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    3 Crescent Rd Needham, MA 02494

    New
    For Sale
    $989,900

    Residential - Needham, MA

    Lot size:
    0.19 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 3 Crescent Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GR
    APN
    M:099.0 B:0050 L:0000.0,142829
    Lot size
    0.19 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty (508) 238-5000 [email protected]

    Listing agent Robert Chestnut (508) 238-5000

    Listing date Dec 3, 2025

    MLS# 73459475 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Needham Residential Land Redevelopment Opportunity

    This residential land, situated in Needham Heights, presents an opportunity for builders, developers, end-users seeking custom design and build options, and investors interested in redevelopment projects. Located approximately two blocks from the commuter rail, the property benefits from a strategic location within the town. Zoned GR (General Residence), the site is suitable for redevelopment, expansion, or potential multi-unit construction, subject to town approvals. This location offers connectivity within Needham.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.237699
    Latitude
    42.293454

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    FAQs

    What type of property is this?
    Land - Residential land in Needham Heights, ideal for redevelopment or expansion.
    Where is this land located?
    The property is located at 3 Crescent Rd Needham, MA.
    What is the asking price?
    The asking price for this property is $989,900.
    What are key features of this property?
    This property features: - Strategic location in Needham Heights, offering excellent connectivity.; - Redevelopment opportunity within a General Residence (GR) zone.; - Potential for multi-unit construction (subject to town approvals).
    (508) 238-5000
    Request Owner's contact information
    3 Crescent Rd Needham, MA 02494
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    Needham, MA 02494
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Crescent Rd Needham, MA 02494
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