
119 Sylvan Rd Needham — Photo 1 of 22
$1,299,999
Investment Analysis — 119 Sylvan Rd
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 2.14% cap rate and $27,856/yr in estimated NOI at the $1,299,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,370
Style
Single Family
Built
1949
Classic Cape style home, thoughtfully renovated and updated for today’s lifestyle. A lovely living room with a cozy fireplace and hardwood floors welcomes you home. The white Shaker-style kitchen, with granite countertops and stainless-steel appliances, flows seamlessly into the sun-filled dining room, where a slider opens to the spacious deck and private yard—perfect for outdoor entertaining. The flexible floor plan offers two additional rooms and a full bath, providing the option for a first-floor bedroom, home office, den, or playroom. Upstairs, the inviting primary bedroom awaits, along with a beautifully renovated full bath and a third bedroom featuring a creative custom wall configuration—perfectly suited for two little ones. An attached garage provides welcome convenience during New England winters, while the basement offers ample space for laundry, a home gym, and storage. Set on a quiet neighborhood street yet conveniently located near schools, parks, the commuter train, restaurants, and downtown. A wonderfully versatile home designed to suit every stage of life.
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: 685 sq ft (the lesser of 900 sq ft or half the 1,370 sq ft principal dwelling). Lot size: 8,712 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
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 15
Flooring - Hardwood
Dining Room
Lvl First12 x 9
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Deck - Exterior, Recessed Lighting, Slider
Kitchen
Lvl First11 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Family Room
Lvl First11 x 11
Closet, Flooring - Hardwood
Primary Bedroom
Lvl Second12 x 16
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Patricia Bradley
Listing Office: Rutledge Properties
MLS® Number: 73576011