
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstDining Room
Lvl Main,First12.5 x 24.2
Flooring - Hardwood
Kitchen
Lvl Main,First14.1 x 11.7
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove
Office
Lvl First12.8 x 11.4
Family Room
Lvl Main,First15.9 x 23.11
Flooring - Hardwood, Wet Bar, Open Floorplan, Remodeled
Primary Bedroom
Lvl Second23.7 x 15.1
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Remodeled
Bedroom 2
Lvl Second13.3 x 10.1
Bedroom 3
Lvl Second20.5 x 12.9
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second13.1 x 13.6
Closet, Flooring - Hardwood
Bedroom 5
Lvl Second9.7 x 11.5
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl Second6.4 x 5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second12.3 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: Linda Shaughnessy
Listing Office: Coldwell Banker Realty - Wellesley
MLS® Number: 73585215








