What is the estimated cap rate for 373 High Rock Street, Needham, MA 02492?

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, 373 High Rock Street, Needham, MA 02492 has an estimated 0.36% cap rate at its $2,789,000 list price, assuming ~$4,770/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 373 High Rock Street, Needham, MA 02492?

HUD Fair Market Rent estimates about $4,770/month total for a 6-bedroom in 02492. Actual market rent varies.

Active

3 Days on market

373 High Rock Street Needham — Photo 1 of 36

$2,789,000

Investment Analysis — 373 High Rock Street

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 0.36% cap rate and $10,034/yr in estimated NOI at the $2,789,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

6,044

Style

Single Family

Built

2026

New Construction: Fully Finished, landscaped, and ready for immediate occupancy. 373 High Rock offers a fresh take on luxury living—sophisticated and stylish, yet warm, comfortable. The open floor plan centers around a stunning chef’s kitchen with custom cabinetry, oversized island, Wolf range and warm natural wood accents. White oak floors and distinctive lighting adds a distinct edge and contrast throughout. Six bedrooms, seven baths, and four finished levels provide exceptional space and flexibility. The individually designed baths are a standout, featuring beautiful tile, custom vanities, and thoughtfully selected fixtures. This is New Construction with personality—not another cookie-cutter home. The house is complete. The landscaping is in. This beautiful home is ready to enjoy now.

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 6,044 sq ft principal dwelling). Lot size: 10,629 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

Financials

Original Price$2,789,000

Annual Taxes$99,999,999

Parking

Garage2

Off-Street6

Interior Specifications

Total Rooms14

Fireplaces1

FlooringHardwood, Flooring - Hardwood

BasementFull, Finished

Climate & Utilities

HeatingHeat Pump

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningSRB

Property & Lot

Acres0.24

SqFt Lot10,629

Lot FeaturesLevel

Amenities & Appliances

Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Third

Bathroom 2

Second

Primary BedroomBedroom 2Bedroom 3Bedroom 4

First

Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1

Basement

Bathroom 3

Living Room

Lvl First

Flooring - Hardwood

Dining Room

Lvl First

Flooring - Hardwood

Kitchen

Lvl First

Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island

Office

Lvl First

Flooring - Hardwood

Family Room

Lvl First

Flooring - Hardwood, Exterior Access, Slider

Primary Bedroom

Lvl Second

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

Bedroom 2

Lvl Second

Bedroom 3

Lvl Second

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 4

Lvl Second

Bathroom - Full, Closet, Flooring - Hardwood

Bathroom 1

Lvl First

Bathroom - Full

Bathroom 2

Lvl Third

Bathroom - Full

Bathroom 3

Lvl Basement

Bathroom - Full

Property History

Listed

$2,789,000

Sep 18, 2026

MLS® 73579607

Terminated

$2,789,000

Aug 19, 2026

MLS® 73554301

Listed

$2,789,000

Jul 23, 2026

MLS® 73554301

Listing Provided By

Listing Agent: Ned Mahoney

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73579607

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Investment Analysis — 373 High Rock Street

Needham, MA 02492

ADU Potential

Open Houses

Property Details

Financials

Parking

Interior Specifications

Climate & Utilities

Building & Exterior

Property & Lot

Amenities & Appliances

Neighborhood

Geography

Floorplan Breakdown

Structural Layout

Living Room

Dining Room

Kitchen

Office

Family Room

Primary Bedroom

Bedroom 2

Bedroom 3

Bedroom 4

Bathroom 1

Bathroom 2

Bathroom 3

Property History

$2,789,000

$2,789,000

$2,789,000

Open Houses

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