43 Meredith Circle Needham — Photo 1 of 22
$1,350,000
Investment Analysis — 43 Meredith Circle
Needham, MA 02492
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 2.22% cap rate and $29,976/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,824
Style
Single Family
Built
1972
Rare opportunity in a prime Needham setting. Tucked at the end of a quiet cul-de-sac, this spacious split-level home sits on an exceptional 14,056 sq. ft. (.32-acre) lot with an expansive backyard—an outstanding setting for outdoor living, play, entertaining, gardening, or future possibilities.Built in 1972, the home offers a flexible, generously scaled floor plan with a large living room, dining room, eat-in kitchen, and family room overlooking the yard. The upper levels include four well-proportioned bedrooms and two full baths, including a private primary suite with its own bath. A finished lower level adds versatile bonus space for a recreation room, home office, fitness area, or guests, while the attached two-car garage provides everyday convenience.Ready for its next chapter, this property presents an exciting opportunity to personalize, enhance, expand, or reimagine a substantial home on a truly notable lot in one of Needham’s most desirable neighborhoods. Convenient to Needham Town Center, commuter rail, and local amenities.
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 2,824 sq ft principal dwelling). Lot size: 14,026 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 • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First22 x 13
Dining Room
Lvl First11 x 11
Kitchen
Lvl First14 x 11
Family Room
Lvl First17 x 13
Primary Bedroom
Lvl Third22 x 15
Bathroom - Full
Bedroom 2
Lvl Second12 x 11
Bedroom 3
Lvl Second14 x 11
Bathroom - Half
Bedroom 4
Lvl Second11 x 11
Listing Agent: Eileen Strong O Boy
Listing Office: Hammond Residential Real Estate
MLS® Number: 73579806
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