
957 South Street Needham — Photo 1 of 21
Recent Drop: $225,000
$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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Dining Room
Lvl First14 x 13
Flooring - Hardwood, Wet Bar, Recessed Lighting
Kitchen
Lvl First27 x 16
Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Gas Stove
Family Room
Lvl First22 x 20
Flooring - Hardwood, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl Second22 x 20
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2
Lvl Second17 x 14
Bedroom 3
Lvl Second16 x 14
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 4
Lvl Second18 x 15
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 5
Lvl Second20 x 15
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - 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 SecondBathroom - 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 SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$3,750,000
Was $3,849,000
Jun 9, 2026
MLS® 73496150
$3,849,000
Was $3,975,000
Apr 23, 2026
MLS® 73496150
$3,975,000
Apr 6, 2026
MLS® 73496150
$3,975,000
Mar 30, 2026
MLS® 73468998
$3,975,000
Jan 15, 2026
MLS® 73468998
$3,995,000
Dec 24, 2025
MLS® 73426531
$3,995,000
Sep 5, 2025
MLS® 73426531
Listing Agent: Jill Finkelstein & Associates
Listing Office: Compass
MLS® Number: 73496150
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