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77 Wellesley Avenue Needham — Photo 1 of 37

77 Wellesley Avenue Needham — Photo 1 of 37

$3,149,000

Investment Analysis — 77 Wellesley Avenue

Needham, MA 02494 — Needham Heights

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 -0.03% cap rate and $-1,034/yr in estimated NOI at the $3,149,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

6

SqFt

6,738

Style

Single Family

Built

2026

Set on an exceptional 3/4-acre lot in one of Needham’s most desirable neighborhoods, this luxury new construction by Precision Development offers a rare combination of sophisticated design, superior craftsmanship, and a private, nature-filled setting. Thoughtfully designed with timeless architecture and modern finishes, the residence features expansive living spaces, beautifully appointed interiors, and a seamless connection between indoor and outdoor living. The generous lot is a true standout, offering an uncommon sense of space and privacy surrounded by mature greenery. Directly beyond the backyard, access to the Sudbury Path creates a unique connection to the outdoors and provides convenient access to Eliot School. Ideally positioned near Needham Center and Needham Heights, the home is also close to commuter rail, highly regarded schools, local dining, shopping, and everyday amenities. Combining the quality and convenience of new construction with a remarkable setting, 77 Wellesley Avenue presents a rare opportunity to enjoy the best of Needham living.

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 6,738 sq ft principal dwelling). Lot size: 30,274 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.

Open Houses

Property Details

Financials

Original Price$3,149,000
Annual Taxes--

Parking

Garage2
Off-Street14

Interior Specifications

Total Rooms14
Fireplaces1
FlooringHardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished

Climate & Utilities

HeatingCentral, Heat Pump
CoolingCentral Air, Heat Pump
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.69
SqFt Lot30,274
Lot FeaturesCleared

Amenities & Appliances

Tankless Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Range

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBedroom 5Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl First

Flooring - Hardwood, Dining Area, Recessed Lighting

Family Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Primary Bedroom
Lvl Second

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

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 4
Lvl Second

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 5
Lvl First

Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Acone & Company Team

Listing Office: Darwin Associates

MLS® Number: 73574313