53 Needham St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed | $925,000 | |
| Listed | |||
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Welcome to 53 Needham Street, located in the heart of Dedham and checks all of your boxes. This expansive 5-bedroom, 3 full bath home blends classic architecture with thoughtful updates, including central air & abundant storage throughout. The main level offers ample room for entertaining, with seamless flow throughout the living & dining spaces. The bright kitchen with stainless steel appliances and walk-in pantry connects to the mudroom, and a versatile first-floor bedroom with a full bath, ideal for guests or an in-law setup. Upstairs, you’ll find 4 additional bedrooms, including a finished third-floor space perfect as a private suite, office, or bonus room. Outside, the fenced-in backyard offers privacy & room to relax, entertain, or garden. Conveniently located, you'll enjoy easy access to Boston, Legacy Place, I-95, Rt 1, and Dedham Square, filled with shops, dining, & entertainment. Embrace the ideal blend of urban accessibility & suburban peace in this exceptional Dedham home.
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| May 10, 2019 | Sold | ||
| Sold | |||
| Jan 30, 2019 | Listed by RE/MAX Achievers | $689,900 | |
| Listed by RE/MAX Achievers | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017