
28 Green St Needham — Photo 1 of 29
$1,795,000
Investment Analysis — 28 Green St
Needham, MA 02492 — Birds Hill
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 1.72% cap rate and $30,787/yr in estimated NOI at the $1,795,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,500
Style
Single Family
Built
1914
For more than a century, 28 Green Street has overlooked one of Needham’s most picturesque settings- the Needham Golf Club. Built in 1914 and recently restored, this distinguished Victorian blends original character with thoughtful updates for today’s lifestyle. Sun-filled rooms include an inviting living room with fireplace and a cherry-paneled library with custom built-ins and a second fireplace. At the center of the home, a custom eat-in kitchen with all-new THOR appliances combines style and functionality. A grand staircase leads to the second floor, featuring the primary suite, two additional bedrooms, a full bath, and laundry, while two more spacious bedrooms and a half bath are located on the third floor. Outside, a welcoming front porch, new patio, and two-car garage complete the property. Ideally located just moments from the train, 28 Green Street offers a rare opportunity to own a beautifully restored home in a truly special Needham setting.
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 3,500 sq ft principal dwelling). Lot size: 13,983 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstBathroom - Half, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access
Family Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Wainscoting, Decorative Molding
Primary Bedroom
Lvl SecondBathroom - Full, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl ThirdFlooring - Hardwood
Bedroom 5
Lvl ThirdFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Bathroom 3
Lvl SecondBathroom - Tiled With Tub & Shower
Property History
$1,795,000
Sep 23, 2026
MLS® 73581636
$1,795,000
Jul 22, 2026
MLS® 73480127
$1,795,000
Feb 25, 2026
MLS® 73480127
$1,300,000
Oct 3, 2025
MLS® 73437617
$1,200,000
Sep 30, 2025
MLS® 73437617
Listing Agent: The Coduri Magnus Team
Listing Office: Engel & Volkers Wellesley
MLS® Number: 73581636