
39 Gerard Rd Norwell — Photo 1 of 23
Recent Drop: $20,000
$779,000
Investment Analysis — 39 Gerard Rd
Norwell, MA 02061
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02061 carries an estimated $3,510/mo in gross rent — about a 3.07% cap rate and $23,941/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,832
Style
Single Family
Built
1952
Welcome home to this bright and inviting Cape, perfect for anyone looking for comfort, community and commuter convenience. Located in a desirable Norwell neighborhood, it is just minutes from Queen Anne’s Corner, Derby Street shops, local schools, and convenient highway access, The thoughtfully designed first floor features an open living and dining area, a well-appointed kitchen with stainless steel appliances, beautiful hardwood floors, and an updated bathroom. A convenient first-floor primary bedroom provides flexibility and upstairs are two generously sized bedrooms that offer plenty of space for whatever your needs may be. The finished walkout basement adds valuable living space—perfect for a playroom, family room, gym, or entertaining area—with direct access to the private, fenced-in backyard. Outside, enjoy your own peaceful retreat complete with a firepit, ideal for summer evenings, weekend gatherings, and making memories at home. Charming, versatile, and ready for its next chapter, this Norwell home offers the best of suburban living with easy connection to the city.
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 1,832 sq ft principal dwelling). Lot size: 8,319 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11 x 14
Flooring - Hardwood, Exterior Access
Dining Room
Lvl Main,First11 x 9
Closet, Flooring - Hardwood, Chair Rail
Kitchen
Lvl Main,First10 x 12
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Family Room
Lvl Main,First15 x 11
Flooring - Hardwood, Cable Hookup, Chair Rail, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Wainscoting, Lighting - Overhead, Beadboard
Master Bedroom
Lvl Main,First11 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second15 x 11
Bedroom 3
Lvl Second16 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Property History
$779,000
Was $799,000
Aug 25, 2026
MLS® 73562563
$799,000
Aug 12, 2026
MLS® 73562563
Listing Agent: Liz Mccarron Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73562563
