Active

122 Days on market

81 Parish Rd Needham — Photo 1 of 35

Recent Drop: $50,000

$1,649,000

$1,599,000

Investment Analysis — 81 Parish Rd

Needham, MA 02494

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 1.48% cap rate and $23,728/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,850

Style

Single Family

Built

1993

Pride of ownership & neat as pin! This meticulously maintained home was built in 1993 and is move -in ready! Bright & Cheery home filled with an abundance of natural light. Terrific floor plan for today's lifestyle offered in this multi colonial. Enter through the center entrance to a welcoming foyer which provides access to your home office on one side and your formal dining room on the other side. Straight ahead you'll land in a spacious eat-in kitchen opened to 24'x23' family room w/skylights. Special features include wood floors, french doors, built-ins, wood burning fireplace, recessed lighting, Central Air Conditioning, natural gas heating & cooking, updated systems and solar panels. The top floor has 4 bedrooms & 2 full baths. The primary suite w/ vaulted ceilings, walk-in closet and ensuite bath. Finished lower level perfect for home gym or playroom. Relax on private back deck surrounded by mature plantings & greenery. Convenient location nr elementary school & Rosemary Pool

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 2,850 sq ft principal dwelling). Lot size: 11,108 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.