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448 River Street Norwell — Photo 1 of 41

448 River Street Norwell — Photo 1 of 41

$1,195,000

Investment Analysis — 448 River Street

Norwell, MA 02061

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02061 carries an estimated $3,880/mo in gross rent — about a 1.53% cap rate and $18,341/yr in estimated NOI at the $1,195,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

2,877

Style

Single Family

Built

1746

With its beautiful curb appeal and one of Norwell's loveliest settings, 448 River Street has long been a home people admire as they pass by. Set behind stone walls on one of Norwell’s most beautiful roads, this three-bedroom, two-and-a-half-bath antique Cape sits on a large, level lot alongside a detached one-bedroom, one-bath apartment and truly majestic 2-story barn. Together, they offer room for guests, extended family, rental income, hobbies and whatever comes next. Inside the main home, rich wide-pine floors, beautiful built-ins and fireplaces create a warm sense of character. Gather around the impressive hearth fireplace in the spacious family room, host dinner in the formal dining room or relax in the inviting front sitting room. A charming butler’s pantry connects the dining room to the first-floor living spaces. The sunlit kitchen features an island and Marvin Integrity windows overlooking the grounds, while a large deck off the back of the house offers space to enjoy the outdoors. The first-floor primary suite looks out to the backyard and includes a sparkling, renovated full bath. Upstairs, two bedrooms, a full bath and laundry complete the main home. Bring your vision to the remaining spaces while preserving the details that make this home special. A whole-house generator offers peace of mind, and a new four-bedroom, Title 5-approved septic system will be installed. The detached 2-story apartment includes its own kitchen, full bath and laundry, with a history of rental use—ideal for guests, extended family or additional income. The majestic barn offers garage space, stalls and storage below, with second-floor potential for an office, studio or creative retreat. Enjoy a setting that feels worlds away, yet is close to Norwell’s top-rated schools, the North River, walking trails, routes into Boston and the coast. With its memorable setting, beautiful details and exceptional versatility, 448 River Street is ready for its next chapter.

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 2,877 sq ft principal dwelling). Lot size: 56,628 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.

Property Details

Financials

Original Price$1,195,000
Annual Taxes$17,045

Parking

Garage6
Off-Street16

Interior Specifications

Total Rooms10
Fireplaces3
FlooringWood, Tile, Hardwood, Pine, Flooring - Hardwood
BasementFull

Climate & Utilities

HeatingCentral
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofShingle, Wood
FoundationBlock, Slab
ZoningRES

Property & Lot

Acres1.3
SqFt Lot56,628
Lot FeaturesGentle Sloping

Amenities & Appliances

Electric Water Heater • Water Heater • Oven • Washer • Dryer • Range Hood

Neighborhood

Park • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 3
First
Living RoomFamily RoomBathroom 1Bathroom 2
Main,First
Dining RoomKitchenPrimary Bedroom
Living Room
Lvl First

29 x 14

Beamed Ceilings, Window(s) - Picture, Exterior Access

Dining Room
Lvl Main,First

15 x 14

Flooring - Wood, Wainscoting, Lighting - Sconce, Lighting - Overhead

Kitchen
Lvl Main,First

20 x 15

Ceiling Fan(s), Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Kitchen Island, Exterior Access, Lighting - Overhead

Family Room
Lvl First

15 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail

Primary Bedroom
Lvl Main,First

20 x 15

Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Picture

Bedroom 2
Lvl Second

20 x 17

Bedroom 3
Lvl Second

17 x 15

Closet/Cabinets - Custom Built, Flooring - Wood, Closet - Double

Bathroom 1
Lvl First

10 x 9

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

6 x 4

Bathroom - Half, Flooring - Vinyl

Bathroom 3
Lvl Second

11 x 7

Bathroom - Tiled With Tub & Shower, Flooring - Vinyl

Listing Provided By

Listing Agent: Poppy Troupe

Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office

MLS® Number: 73581986