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9 Morley Needham — Photo 1 of 16

9 Morley Needham — Photo 1 of 16

$2,989,000

Investment Analysis — 9 Morley

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 1.11% cap rate and $33,034/yr in estimated NOI at the $2,989,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5.5

SqFt

5,000

Style

Single Family

Built

2026

Prime Location!!! Mitchell School neighborhood, only minutes from schools, town and train. Exceptional attention to details, featuring high ceilings with beautiful carpentry throughout. 1st floor hosts a custom built chef's kitchen with a walk-in pantry, a separate eating area plus a large island. Kitchen is open to a fire-placed family room w ext. access to patio and yd. A formal dining room, living room/home office, powder room and a mudroom w. built-ins w direct entry to the garage completes the 1st flr. 2nd floor features a lovely designed primary suite w his and her closets, an oversized en-suite bedroom, two additional bedrooms, a family bath and laundry room. 3rd floor incl. a 5th bedroom, a full bath and a fabulous bonus room. LL has a great room, a gym and a full bath. Builder is a life long Needham resident, well known for high-end quality building. There is still time to make some selection.

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 5,000 sq ft principal dwelling). Lot size: 8,775 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.

Property Details

Financials

Original Price$2,989,000
Annual Taxes$10,468

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Laminate
BasementFull, Finished, Bulkhead

Climate & Utilities

HeatingHeat Pump
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.2
SqFt Lot8,775
Lot Features--

Amenities & Appliances

Electric Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Wine Refrigerator • Range Hood

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomKitchenFamily RoomBathroom 1
Dining Room
Lvl First

16 x 11

Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead

Kitchen
Lvl First

16 x 16

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Wine Chiller, Lighting - Pendant, Lighting - Overhead

Family Room
Lvl First

21 x 16

Flooring - Hardwood, Recessed Lighting, Lighting - Sconce

Primary Bedroom
Lvl Second

19 x 14

Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Sconce

Bedroom 2
Lvl Second

19 x 11

Bedroom 3
Lvl Second

13 x 10

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

13 x 10

Bathroom - Full, Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead

Bedroom 5
Lvl Third

13 x 9

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Soaking Tub

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Jill Finkelstein & Associates

Listing Office: Compass

MLS® Number: 73527036