
97 Farrar Farm Rd Norwell — Photo 1 of 17
$1,475,000
Investment Analysis — 97 Farrar Farm Rd
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 1.29% cap rate and $19,045/yr in estimated NOI at the $1,475,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,793
Style
Single Family
Built
1995
Meticulously maintained and lovingly cared for by its original owner, this exceptional home offers the perfect blend of comfort, privacy, and convenience. Thoughtfully updated over the years with solid improvements, the home is move-in ready while offering the timeless appeal of a property that has been truly cared for. A beautiful layout on the first floor allows for easy living and room to entertain. The second floor offers a surprise with 3 secondary bedrooms PLUS a multi-room primary suite! The walk-out lower level is perfect for an au-pair, in-laws, or a private place for visitors. Set on more than an acre, the quiet lot provides plenty of space to relax, entertain, garden, and enjoy the outdoors. Easy-care seasonal gardens add color and beauty throughout the year, creating a peaceful backdrop in every season. Tucked away on a quiet dead-end street, yet exceptionally convenient to everyday amenities, commuting routes, and all that the area has to offer. Located within one of the area's highest-ranked school systems, this is a rare opportunity to enjoy space, privacy, and an enviable location—all in one beautifully maintained home.
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 3,793 sq ft principal dwelling). Lot size: 47,480 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Wood, Dining Area, Kitchen Island
Office
Lvl BasementFlooring - Stone/Ceramic Tile
Family Room
Lvl FirstFlooring - Wall to Wall Carpet
Primary Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Closet - Linen, Walk-In Closet(s), Flooring - Hardwood, Dressing Room
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Tiled With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower
Bathroom 3
Lvl FirstBathroom - Half
Listing Agent: Michelle Larnard Group
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73569989