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Needham 02494
556 Webster Street
Photo of 556 Webster Street
Sold on Jan 27, 2026

4

Map

Photo of 556 Webster Street
Photo of 556 Webster Street
$1,000,000
● House - Off Market

556 Webster Street

Needham, MA 02494
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,352 Ft²
$5,451
Est. Monthly

About This Property

Endless Possibilities Await-Build New or renovate! Welcome to an exceptional opportunity in Needham Heights. This charming 8 room home offers boundless potential-whether you envision a thoughtful renovation or starting fresh with new construction. Ideally located near the highly regarded Needham High School and just minutes from Needham Heights shops, restaurants, and commuter rail station. This is an outstanding commuter location with excellent access to all major routes (Route 128/95/Mass Pike), making it easy to reach Boston and surrounding areas. Don't miss your chance to bring your vision to life and create the home of your dreams in this Needham location. Property is being sold as-is. Buyers & their agents are encouraged to conduct their own due diligence.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$695
Property Type
House
Property Taxes
$840
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 9 months ago (MLSPIN #73452506)

Price History

Date / Event Date Event Price
Jan 27, 2026 Sold
Premium
Sold
Nov 12, 2025 In contract -
In contract
Nov 7, 2025 Listed by William Raveis R.E. & Home Services $939,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 703
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,847
  • Gross Building Area: 2,550
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Needham School District
  • School Tax School District: NEEDHAM SD
  • Census Tract: 457200

Zoning

  • Zoning: SRB

Geography

  • Parcel: NEED M:055.0 B:0098 L:0000.0
  • Block: 98
  • Municipality: NEEDHAM
  • Latitude: 42.2888
  • Longitude: -71.2307

    Address

  • Full Address: 556 Webster St
  • Address - House Number: 556
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Needham Heights
  • Carrier Code: C048
  • 4-Digit Zip Code: 1138
  • Zip Code: 02494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,013,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,145,906
  • High Value: 1,323,382
  • Low Value: 968,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777,400
  • Assessed Land Value: $545,000
  • Assessed Improvements Value: $232,400
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Needham

Stats & Trends

Median Asking:

$1,625,000

Sale Price/ft²

$533

Below Asking

0.01%

Average Days on Market

64

Average Home Size

4296 ft²

Average Home Age

38.6 years

Currently For Sale

66 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 9 months ago
Data Source: MLS PIN, MLS# 73452506

Frequently Asked Questions

When was property at 556 Webster Street built and last sold?
The property at 556 Webster Street was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 556 Webster Street is $0.
What are some comparable homes to 556 Webster Street?
There are currently no comparable homes to 556 Webster Street.
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