
763 Webster St Needham — Photo 1 of 41
$1,650,000
Investment Analysis — 763 Webster St
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 1.75% cap rate and $28,923/yr in estimated NOI at the $1,650,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
2,653
Style
Single Family
Built
1890
Classic Victorian charm in the heart of Needham Center. Circa 1890, this gracious Victorian seamlessly blends timeless architectural character with a flexible, inviting floor plan and an unbeatable Needham Center location. A welcoming entry hall leads to a formal living room adorned with decorative moldings and a spacious dining room featuring a fireplace, built-in china cabinet, and elegant crown molding. The open-concept kitchen and family room create the heart of the home, with vaulted ceilings, Corian countertops, stainless steel appliances, and sliders opening to a large deck overlooking an expansive, level lot and detached 2 car garage - an exceptional setting for entertaining, relaxing, and enjoying outdoor living. An awning provides welcome shade on the deck, while a half bath, laundry room, and convenient mudroom complete the main level. The beautiful turned staircase leads to the second floor, offering three bedrooms, a dedicated office, and a full bath. The third floor provides an entire guest suite with a comfortable sitting room, two additional bedrooms, and a full bath. This versatile level offers exciting potential to create a spectacular private primary suite or a wonderful retreat for guests, extended family, or au pair living. Many important updates have already been completed, while the home's remaining cosmetic opportunities allow the next owner to bring out its full glory and make it truly their own. With ample off street parking, 763 Webster is ideally situated in the heart of Needham Center, just a short stroll to shops, restaurants, the high school, commuter rail, St. Joseph's Church and School, and minutes to major highways. This is a special opportunity to own a substantial Victorian home with character, space, and tremendous potential in one of Needham's most desirable locations. Open Houses Saturday and Sunday 12-2.
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 2,653 sq ft principal dwelling). Lot size: 13,242 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Crown Molding, Decorative Molding, Pocket Door
Dining Room
Lvl FirstFlooring - Hardwood, Crown Molding, Pocket Door, Tray Ceiling(s)
Kitchen
Lvl Main,FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Remodeled
Office
Lvl SecondFlooring - Wall to Wall Carpet
Family Room
Lvl FirstCeiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan, Slider
Master Bedroom
Lvl SecondCeiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl ThirdFlooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 5
Lvl ThirdFlooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - With Shower Stall, Flooring - Laminate
Listing Agent: Mary Ellen Mcdonough
Listing Office: Donahue Real Estate Co.
MLS® Number: 73574600