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36 Standish Road Needham — Photo 1 of 42

36 Standish Road Needham — Photo 1 of 42

$1,995,000

Investment Analysis — 36 Standish Road

Needham, MA 02492

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 1.16% cap rate and $23,135/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3.5

SqFt

3,753

Style

Single Family

Built

1973

A Standout on Standish! Set in Needham’s desirable Olin Woods area, this spacious five-bedroom, three-and-a-half-bath single-family home offers an exceptional combination of space, comfort, and location, ideally situated between Needham Center and Wellesley Center. A custom addition and renovation completed in 2004 created an expansive, open floor plan designed for both everyday living and entertaining. The gourmet kitchen features granite countertops, custom maple cabinetry, and stainless steel appliances, opening seamlessly to a generous family room with fireplace, wet bar and a sun-filled breakfast room overlooking the backyard. A private first-floor office provides dedicated space for working from home. Upstairs, the large primary suite features walk-in closet and a spacious bath with whirlpool tub and separate shower. Dual staircases add convenience and character to the thoughtfully designed layout. Additional highlights include central air, a full finished basement with game and exercise rooms, a walk-up attic offering excellent additional space, and a two-car garage. Outside, a large deck overlooks the backyard and extends the home’s living and entertaining space. With five bedrooms, flexible living areas, and convenient access to the shops, restaurants, schools, commuter routes, and amenities of both Needham and Wellesley, this is a wonderful opportunity in an established neighborhood. Welcome 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 3,753 sq ft principal dwelling). Lot size: 10,454 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.

Immersive Experience

Property Details

Financials

Original Price$1,995,000
Annual Taxes$20,367

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces2
FlooringTile, Hardwood, Stone / Slate, Wood Laminate
BasementFull, Partially Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.24
SqFt Lot10,454
Lot FeaturesLevel

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomOfficeBathroom 1
Main,First
Dining RoomKitchenFamily Room
Living Room
Lvl First
Dining Room
Lvl Main,First

12.5 x 24.2

Flooring - Hardwood

Kitchen
Lvl Main,First

14.1 x 11.7

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove

Office
Lvl First

12.8 x 11.4

Family Room
Lvl Main,First

15.9 x 23.11

Flooring - Hardwood, Wet Bar, Open Floorplan, Remodeled

Primary Bedroom
Lvl Second

23.7 x 15.1

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Remodeled

Bedroom 2
Lvl Second

13.3 x 10.1

Bedroom 3
Lvl Second

20.5 x 12.9

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

13.1 x 13.6

Closet, Flooring - Hardwood

Bedroom 5
Lvl Second

9.7 x 11.5

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

6.4 x 5

Bathroom - Full, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

12.3 x 11

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet, Countertops - Stone/Granite/Solid, Double Vanity

Listing Provided By

Listing Agent: Linda Shaughnessy

Listing Office: Coldwell Banker Realty - Wellesley

MLS® Number: 73585215