37 Hazel Lane Needham — Photo 1 of 4
$2,980,000
Investment Analysis — 37 Hazel Lane
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 0.03% cap rate and $994/yr in estimated NOI at the $2,980,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6.5
SqFt
6,628
Style
Single Family
Built
2027
Pre-construction offering by Edge Builders, this striking new residence delivers over 6,600± sq ft of thoughtfully designed living space. The main level is designed for daily living and entertaining, featuring a first-floor office/bedroom, custom chef’s kitchen with oversized island, and open dining and living spaces extending to a covered outdoor living area. The second level is anchored by an expansive primary suite with dual walk-in closets and a spa-inspired bath, along with three additional bedrooms and conveniently located laundry. A finished lower level offers generous entertainment and recreation space, an additional bedroom and full bath, plus a dedicated area ideal for a home gym. The upper level provides optional flexible living space, offering an ideal setting for a playroom, lounge, home office, or bonus room. Complete with a two-car garage and defined by elevated finishes and cohesive design throughout, this residence offers a distinguished standard of modern luxury.
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 6,628 sq ft principal dwelling). Lot size: 10,062 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
Tankless Water Heater • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop • Oven
Neighborhood
Park • Walk/Jog Trails • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstRecessed Lighting
Kitchen
Lvl FirstKitchen Island, Recessed Lighting, Second Dishwasher
Family Room
Lvl FirstRecessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Recessed Lighting
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondBathroom - Full, Recessed Lighting
Bedroom 4
Lvl SecondBathroom - Full, Recessed Lighting
Bedroom 5
Lvl SecondBathroom - Full, Recessed Lighting
Bathroom 1
Lvl BasementBathroom - Full
Bathroom 2
Lvl FirstBathroom - Half
Listing Agent: Acone & Company Team
Listing Office: Darwin Associates
MLS® Number: 73579238
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