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119 Sylvan Rd Needham — Photo 1 of 22

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.

View Standard Listing

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

Original Price$1,299,999
Annual Taxes$11,542

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementFull, Sump Pump, Radon Remediation System

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.2
SqFt Lot8,712
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBedroom 3Bathroom 1
Living Room
Lvl First

12 x 15

Flooring - Hardwood

Dining Room
Lvl First

12 x 9

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Deck - Exterior, Recessed Lighting, Slider

Kitchen
Lvl First

11 x 9

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Family Room
Lvl First

11 x 11

Closet, Flooring - Hardwood

Primary Bedroom
Lvl Second

12 x 16

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Patricia Bradley

Listing Office: Rutledge Properties

MLS® Number: 73576011