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166 Norwell Norwell — Photo 1 of 40

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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$1,800,000
Annual Taxes$19,464

Parking

Garage10
Off-Street16

Interior Specifications

Total Rooms18
Fireplaces6
FlooringTile, Hardwood, Flooring - Hardwood
BasementInterior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Baseboard, Natural Gas, Fireplace
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningRes A

Property & Lot

Acres2.5
SqFt Lot108,900
Lot FeaturesCorner Lot, Cleared, Gentle Sloping, Level

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

Third
Bedroom 5Bathroom 3
Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Main
Office
Living Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Hardwood

Dining Room
Lvl First

Closet, Flooring - Hardwood, Chair Rail

Kitchen
Lvl First

Closet, 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 Main

Closet/Cabinets - Custom Built, Exterior Access, Window Seat

Family Room
Lvl First

Bathroom - Full, Walk-In Closet(s), Chair Rail, Open Floorplan, Lighting - Pendant, Closet - Double

Primary Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Flooring - Hardwood

Bedroom 5
Lvl Third

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Hardwood

Bathroom 3
Lvl Third

Bathroom - Tiled With Tub & Shower, Flooring - Hardwood

Listing Provided By

Listing Agent: Anne Greene

Listing Office: Coldwell Banker Realty - Hingham

MLS® Number: 73578685