369 Dedham Ave Needham — Photo 1 of 26
Recent Drop: $80,000
$1,269,000
Investment Analysis — 369 Dedham Ave
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 2.41% cap rate and $30,523/yr in estimated NOI at the $1,269,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,726
Style
Single Family
Built
1974
This bright, updated home is a true outdoor oasis in a prime Needham location! Inside, you'll find fresh paint, hardwood floors throughout, well-sized bedrooms, and a newly updated central cooling system. The inviting family room and kitchen combo flows seamlessly onto the deck, overlooking a private backyard that's perfect for relaxing or entertaining. The finished basement offers a well-maintained recreation room for even more living space.The location is unmatched: DeFazio Field is right across the street. It serves as your ultimate front yard with its track, turf, and playgrounds. Enjoy incredible convenience with a 5-minute walk to the Needham Reservoir Trail, an easy 10-minute walk to the T station, and a quick stroll to town center shops and dining. Plus, the school bus stopping right at your front door!
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 2,726 sq ft principal dwelling). Lot size: 11,761 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Range • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.333333333 x 13
Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Dining Room
Lvl First13.333333333 x 12.583333333
Flooring - Hardwood, Archway, Decorative Molding
Kitchen
Lvl First16 x 12
Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Lighting - Pendant
Family Room
Lvl First18 x 13
Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture
Primary Bedroom
Lvl Second17 x 12.25
Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Second13 x 13
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second10 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First5 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile, Low Flow Toilet
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, 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
$1,269,000
Was $1,349,000
Aug 12, 2026
MLS® 73550531
$1,349,000
Jul 15, 2026
MLS® 73550531
$699,500
Apr 20, 2015
MLS® 71818575
$699,900
Apr 16, 2015
MLS® 71818575
Listing Agent: Chen Wang
Listing Office: United Real Estate, LLC
MLS® Number: 73550531
