
521 High Rock St Needham — Photo 1 of 31
$1,399,000
Investment Analysis — 521 High Rock St
Needham, MA 02492
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02492 carries an estimated $4,770/mo in gross rent — about a 2.20% cap rate and $30,736/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,306
Style
Single Family
Built
1941
Welcome home to this classic Royal Barry Wills colonial that is less than 1 mile from Needham center and 1/2 mile from the Newman Elementary School! This 4 bedroom home is located in a coveted neighborhood and has been meticulously maintained by its long time owners. You will be delighted by the sun-filled kitchen and family room offering a fireplace, skylights, large windows and access to the back deck and yard. In the kitchen you will find an abundance of counter space, a center island and a breakfast bar for extra seating. This home offers recently refinished hardwood floors and early American latch hardware as well as beautiful leaded glass casement windows. Modern amenities like central air conditioning and a 2 car attached garage add comfort and convenience. Second floor provides 4 corner bedrooms including a primary suite, 3 more bedrooms, an additional family bathroom, laundry and an abundance of closet space. There is a staircase to the attic for easy access and extra storage. Basement is open, unfinished and offers extra space for potential expansion. Generous 11,761 square foot lot provides excellent outdoor space with potential. April 2026 NEW furnace and 2019 water heater. This fabulous home awaits its new owners!
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 2,306 sq ft principal dwelling). Lot size: 11,761 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
Gas Water Heater • 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 First21 x 12
Flooring - Hardwood
Dining Room
Lvl First13 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood
Kitchen
Lvl First17 x 14
Flooring - Hardwood, Kitchen Island
Office
Lvl First13 x 10
Flooring - Wall to Wall Carpet, Exterior Access
Family Room
Lvl First18 x 12
Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl Second18 x 14
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second17 x 12
Bedroom 3
Lvl Second16 x 10
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second11 x 9
Closet, Flooring - Hardwood
Bathroom 1
Lvl First8 x 3
Bathroom - Half
Bathroom 2
Lvl Second8 x 5
Bathroom - With Tub & Shower, Skylight
Bathroom 3
Lvl Second9 x 7
Bathroom - With Shower Stall, Skylight
Listing Agent: Judith Brady
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73581196