
37 Michele Ln Braintree — Photo 1 of 38
Recent Drop: $34,900
$865,000
Investment Analysis — 37 Michele Ln
Braintree, MA 02184
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02184 carries an estimated $3,650/mo in gross rent — about a 2.83% cap rate and $24,465/yr in estimated NOI at the $865,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,428
Style
Single Family
Built
1967
Don't miss this, what an opportunity in the Braintree Highlands million dollar neighborhood. Call today! Original Owner Braintree Highlands Colonial on a Rare .7-Acre Lot! First time offered in 59 years, this classic 4-bedroom, 1.5-bathroom center-entrance home presents an incredible equity-building opportunity. Lovingly maintained by one owner, this is an estate sale & ready for its next chapter. The functional main level features a large kitchen, formal dining room, and a convenient half-bath with first-floor laundry. The standout space is the front-to-back family room, boasting dramatic cathedral ceilings that open directly to an oversized back deck—perfect for outdoor entertaining overlooking a massive, private backyard oasis. Gorgeous hardwood floors run through most of the home. Value-added features include updated windows and a spacious 2-car garage under. Bring your design ideas to personalize this wonderful home. Don't miss this home.
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 2,428 sq ft principal dwelling). Lot size: 30,601 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 25
Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Exterior Access
Dining Room
Lvl First12 x 14
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl First13 x 14
Window(s) - Picture
Family Room
Lvl First21 x 22
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Primary Bedroom
Lvl Second13 x 20
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 13
Bedroom 3
Lvl Second13 x 14
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second13 x 14
Closet, Flooring - Hardwood
Bathroom 1
Lvl First4 x 10
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl Second7 x 10
Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Property History
$865,000
Was $874,900
Sep 10, 2026
MLS® 73540524
$874,900
Was $899,900
Jul 15, 2026
MLS® 73540524
$899,900
Jun 23, 2026
MLS® 73540524
Listing Agent: Stacey Ballerino
Listing Office: Real Broker MA, LLC
MLS® Number: 73540524