213 Hunnewell Street Needham — Photo 1 of 41
$1,495,000
Investment Analysis — 213 Hunnewell Street
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 1.64% cap rate and $24,468/yr in estimated NOI at the $1,495,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,802
Style
Single Family
Built
1940
This quintessential cape style home has been updated with all the modern amenities. Absolutely turn-key condition, the main floor has a formal living room leading to the kitchen which is open to the dining area and family room. All this overlooks an expansive and private backyard. In addition, the first floor has a guest bedroom next to a beautifully renovated full bath and also a separate office. Upstairs are three bedrooms and two new full bathrooms. The primary suite has multiple closets, a sleek marble bathroom, and a balcony overlooking the yard. In the lower level you'll find a large bonus room with a walk-out slider to the yard, and plenty of storage/workshop space in the unfinished section. Sited on nearly a half acre of land, the location is convenient to the Sunita Williams elementary school and to Needham Heights with its shops, restaurants, and train station. A 2026 heating system, central A/C, new kitchen appliances, hardwood floors refinished 2026.
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 2,802 sq ft principal dwelling). Lot size: 19,602 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Vacuum System
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 13
Flooring - Hardwood
Dining Room
Lvl First12 x 16
Flooring - Hardwood
Kitchen
Lvl First9 x 14
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Pendant
Office
Lvl First9 x 9
Flooring - Hardwood
Family Room
Lvl Main,First15 x 16
Flooring - Hardwood, Balcony / Deck, Recessed Lighting
Master Bedroom
Lvl Second15 x 24
Bathroom - Full, Skylight, Vaulted Ceiling(s), Closet - Linen, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior, Recessed Lighting
Bedroom 2
Lvl Second16 x 14
Bedroom 3
Lvl Second12 x 14
Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 4
Lvl First12 x 13
Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondProperty History
$1,495,000
Sep 9, 2026
MLS® 73574230
$1,550,000
Aug 11, 2026
MLS® 73526309
$1,550,000
May 28, 2026
MLS® 73526309
Listing Agent: Deborah Anastas
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73574230
