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10 Days on market
378 River Street Norwell — Photo 1 of 42

378 River Street Norwell — Photo 1 of 42

$1,675,000

Investment Analysis — 378 River Street

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 1.13% cap rate and $18,899/yr in estimated NOI at the $1,675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,805

Style

Single Family

Built

1850

A once-in-a-generation opportunity on one of Norwell’s most beautiful and storied roads. Rarely does a property of this scale, character and setting become available. Set well back from River Street on 5.4 breathtaking acres, this captivating c.1850 Antique Colonial is surrounded by sweeping lawns, magnificent mature trees, historic stone walls and a classic New England barn. A winding circular drive leads through the grounds, revealing a property that feels wonderfully private, pastoral and almost untouched by time. Inside, 4 bedrooms and 3.5 baths are complemented by a collection of warm and inviting spaces rich with period character. Thoughtfully expanded over the years, the home beautifully bridges its history with modern living. A more recent kitchen addition creates a light-filled heart of the home, with soaring cathedral ceilings and expansive views across the backyard and picturesque grounds. Multiple living and entertaining spaces offer flexibility while retaining the warmth and authenticity that make an antique home so special. Outside, more than five acres of open lawn, mature landscape, stone walls and the classic barn create an idyllic setting for entertaining, gardening, recreation or simply enjoying the remarkable peace and privacy. A whole-house generator provides added peace of mind, and at the buyer’s request, the sellers may install a new Title V septic system. Located along one of the South Shore’s most scenic country roads, moments from Norwell Center, top-rated schools and commuter routes, 378 River Street represents an increasingly rare opportunity: extraordinary land, enduring history and an incomparable sense of place. A property like this may come along only once in a lifetime. Showings begin Thursday 9/2

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 3,805 sq ft principal dwelling). Lot size: 235,224 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

Original Price$1,675,000
Annual Taxes$16,487

Parking

Garage0
Off-Street14

Interior Specifications

Total Rooms11
Fireplaces3
FlooringWood, Tile, Carpet, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Wood
BasementFull, Interior Entry

Climate & Utilities

HeatingCentral, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofWood
FoundationStone
ZoningRes

Property & Lot

Acres5.4
SqFt Lot235,224
Lot FeaturesFarm, Gentle Sloping

Amenities & Appliances

Oven • Dishwasher • Range • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 3Bedroom 4Bathroom 3
First
Living RoomFamily RoomBedroom 2Bathroom 1Bathroom 2
Main,First
Dining RoomKitchen
Living Room
Lvl First

24 x 18

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Chair Rail, Recessed Lighting, Window Seat

Dining Room
Lvl Main,First

22 x 13

Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Picture, French Doors, Chair Rail, Lighting - Overhead

Kitchen
Lvl Main,First

17 x 14

Skylight, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting

Family Room
Lvl First

24 x 16

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Master Bedroom
Lvl Second

24 x 15

Bathroom - Full, Flooring - Wood, Window(s) - Picture

Bedroom 2
Lvl First

19 x 12

Bedroom 3
Lvl Second

17 x 9

Flooring - Wood, Closet - Double

Bedroom 4
Lvl Second

24 x 10

Flooring - Wood

Bathroom 1
Lvl First

8 x 3

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

9 x 8

Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower

Bathroom 3
Lvl Second

8 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Vinyl, Wainscoting, Lighting - Sconce

Listing Provided By

Listing Agent: Poppy Troupe

Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office

MLS® Number: 73571272