, updated single family. Zoned 3F-6000 (Three-Family Residential) with no overlay districts. **A three-family conversion would need ZBA relief for lot size, and the precedent is right across the street: 31 Rosedale St, a smaller house on a smaller lot, was approved by the ZBA for three units and is under renovation now.** Paved driveway provides off-street parkingc. The location is hard to beat: a quiet side street minutes to public transportation including Talbot Ave station on the Fairmount commuter rail line and Shawmut station on the Red Line. Being sold AS-IS and in need of a full, gut renovation. **WILL NOT QUALIFY FOR FHA, VA or CONVENTIONAL FINANCING.** Cash and rehab-loan buyers only.

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 3,500 sq ft principal dwelling). Lot size: 5,194 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.