52 Damon Road Needham — Photo 1 of 42
$1,799,000
Investment Analysis — 52 Damon Road
Needham, MA 02494 — Needham Heights
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02494 carries an estimated $4,030/mo in gross rent — about a 1.07% cap rate and $19,239/yr in estimated NOI at the $1,799,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,484
Style
Single Family
Built
1963
Welcome to 52 Damon Road in desirable Needham Heights, a spacious and inviting home designed for comfortable everyday living and entertaining. A large, light-filled living room with fireplace provides a wonderful gathering space for family and friends. The open-concept chef’s kitchen features a professional Viking range with double ovens, granite countertops, stainless steel appliances, center island with seating, wine refrigerator and trash compactor. Skylights bring abundant natural light into the kitchen and separate dining area, while a dedicated bar area adds another thoughtful entertaining feature. The game room provides additional living space with direct access to the deck. Upstairs, the expansive primary suite features two large walk-in closets and a luxurious ensuite bath with steam shower, heated floors, spa tub and double vanities. Three additional bedrooms, a second full bathroom and laundry complete the second floor. The finished walk-out lower level offers flexible media, play or exercise space, built-in shelving, a full bath, second laundry, guest/bonus room and sitting area. Step outside to a large deck and patio overlooking a private backyard retreat with a saltwater pool, pool house and mature greenery. This exceptional home combines generous living spaces, outstanding amenities and a peaceful setting in Needham Heights, while offering convenient access to Needham’s vibrant town center, shopping, dining and Route 95.
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 3,484 sq ft principal dwelling). Lot size: 11,587 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 • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17 x 24
Skylight, Flooring - Hardwood, High Speed Internet Hookup, Recessed Lighting
Dining Room
Lvl Main,First13 x 15
Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,First16 x 24
Skylight, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant, Lighting - Overhead, Half Vaulted Ceiling(s)
Family Room
Lvl Basement30 x 15
Cedar Closet(s), Flooring - Laminate, High Speed Internet Hookup, Recessed Lighting
Primary Bedroom
Lvl Second22 x 17
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Half Vaulted Ceiling(s), Window Seat
Bedroom 2
Lvl Second11 x 12
Bedroom 3
Lvl Second15 x 12
Closet, Flooring - Hardwood, Window(s) - Picture, High Speed Internet Hookup, Recessed Lighting
Bedroom 4
Lvl Second10 x 12
Closet, Flooring - Wood, Lighting - Overhead
Bathroom 1
Lvl Main,First5 x 7
Bathroom - Half, Closet, Flooring - Wood
Bathroom 2
Lvl Second9 x 10
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl Second14 x 16
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Bidet, Recessed Lighting, Half Vaulted Ceiling(s)
Listing Agent: Kathleen Ditullio
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73584803
