45 Richdale Rd Needham — Photo 1 of 33
$1,425,000
Investment Analysis — 45 Richdale Rd
Needham, MA 02494
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02494 carries an estimated $3,640/mo in gross rent — about a 1.51% cap rate and $21,464/yr in estimated NOI at the $1,425,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,611
Style
Single Family
Built
1955
Welcome! Pride of ownership abounds in this well maintained home offering a unique blend of classic charm and functional living, set within a desirable suburban landscape. The residence encompasses 10 rooms of comfortable living space on three levels. The first floor family room addition with french doors & full bath also provides for a terrific guest space. Other conveniences include a first floor home office, a sunroom with access to deck. Front to back fireplaced living room, & dining room offers space for entertaining. There are 3 second floor well-appointed bedrooms with good closet space, each designed to provide comfort and privacy. The lower level has ample storage and a recreation room. The 1 car garage provides secure parking and direct entry. The expansive 14,680 square foot lot offers significant outdoor potential for landscaping, gardening & recreation.
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 2,611 sq ft principal dwelling). Lot size: 14,680 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 • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23 x 11
Flooring - Hardwood
Dining Room
Lvl First12 x 12
Flooring - Hardwood
Kitchen
Lvl First17 x 11
Flooring - Hardwood, Dining Area, Stainless Steel Appliances
Office
Lvl First12 x 10
Flooring - Hardwood
Family Room
Lvl First22 x 15
Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Hardwood, French Doors, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl Second24 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Second12 x 8
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower
Listing Agent: Louise Condon
Listing Office: Louise Condon Realty
MLS® Number: 73578632
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