298 Marked Tree Road Needham — Photo 1 of 29
Recent Drop: $45,000
$1,550,000
Investment Analysis — 298 Marked Tree Road
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 1.79% cap rate and $27,727/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,418
Style
Single Family
Built
1949
Move right in and enjoy the perfect blend of space, privacy, and modern updates at 298 Marked Tree Road, a thoughtfully updated 4-bedroom, 3 full bath home set on a private .69-acre lot bordering town land and walking trails. The bright, open floor plan is perfect for today’s lifestyle, featuring a spacious white kitchen, dining area with bay window, refinished hardwood floors, and central air conditioning throughout. A first-floor bedroom and full bath offer flexible space for guests, family, a home office, or multigenerational living. Upstairs, the oversized primary suite is a true retreat with a sitting area, walk-in closet, en suite bath, and convenient second-floor laundry. Enjoy outdoor living on the large rear deck overlooking one of the property’s standout features: a huge, private backyard with room to play, entertain, and grow. Additional expansion potential awaits in the unfinished walk-up attic. Short distance of approximatley .5 miles to Newman Elementary School.```
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 2,418 sq ft principal dwelling). Lot size: 29,839 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First29 x 12
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First10 x 19
Skylight, Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Kitchen
Lvl Main,First19 x 13
Flooring - Hardwood, Dining Area, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl Second17 x 25
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl First13 x 14
Bedroom 3
Lvl Second14 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second19 x 12
Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First8 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second10 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$1,550,000
Was $1,595,000
Aug 12, 2026
MLS® 73551159
$1,595,000
Jul 16, 2026
MLS® 73551159
Listing Agent: Collin Sullivan
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73551159
