
370 Grove St Needham — Photo 1 of 40
$6,498,000
Investment Analysis — 370 Grove St
Needham, MA 02492
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 0.04% cap rate and $2,788/yr in estimated NOI at the $6,498,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
8
SqFt
9,883
Style
Single Family
Built
2017
Set on 2.87 private acres abutting conservation land, this distinguished gated estate offers over 9,000 square feet of beautifully appointed living space, where refined interiors meet level, verdant grounds in a setting of rare privacy and calm. Offered fully furnished, the home showcases interiors thoughtfully curated by an award-winning designer. A soaring two-story entrance hall opens onto a gracious floor plan defined by hardwood floors, intricate millwork, crown molding, French doors, and generous ceiling heights. The fireplaced living room and dining room, distinguished by a coffered ceiling, lend themselves to elegant entertaining, while a sun-filled family room—also warmed by its own fireplace—features a wall of windows and opens through French doors to the private backyard. At the heart of the home, a spacious eat-in chef’s kitchen is outfitted with a six-burner gas range, double ovens, pot filler, walk-in pantry, and expansive center island. A private office opens to the grounds through French doors, while a custom-fitted mudroom, powder room, and two staircases bring thoughtful convenience to the first floor. A private en suite bedroom is well suited to guests or extended family. The second floor holds five additional en suite bedrooms, including an exceptional primary suite with vaulted ceiling, gas fireplace, custom built-ins, and three organized walk-in closets. Its luxurious bath offers a deep soaking tub, oversized tiled shower, dual vanities, and radiant heated floors, while a beautifully appointed laundry room with custom cabinetry completes the level. A versatile recreation room and half bath occupy the spacious third floor. Below, the fully finished lower level is designed for both relaxation and entertaining, with a temperature-controlled wine cellar, second kitchen, media room with leather recliners, exercise room, TV nook, game room, sauna, and full bath. Outside, a bluestone patio and pergola extend the living spaces gracefully into the landscape, overlooking the broad, private yard. Grand in proportion yet effortlessly welcoming, this remarkable Needham estate pairs superb craftsmanship with a tranquil setting convenient to area amenities.
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 9,883 sq ft principal dwelling). Lot size: 124,843 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator • Range Hood • Second Dishwasher • Stainless Steel Appliance(s) • Wine Cooler
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCoffered Ceiling(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Dining Room
Lvl FirstCoffered Ceiling(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Kitchen
Lvl FirstCoffered Ceiling(s), Closet/Cabinets - Custom Built, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Cabinets - Upgraded, Country Kitchen, Open Floorplan, Recessed Lighting, Wine Chiller, Gas Stove, Crown Molding
Office
Lvl FirstCeiling - Vaulted, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Window Seat
Family Room
Lvl FirstFlooring - Hardwood, French Doors, Recessed Lighting, Crown Molding
Master Bedroom
Lvl SecondBathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Bedroom 5
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Bathroom 1
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Wainscoting, Crown Molding
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet/Cabinets - Custom Built, Lighting - Sconce, Soaking Tub
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Property History
$6,498,000
Sep 10, 2026
MLS® 73575446
$5,575,000
Mar 14, 2025
MLS® 73290434
$5,750,000
Sep 16, 2024
MLS® 73290434
Listing Agent: Kandi Pitrus
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73575446

