
77 Wellesley Avenue Needham — Photo 1 of 37
$3,149,000
Investment Analysis — 77 Wellesley Avenue
Needham, MA 02494 — Needham Heights
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 02494 carries an estimated $4,030/mo in gross rent — about a -0.03% cap rate and $-1,034/yr in estimated NOI at the $3,149,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6
SqFt
6,738
Style
Single Family
Built
2026
Set on an exceptional 3/4-acre lot in one of Needham’s most desirable neighborhoods, this luxury new construction by Precision Development offers a rare combination of sophisticated design, superior craftsmanship, and a private, nature-filled setting. Thoughtfully designed with timeless architecture and modern finishes, the residence features expansive living spaces, beautifully appointed interiors, and a seamless connection between indoor and outdoor living. The generous lot is a true standout, offering an uncommon sense of space and privacy surrounded by mature greenery. Directly beyond the backyard, access to the Sudbury Path creates a unique connection to the outdoors and provides convenient access to Eliot School. Ideally positioned near Needham Center and Needham Heights, the home is also close to commuter rail, highly regarded schools, local dining, shopping, and everyday amenities. Combining the quality and convenience of new construction with a remarkable setting, 77 Wellesley Avenue presents a rare opportunity to enjoy the best of Needham living.
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 6,738 sq ft principal dwelling). Lot size: 30,274 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
Tankless Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood • Range
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Recessed Lighting
Family Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondWalk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondWalk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl FirstBathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Acone & Company Team
Listing Office: Darwin Associates
MLS® Number: 73574313