132 Washington Ave Needham — Photo 1 of 42
$3,995,000
Investment Analysis — 132 Washington Ave
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 0.29% cap rate and $11,611/yr in estimated NOI at the $3,995,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
6.5
SqFt
6,646
Style
Single Family
Built
2016
Exceptional space, style & versatility come together in this beautifully appointed Needham residence, ideally situated in a sought-after location. A welcoming foyer introduces a thoughtfully designed main level featuring a fireplaced family room with access to a screened porch, elegant formal dining room & spacious kitchen with center island, stainless steel appliances & sun-filled dining area. A private study provides the perfect work-from-home retreat, while a mudroom with direct access to the 3-car garage, laundry room & powder room add everyday convenience. Upstairs, the luxurious primary suite offers 2 walk-in closets & private bath. Three additional bedrooms each feature their own full bath & walk-in closet, creating exceptional privacy. The third floor offers a 5th bedroom, den & full bath, ideal for guests or extended stays. A finished lower level provides even more living space with an expansive playroom, additional home office & full bath. Generous living spaces, flexible floor plan & exceptional location combine to create a sophisticated home designed for today's lifestyle.
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 6,646 sq ft principal dwelling). Lot size: 16,988 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 • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Water Treatment
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island
Office
Lvl BasementFamily Room
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full, Closet, Flooring - Hardwood
Bedroom 4
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 5
Lvl ThirdCloset
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: The Varano Realty Group
Listing Office: Keller Williams Realty
MLS® Number: 73578654
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