Investment Analysis — 15 Eliot Rd #15

Needham, MA 02492

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02492 carries an estimated $3,600/mo in gross rent — about a 4.25% cap rate and $27,619/yr in estimated NOI at the $649,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,926

Style

Condominium

Built

1959

Don’t miss this opportunity to own in desirable Needham at an approachable price point! This well-maintained duplex-style townhouse offers a convenient, walkable location close to the T, Trader Joe’s, cafés, restaurants, and shops, with easy access to major highways, and no condo fee. The main level features hardwood floors, a living room with wood-burning fireplace and access to the backyard patio, dining room, kitchen, and half bath. Upstairs are two spacious bedrooms with hardwood floors and a full bath. The lower level offers a finished den and one-car garage. Enjoy a large, level yard, central air, a roof approximately three years old, and a recently painted exterior. A wonderful opportunity to enjoy all that Needham has to offer! Showings start at OH on Sunday 9/27 1-3 pm.

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 MLS and other third-party data may be inaccurate or out of date.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.