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15 Days on market
1028 Webster Street Needham — Photo 1 of 29

1028 Webster Street Needham — Photo 1 of 29

$1,295,000

Investment Analysis — 1028 Webster Street

Needham, MA 02492

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02492 carries an estimated $4,320/mo in gross rent — about a 2.30% cap rate and $29,831/yr in estimated NOI at the $1,295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,619

Style

Single Family

Built

1930

OPPORTUNITY KNOCKS! CHARMING COLONIAL NEAR TOWN AND TRAIN! Welcome to this wonderful Colonial home offering 3 bedrooms, 2½ bathrooms, and a convenient location close to town and the train. From the moment you enter, you’ll appreciate the home’s original wood detailing and extensive hardwood floors, which add warmth and character throughout.The inviting living room features a beautiful brick fireplace and opens to a versatile adjoining room that can be used as a formal dining room, office, or study. A built-in hutch/office cabinet adds both charm and functionality. The appealing kitchen features stainless steel appliances, granite countertops, and generous custom cabinetry. The kitchen flows seamlessly into a spacious family room and additional dining area, complete with wonderful built-in custom cabinetry—an ideal space for entertaining, relaxing, and everyday living. A laundry area and half bath complete the first floor. Upstairs, you’ll find three generously sized bedrooms, each with custom-built closets. Two bedrooms feature colorful custom-painted walls, adding personality and charm. The spacious primary suite offers double closets and a full bathroom enhanced by skylights. A second full family bathroom serves the additional bedrooms. The fantastic and exceptionally spacious lower level provides even more room for relaxing, recreation, or gathering, with convenient direct access to the outdoors. Additional amenities include central air conditioning, newly covered gutters, natural gas heat and cooking, newer upgraded bathrooms, and a one-car garage. Available for immediate occupancy—come make this wonderful Colonial your new home!

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 2,619 sq ft principal dwelling). Lot size: 6,970 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$1,295,000
Annual Taxes$9,567

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningSFR

Property & Lot

Acres0.16
SqFt Lot6,970
Lot FeaturesWooded

Amenities & Appliances

Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

19 x 12

Flooring - Hardwood, French Doors

Dining Room
Lvl Main,First

15 x 9

Closet/Cabinets - Custom Built, Exterior Access, Recessed Lighting

Kitchen
Lvl Main,First

16 x 13

Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl Main,First

19 x 15

Closet/Cabinets - Custom Built, Exterior Access, Recessed Lighting

Master Bedroom
Lvl Second

20 x 10

Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

17 x 14

Bedroom 3
Lvl Second

16 x 12

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half, Countertops - Stone/Granite/Solid, Pedestal Sink

Bathroom 2
Lvl Second

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

Bathroom 3
Lvl Second

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

Listing Provided By

Listing Agent: Jill Finkelstein & Associates

Listing Office: Compass

MLS® Number: 73569393