292 Cross Street #B Norwell — Photo 1 of 8
$3,000,000
Investment Analysis — 292 Cross Street #B
Norwell, MA 02061 — Cranberry Crossing
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02061 carries an estimated $3,880/mo in gross rent — about a -2.15% cap rate and $-64,613/yr in estimated NOI at the $3,000,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
6,544
Style
Single Family
Built
2026
"The Hawthorne" is surrounded by a serene and scenic setting. This stunning 6,544 sq ft home, where elegance meets modern sophistication. With 5 beds and 5.5 baths, the layout is perfect for both everyday living and entertaining. The home's chef’s kitchen features a 10 ft island, inset cabinetry, a high-end appliance package, and is complemented by a well-appointed wet bar and walk-in pantry. A 1st floor guest suite offers a full bath, laundry and walk-in closet, and option for separate living area, providing comfort and flexibility for extended stays. Upstairs you'll find 4 spacious en suite bedrooms, including a Jack & Jill bathroom and an additional office/study space. The finished lower level with 9 ft ceilings and a full bath provides endless potential for flexible, multi-purpose living space. A dedicated 1st floor office, sun-drenched living spaces, and impeccable finishes complete this mindfully designed home and private oasis! Completion expected Fall 2026
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 6,544 sq ft principal dwelling). Lot size: 45,041 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.
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Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Wine Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Wet Bar, Recessed Lighting, Crown Molding
Dining Room
Lvl FirstFlooring - Hardwood, Recessed Lighting, Crown Molding
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Lighting - Pendant
Office
Lvl FirstFlooring - Hardwood, Recessed Lighting, Crown Molding
Family Room
Lvl BasementBathroom - Full, Closet, Flooring - Vinyl, Recessed Lighting
Master Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Melissa Mcnamara Group
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73537372
