Active
32 Days on market
209 Prospect Street Norwood — Photo 1 of 39

209 Prospect Street Norwood — Photo 1 of 39

$799,000

Investment Analysis — 209 Prospect Street

Norwood, MA 02062

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02062 carries an estimated $3,730/mo in gross rent — about a 3.42% cap rate and $27,347/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,166

Style

Single Family

Built

1960

Welcome to this meticulously maintained 4-bedroom, 2.5-bath home ideally located in the heart of Norwood! Just a short distance to the town center, elementary schools, bus lines, and commuter rail, this home offers both convenience and comfort. The main level features beautiful hardwood floors, an eat-in kitchen, and a spacious formal living room complete with a fireplace. Thoughtfully upgraded throughout, the home offers custom closets and beautifully updated bathrooms. The finished basement provides exceptional additional living space with a custom-built bar and fireplace—perfect for entertaining, relaxing, or game nights. Outside, enjoy a private, fenced-in yard with a patio, ideal for outdoor gatherings and summer evenings. A wonderful opportunity to enjoy all that Norwood has to offer!

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 2,166 sq ft principal dwelling). Lot size: 7,244 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$799,000
Annual Taxes$6,671

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces2
FlooringTile, Laminate, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningS2

Property & Lot

Acres0.17
SqFt Lot7,244
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
Basement
Family RoomBathroom 3
Main,First
Living RoomKitchenBathroom 1
Living Room
Lvl Main,First

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Kitchen
Lvl Main,First

Flooring - Hardwood, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Lighting - Overhead

Family Room
Lvl Basement

Flooring - Laminate, Window(s) - Picture, Exterior Access, Recessed Lighting

Primary Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead

Bedroom 4
Lvl Second

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

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Enclosed Shower - Fiberglass, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Lighting - Overhead

Bathroom 3
Lvl Basement

Bathroom - Half, Flooring - Laminate, Lighting - Sconce

Listing Provided By

Listing Agent: Kristen Donahue

Listing Office: Keller Williams Realty Boston South West

MLS® Number: 73562448