3 Needham Street Norfolk — Photo 1 of 1
$1,129,000
Investment Analysis — 3 Needham Street
Norfolk, MA 02056
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02056 carries an estimated $3,390/mo in gross rent — about a 2.38% cap rate and $26,884/yr in estimated NOI at the $1,129,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,706
Style
Single Family
Built
2026
Brand-new construction set on a beautiful, private lot in one of Norfolk’s most convenient locations. Thoughtfully designed for modern living, this 4-bedroom, 2.5-bath home combines timeless finishes with a spacious, functional floor plan. The open first floor features a dedicated home office, fireplaced living room, and a beautifully appointed kitchen with custom cabinetry, an oversized island, walk-in pantry, and seamless access to the outdoor living spaces. A generous mudroom and powder room complete the main level.Upstairs, the serene primary suite features a spa-like bath with radiant heated floors, designer shower, and walk-in closet, along with three additional bedrooms and a full bath. A walkout lower level offers excellent potential for future finished space, while the two-car garage and expansive property provide room to live, play, and grow.Enjoy the privacy and space of a country setting while remaining just minutes from Norfolk center, the commuter rail, shops, restaurants, and everyday conveniences. A rare opportunity for turnkey new construction with space, privacy, and exceptional accessibility.
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 3,706 sq ft principal dwelling). Lot size: 2 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
Geography
Listing Agent: The Scott Group
Listing Office: Advisors Living - Wellesley
MLS® Number: 73579909
