40 Prospect St, Needham, MA 02492
OFF MARKET

40 Prospect St
Needham, MA 02492

  • 4 Beds
  • 3 Baths
  • 1,176 sqft

$1,825,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $10,973/mo*
Refinance Your Home

$1,825,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $10,973/mo*
Refinance Your Home
4 Beds
3 Baths
1,176 sqft

Local Information

  • Map ViewExplore the area around 40 Prospect St.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2001
Living Area
1,176 sqft
Price/Sqft
$1,552
Parking
Garage

About this House

This single-family home is located at 40 Prospect St, Needham, MA. 40 Prospect St is in Needham, MA and in ZIP code 02492. This property has 4 bedrooms, 3 bathrooms and approximately 1,176 sqft of floor space. This property has a lot size of 7840 sqft and was built in 2001.
40 Prospect St, Needham, MA 02492 is a 4 bedroom, 3 bathroom, 1,176 sqft single-family home built in 2001. It last sold for $694,900 on Nov 27, 2001. It is currently off market. The Trulia Estimate is $1,825,400, with a rent estimate of $5,551/month.

Home Details for 40 Prospect St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 8
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2001Year Updated: 2001
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price History for 40 Prospect St

DatePriceEventSource
11/27/2001$694,900Sold
N/A
01/23/2001$322,000Sold
N/A

Market trends in Needham

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.49M
$63.33KMoM
Sale-to-List Price
101.2%
2.1%MoM
Price per sq ft
$592
$37MoM
Available listings
107
4MoM
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Property Tax and Assessment

Year2025
Tax$16,407
Assessment$1,547,800
Home facts updated by county records

Comparable Sales for 40 Prospect St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
72 Marked Tree Rd, Needham, MA
0.24
Single-Family Home
$650,000
07/10/26
3
2
1,087
151 Oak St, Needham, MA
0.29
Single-Family Home
$999,999
03/26/26
3
3
1,330
79 Henderson St, Needham, MA
0.35
Single-Family Home
$1,385,000
09/03/25
4
2.5
1,592
95 Marked Tree Rd, Needham, MA
0.29
Single-Family Home
$900,000
09/19/25
3
1.5
1,520
19 Marked Tree Rd, Needham, MA
0.14
Single-Family Home
$1,585,000
07/10/26
3
3
2,159
16 Abbott St, Needham, MA
0.22
Single-Family Home
$925,000
11/17/25
3
2
1,322
87 Hancock Rd, Needham, MA
0.32
Single-Family Home
$1,345,000
07/30/26
4
2.5
2,220
1152 Central Ave, Needham, MA
0.37
Single-Family Home
$890,000
08/28/25
3
2
1,296
50 Meetinghouse Cir, Needham, MA
0.42
Single-Family Home
$1,535,000
04/29/26
4
3
2,250
277 Rosemary St, Needham, MA
0.45
Single-Family Home
$1,325,000
07/08/26
4
2.5
2,489

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Prospect St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Needham

At least 138 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 87 % Say parking is easy

