Investment Analysis — 9 Malcolm St

Norfolk, MA 02056

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02056 carries an estimated $3,080/mo in gross rent — about a 3.29% cap rate and $21,700/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,698

Style

Single Family

Built

1951

Completely renovated and beautifully updated, this three-bedroom, two-full-bath ranch offers turnkey living with modern finishes, comfortable living spaces, and extensive improvements throughout. Step inside to a bright and inviting living room featuring a beautiful fireplace and hardwood floors, creating the perfect setting for relaxing or entertaining. The updated kitchen features quartz countertops, new stainless steel appliances, and a functional layout designed for everyday living.The finished basement provides valuable additional living space, offering flexibility for a family room, home office, recreation area, or guest space. A brand-new bathroom adds even more convenience and functionality. Major improvements include updated electrical and fully updated plumbing, providing added peace of mind. The property also features a propane-powered generator and a storage shed for additional convenience. With three bedrooms, two full bathrooms, a finished basement, extensive updates, and inviting indoor and outdoor spaces, this move-in-ready ranch combines comfort, character, and modern living in a desirable community setting. Located on a quiet dead-end street and on almost a 1/2-acre level lot, this property is just a short stroll to the train station, elementary school, and the center of town. Come and see for yourself.

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: 849 sq ft (the lesser of 900 sq ft or half the 1,698 sq ft principal dwelling). Lot size: 17,859 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.