
12 Upland Rd Needham — Photo 1 of 26
$2,699,000
Investment Analysis — 12 Upland Rd
Needham, MA 02492
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 1.22% cap rate and $32,809/yr in estimated NOI at the $2,699,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
4,766
Style
Single Family
Built
1965
Welcome to this exquisite custom renovated & expanded colonial with high end finishes throughout. Fantastic location in Mitchell School district with only minutes from Town Center. Front door opens into a gorgeous living room and a lovely dining room leading you into a custom kitchen featuring a large island, a dry bar area open to the family room with access to the patio and private back yard. First floor also offers a separate home office, a powder room & a guest suite with a full bath. The oversized one car garage offers direct entry to the first floor mudroom. 2nd floor features a lovely designed primary suite w a large walk-in closet, an oversized en-suite bedroom with it's own bonus room, two additional bedrooms, a family bath and laundry room. LL hosts a cozy den area with a wet bar, a separate great room a full bath and a home gym amazing for entertaining and family fun!! A spacious utility room provides excellent storage. The approx. 1200 unfinished SF on the third floor, is framed for a bedroom, a full bath, a den area plus a bonus room with rough wiring and plumbing, insulation and blue board installed. Don't miss out on seeing this gem of a house.
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 4,766 sq ft principal dwelling). Lot size: 9,200 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
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 14
Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead, Crown Molding
Dining Room
Lvl First13 x 13
Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
Lvl First15 x 13
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Sconce, Lighting - Pendant, Crown Molding
Office
Lvl First13 x 9
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Family Room
Lvl First20 x 15
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Master Bedroom
Lvl Second18 x 18
Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Lighting - Overhead, Crown Molding
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Second13 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl Second13 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 5
Lvl First13 x 13
Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, 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
Listing Agent: Jill Finkelstein & Associates
Listing Office: Compass
MLS® Number: 73575636