
23 Yale Road Needham — Photo 1 of 39
Recent Drop: $45,000
$2,950,000
Investment Analysis — 23 Yale Road
Needham, MA 02494
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02494 carries an estimated $4,030/mo in gross rent — about a 0.87% cap rate and $25,754/yr in estimated NOI at the $2,950,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
5.5
SqFt
6,000
Style
Single Family
Built
2026
Exceptional residence offers over 6,000 square feet of beautifully designed living space on a 12,000-square-foot level lot, framed by a natural, tree-lined border. Sunlight pours in throughout the day from the south and west, filling the home w/ warmth and radiance. Every detail is thoughtfully curated, featuring designer tile, premium appliances, elegant stone countertops, and refined fixtures that truly set this home apart. The main level blends classic and modern living, with a traditional living and dining room flowing seamlessly into an open-concept kitchen and family room giving you the best of both world. The primary suite is a true oasis with closets to show off to your friends and a spa-like bath. Every bath has its own personality which shows the level of intention and design. The lower level offers impressive ceiling height and flexible space for a theater, gym, & gathering area—perfectly suited for both everyday living and special occasions. You will be impressed
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 6,000 sq ft principal dwelling). Lot size: 12,196 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
Electric Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood • Cooktop • Rangetop - ENERGY STAR • Oven
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$2,950,000
Was $2,995,000
Jun 19, 2026
MLS® 73513351
$2,995,000
May 6, 2026
MLS® 73513351
Listing Agent: Ad Advisors Team
Listing Office: Block Realty
MLS® Number: 73513351

