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949 Dedham St Newton — Photo 1 of 30

949 Dedham St Newton — Photo 1 of 30

$3,795,000

Investment Analysis — 949 Dedham St

Newton, MA 02459 — Oak Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02459 carries an estimated $4,540/mo in gross rent — about a 1.06% cap rate and $40,406/yr in estimated NOI at the $3,795,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

7

SqFt

7,400

Style

Single Family

Built

2026

Exceptional luxury new construction offering approximately 7,400 sq. ft. of beautifully designed space with 6 bedrooms, 6 full and 2 half baths. High-end craftsmanship is evident throughout, with oversized European windows bringing abundant natural light into the home, 5" red oak flooring and strategiclly placed LED lighting. The chef’s kitchen features premium Wolf and Sub-Zero appliances, wine refrigeration, custom cabinetry, dining nook, walk-in pantry and butler’s pantry, with easy access to a spacious mudroom. The living room is anchored by a sleek electric fireplace, while a formal dining room provides an elegant setting for entertaining. A first-floor office/en-suite bedroom offers exceptional flexibility for guests or multigenerational living. Upstairs are four en-suite bedrooms, including an impressive primary retreat with wet bar, spa-inspired bath and two custom closets, one featuring extensive high-end built-ins. The beautifully finished lower level is designed for entertaining with a sophisticated wine storage/lounge, full bar and additional en-suite bedroom. Two laundry areas add everyday convenience. Extensive professional landscaping and trees line the fully fenced perimeter, creating natural screening and a private setting. Irrigation system keeps it lush. Enjoy both covered and open patio areas, irrigation system and generous outdoor space. A 2-car garage, expansive additional parking, EV charger hookup and generator hookup complete this exceptional home, thoughtfully designed for luxury, comfort and modern living.

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 7,400 sq ft principal dwelling). Lot size: 22,500 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$3,795,000
Annual Taxes$999

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms12
Fireplaces1
FlooringWood, Tile
BasementFull, Finished, Sump Pump

Climate & Utilities

HeatingForced Air, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningSR2

Property & Lot

Acres0.52
SqFt Lot22,500
Lot FeaturesEasements, Cleared

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Neighborhood

House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Michelle J. Lane

Listing Office: Michelle Lane Real Estate

MLS® Number: 73584450