
166 Norwell Norwell — Photo 1 of 40
$1,800,000
Investment Analysis — 166 Norwell
Norwell, MA 02061
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-bedroom in 02061 carries an estimated $3,880/mo in gross rent — about a 0.88% cap rate and $15,922/yr in estimated NOI at the $1,800,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
6,550
Style
Single Family
Built
1820
Welcome to "The Norwell House", a gracious and distinctive New England estate set on 2.5 lush acres in the heart of Norwell. Rich in character, architectural detail and history, this is the kind of property that is increasingly difficult to come by, a home with a sense of permanence, built for generations and ready for its next chapter.From the moment you enter the grand foyer, the house makes an impression. A dramatic three-story staircase, floor-to-ceiling windows, beautiful period details and a sweeping veranda recall the elegance of an earlier era, while generous rooms and flexible living spaces make the home wonderfully suited to modern family life. At the heart of the house is a newly expanded kitchen designed for both everyday living and entertaining, complemented by a secondary prep kitchen. The spaces flow naturally to gracious interior rooms and outdoor gathering areas, creating a home equally comfortable hosting holidays and celebrations or simply bringing family and friends together.With seven bedrooms and eighteen rooms in total, this home offers remarkable flexibility. A five-room suite with its own entrance occupied the rear wing and can easily be recreated, providing possibilities for extended family (generational living), guests, an au pair, home offices or a potential ADU. The barn, at approximately 6,500 square feet is an extraordinary structure in its own right. It offers exceptional possibilities for the backyard gardener, an automobile collector, or for someone who needs a workshop/studio space. The expansive second floor provides an additional recreational and gathering space. Together with the surrounding acreage, it gives "The Norwell House" the character and versatility of a true gentleman’s farm.The current owners have undertaken substantial improvements during their stewardship of the property, including a new roof, heating upgrades, updated insulation and an expanded kitchen. For the antique lover, equestrian, collector, growing family or simply someone who appreciates homes that cannot be replicated today, The Norwell House offers something genuinely special: history, grace, space and possibility, all on Boston’s South Shore.
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 6,550 sq ft principal dwelling). Lot size: 108,900 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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood
Dining Room
Lvl FirstCloset, Flooring - Hardwood, Chair Rail
Kitchen
Lvl FirstCloset, Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Window Seat
Office
Lvl MainCloset/Cabinets - Custom Built, Exterior Access, Window Seat
Family Room
Lvl FirstBathroom - Full, Walk-In Closet(s), Chair Rail, Open Floorplan, Lighting - Pendant, Closet - Double
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bedroom 5
Lvl ThirdCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Hardwood
Bathroom 3
Lvl ThirdBathroom - Tiled With Tub & Shower, Flooring - Hardwood
Listing Agent: Anne Greene
Listing Office: Coldwell Banker Realty - Hingham
MLS® Number: 73578685

