Active Under Contract
15 Days on market
152 Broad Meadow Needham — Photo 1 of 35

152 Broad Meadow Needham — Photo 1 of 35

$2,450,000

Investment Analysis — 152 Broad Meadow

Needham, MA 02492 — Broadmeadow

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 0.82% cap rate and $20,201/yr in estimated NOI at the $2,450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

4.5

SqFt

4,993

Style

Single Family

Built

2012

!!OFFER DEADLINE! Please submit all offers before 2PM on Monday, August 31st. | The epitome of quality-built colonial in one of Needham's most sought-after neighborhoods just became available! Right next to Broadmeadow Elementary, the property line abuts the school grounds itself. Lovingly maintained by one family since it was built, this home is a rare find. Step inside to discover true craftsmanship throughout, anchored by a gourmet chef's kitchen that was fully custom designed and built. No builder-grade shortcuts here. Upstairs, an expansive primary suite offers a private retreat complete with a jacuzzi bath, along with 5 additional bedrooms and 3 full baths. What truly sets this home apart is the lot, one of the largest in the entire Broadmeadow neighborhood, creates space that's simply not available elsewhere in this area. Lots of this size are finite and rarely come to market; when they do, they don't last. Whether you're envisioning entertaining, gardening, or room for kids to roam, this yard delivers a rare sense of space so close to town. 1/2 Mile to Hersey MBTA commuter rail stop | 3/4 Miles to Needham Golf Club | 0.0 Miles to Broadmeadow Elementary School

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 4,993 sq ft principal dwelling). Lot size: 22,216 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$2,450,000
Annual Taxes$23,301

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms18
Fireplaces1
Flooring--
BasementFull, Bulkhead, Sump Pump, Radon Remediation System, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Hydro Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningSRB

Property & Lot

Acres0.51
SqFt Lot22,216
Lot FeaturesLevel

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bedroom 5
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Lars Lauersen

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73569431