  • 83 % Say yards are well-kept

  • 82 % Say people would walk alone at night

  • 79 % Say car is needed

  • 76 % Say there's holiday spirit

  • 75 % Say kids play outside

  • 70 % Say streets are well-lit

  • 67 % Say it's quiet

  • 65 % Say it's walkable to restaurants

  • 63 % Say they plan to stay for at least 5 years

  • 62 % Say neighbors are friendly

  • 61 % Say there's wildlife

  • 55 % Say there are community events

  • 54 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Timothy Connolly
    "I have raised six children in Needham. Best place to live "
    0
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  • Adrian Durbin
    "It is a great place for families or anyone with dogs. Extremely friendly and welcoming. I grew up here and it’s even better than it was 30 years ago. "
    0
    Flag
  • Lschneidermd1
    "People walk their dogs on leash and are good about picking up after them. There are dog friendly hiking trails. "
    0
    Flag
  • Louwf
    "There are Lots of dogs around. Good sidewalks and parks. Great dog facilities in town for dog watching and pet friendly ice cream and coffee shops"
    0
    Flag
  • Trulia User
    "Seems great for dog owners, an excellent spot. Love it! Unsure if there’s a dog park but good sidewalks etc"
    1
    Flag
  • Dikla
    "Most important is school and the Education system. Safety of the streets Family neighborhood. Nice neighborhoods. Friendly. Nice restaurants and coffee shops. "
    2
    Flag
  • Apcollins
    "My commute is easy based on simple access to the highway system and commuter rail. Most of the time I find it is a reverse commute."
    0
    Flag
  • Claire B.
    "There are lots of dogs around and most people are friendly about them. There is a dog park in town as well. Though there are some who are annoying about dogs doing their business on their lawns. I have been yelled at before which is frustrating. "
    3
    Flag
  • Jaugat
    "Respectful, caring neighbors. Kids who play together, new school, proximity to everything. Would not change a thing!"
    0
    Flag
  • Claire B.
    "There are amazing schools and lots of other families with children! There are also great parks and places to go hike."
    0
    Flag
  • Andrew M.
    "Family friendly safe neighborhood. Convenient to the town center, restaurants, stores, medical and dental service providers, etc."
    0
    Flag
  • Claire H
    "The schools in the area are too notch. Join the local parents group! Parenttalk is a wonderful way to connect with other parents "
    0
    Flag
  • Acsmith33
    "Our neighborhood has block parties twice per year. The town has events for all major holidays like NYE and 4th of July "
    0
    Flag
  • Eklayman
    "The area has nice sidewalks and is well lit at night. There are many other dog walkers so you’ll meet other dog fans. "
    1
    Flag
  • Maiken.duelund
    "A lot of good restaurants, cafés and shopping within walking distance supports a lively city center. Many physical activities for children and their parents."
    0
    Flag
  • Chelly2566
    "I really do love my area that I live then I do walk my dog I do clean up after myself but sometimes there be some people who do not and they will leave feces but I've just learned to just pay attention to my surroundings and pay attention to the individuals that don't walk with bags"
    0
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  • Jjmitchell85
    "Living n Needham and commuting to the city is very straight forward. The rail line is dedicated to the Needham commuter rail, the line ends/originated in Needham, and there are 4 stops in the small town. I walk 5min from my house to the train and get off at back Bay to walk just another 5min to my office. Delays are limited due to the fact that this rail line only serves the Needham line."
    0
    Flag
  • Bobsled
    "Block parties, kids outside, dad/mom nights, walk to school, general sense of security, community, and care. "
    0
    Flag
  • Andrew M.
    "July 4th fireworks, Memorial Day parade, neighborhood/block parties, and other events. Farmers Market. "
    0
    Flag
  • Ray S.
    "I have lived here for twelve years and neighbors are the best, looking out for everyone, friendly and taking interest in the well being of the community."
    0
    Flag
  • JAS
    "There’s a lot of dogs and friendly dog owners. Everyone loves dogs here. Everyone walks their dogs and we all have yards. "
    0
    Flag
  • Gsoldato26
    "I lived in this neighborhood for 9 years. The k-12 schools are great. Very friendly, safe and supportive community. "
    0
    Flag
  • Charlotte S.
    "Amazing school system. A safe town, never any problems. Most of the town is turning into mcmansions, but some of the charm has remained. The population is growing rapidly. The commuter rail runs right into south station in Boston "
    0
    Flag
  • Peter B.
    "It’s nice. Good access to trains and highway. Close to Boston. Very safe. Many families. Some business too across the highway."
    0
    Flag
  • Kumar P.
    "great neighborhood for raising a family. probably the best in the states. very friendly folks. good schools. brilliant library. "
    1
    Flag
  • Bradleycharleswhite
    "My wife and I have lived in Needham for 2 years now and love the community. All of our neighbors are very friendly."
    0
    Flag
  • Ellen W. D.
    "I live in the neighborhood and it's close to everything and really friendly!"
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

16 pet-friendly rentals in Needham, MA

Explore by feature - Garage

6 rentals with a garage in Needham, MA

Explore by feature - Air Conditioning

21 rentals with air conditioning in Needham, MA

Explore by feature - Pool

Explore by feature - Washer/dryer

19 rentals with a washer/dryer in Needham, MA

Homes for sale near 40 Prospect St

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Off Market Homes Near 40 Prospect St

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Frequently asked questions about 40 Prospect St

  • What is 40 Prospect St estimated to be worth?
    Trulia's estimated value for 40 Prospect St in Needham, MA is $1,825,400.
  • What is the price history for 40 Prospect St?
    40 Prospect St in Needham, MA last sold for $694,900 in November 2001.
  • Is Needham a buyer's or seller's market?
    Needham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Needham?
    The median sale price in Needham is $1.49M. That is up $63.33K from the prior month.
  • How big is the lot at 40 Prospect St?
    The lot at 40 Prospect St in Needham, MA is about 0.18 acres (7,840 sq ft).
  • Does 40 Prospect St have a garage?
    Yes, 40 Prospect St in Needham, MA has a garage.