Active
53 Days on market
305 Main Street Norfolk — Photo 1 of 34

305 Main Street Norfolk — Photo 1 of 34

Recent Drop: $102,000

$1,100,000
$998,000

$998,000

Investment Analysis — 305 Main Street

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 1.38% cap rate and $13,778/yr in estimated NOI at the $998,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,888

Style

Single Family

Built

2023

Motivated seller who is looking forward to downsizing!! Welcome to this beautifully crafted Colonial, built in 2023 and nestled on 1.67 private acres, set back from the road for exceptional privacy and tranquility. Offering 3,488 sq ft of thoughtfully designed living space, this home features an open-concept floor plan ideal for everyday living and entertaining. Boasting 9 rooms, 4 bedrooms, 3.5 baths, a dedicated home office, 9-ft ceilings, and luxury vinyl flooring throughout the first floor. Upstairs you'll find a spacious primary suite with two walk-in closets and a private en-suite bath, plus two additional generously sized bedrooms and a 2nd full bath. The heated oversized 30x26 2-car garage offers ample storage. A newly built 2026 in-law suite features its own private entrance, mini-split heat/AC, kitchen, and a full bath, perfect for extended family, guests, or multi-generational living. The basement also offers 9 ft ceilings! This exceptional property combines modern construction, privacy, flexibility, and a convenient location.

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 2,888 sq ft principal dwelling). Lot size: 72,902 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$1,100,000
Annual Taxes$14,312

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile, Carpet, Flooring - Hardwood, Laminate
BasementFull, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingForced Air
CoolingWindow Unit(s), Ductless
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.67
SqFt Lot72,902
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Stainless Steel Appliance(s) • Plumbed For Ice Maker

Neighborhood

Shopping • Park • Stable(s) • House of Worship • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Living Room
Lvl First

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding

Dining Room
Lvl First

Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Crown Molding

Kitchen
Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding

Office
Lvl First

Flooring - Hardwood, French Doors, Recessed Lighting, Crown Molding

Master Bedroom
Lvl Second

Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Crown Molding

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Crown Molding

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Crown Molding

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Crown Molding

Property History

Price Drop
$998,000

Was $1,100,000

Aug 26, 2026

MLS® 73552530

Listed
$1,100,000

Jul 21, 2026

MLS® 73552530

Listing Provided By

Listing Agent: Margaret Cimetta

Listing Office: Keller Williams Realty Signature Properties

MLS® Number: 73552530