Active
167 Days on market
957 South Street Needham — Photo 1 of 21

957 South Street Needham — Photo 1 of 21

Recent Drop: $225,000

$3,975,000
$3,750,000

$3,750,000

Investment Analysis — 957 South 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 -0.04% cap rate and $-1,498/yr in estimated NOI at the $3,750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

7

SqFt

8,273

Style

Single Family

Built

2025

A RARE OPPORTUNITY IN NEEDHAM! EXCEPTIONAL VALUE FOR THE DISCERNING BUYER! This masterfully designed new construction residence presents a truly exceptional opportunity to own an extraordinary amount of finished living space in one of Needham’s most desirable neighborhoods. Set on a private acre-plus lot, this impressive home offers four finished levels and an exceptional combination of scale, quality, flexibility, and location that is rarely available. The residence features six beautifully appointed bedroom suites, each with custom closets, including a highly desirable main-level guest or in-law suite. The heart of the home is an extraordinary chef’s kitchen featuring a premium La Cornue range, oversized center island, dual pantries, and abundant workspace—equally suited to intimate family meals or sophisticated entertaining. A spacious main-floor study provides a private and elegant workspace. The bright, beautifully finished third floor offers remarkable flexibility for additional bedrooms, recreation, play, or a private retreat, while the expansive lower level provides yet another opportunity for a media room, fitness area, game room, or gathering space. With four finished levels, the home offers an extraordinary range of possibilities for both everyday living and entertaining. Throughout, exceptional craftsmanship and thoughtful details include beautiful hardwood flooring, custom millwork, generous storage, and a three-car garage. Outside, a private patio creates a peaceful setting for outdoor dining and entertaining. Perhaps most compelling is the exceptional value this home represents for its size, quality, and location. Finding this level of finished space and craftsmanship in Needham at this opportunity is increasingly rare. For a buyer seeking a substantial, beautifully designed new home without compromising on neighborhood or convenience, this is a property that deserves serious consideration. Ideally located near Needham Center, the commuter rail, shopping, dining, schools, and major highways, the home combines privacy and convenience in one of Needham’s most sought-after settings. A genuine opportunity for the buyer who recognizes exceptional value when it comes along. Immediate occupancy!

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 8,273 sq ft principal dwelling). Lot size: 97,247 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

Property Details

Financials

Original Price$3,975,000
Annual Taxes--

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms13
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood, Laminate
BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Propane
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSFR

Property & Lot

Acres2.23
SqFt Lot97,247
Lot FeaturesWooded

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Wine Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Dining RoomKitchenFamily RoomBathroom 1
Dining Room
Lvl First

14 x 13

Flooring - Hardwood, Wet Bar, Recessed Lighting

Kitchen
Lvl First

27 x 16

Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Gas Stove

Family Room
Lvl First

22 x 20

Flooring - Hardwood, Exterior Access, Recessed Lighting

Primary Bedroom
Lvl Second

22 x 20

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 2
Lvl Second

17 x 14

Bedroom 3
Lvl Second

16 x 14

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 4
Lvl Second

18 x 15

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 5
Lvl Second

20 x 15

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Property History

Price Drop
$3,750,000

Was $3,849,000

Jun 9, 2026

MLS® 73496150

Price Drop
$3,849,000

Was $3,975,000

Apr 23, 2026

MLS® 73496150

Listed
$3,975,000

Apr 6, 2026

MLS® 73496150

Terminated
$3,975,000

Mar 30, 2026

MLS® 73468998

Listed
$3,975,000

Jan 15, 2026

MLS® 73468998

Terminated
$3,995,000

Dec 24, 2025

MLS® 73426531

Listed
$3,995,000

Sep 5, 2025

MLS® 73426531

Listing Provided By

Listing Agent: Jill Finkelstein & Associates

Listing Office: Compass

MLS® Number: 73496150