45 Park St Norfolk — Photo 1 of 39
Recent Drop: $20,000
$669,000
Investment Analysis — 45 Park St
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 2.75% cap rate and $18,372/yr in estimated NOI at the $669,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,232
Style
Single Family
Built
1976
Welcome to 45 Park, a distinctive and beautiful ranch offering space, character, and indoor-outdoor living. Step inside to a bright, inviting living room featuring vaulted ceilings, skylights, and a cozy pellet stove. The updated kitchen is designed for both everyday living & entertaining, showcasing rich cherry cabinetry, stainless steel appliances, and a large island. A spacious dining room lined with windows overlooks the backyard & pool, creating the perfect setting for gatherings. The primary bedroom is charming with fireplace, while 2 additional bedrooms & full bath provide comfortable accommodations. Skylights fill the living spaces with natural light and give an airy feel. A spiral staircase leads to the finished lower level, complete with a second full bathroom and flexible space ideal for a family room or home office. Outside you will find an oversized 2 car garage, inground salt water pool and spacious 0.7 acre lot. Come see it for yourself!
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 2,232 sq ft principal dwelling). Lot size: 30,419 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Oven • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First28 x 19
Exterior Access, Recessed Lighting
Dining Room
Lvl First19 x 16
Skylight, Vaulted Ceiling(s), Recessed Lighting
Kitchen
Lvl First18 x 12
Skylight, Countertops - Upgraded, Kitchen Island, Recessed Lighting
Family Room
Lvl Basement16 x 21
Flooring - Wall to Wall Carpet
Master Bedroom
Lvl First16 x 14
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl First11 x 11
Bedroom 3
Lvl First11 x 11
Closet
Bathroom 1
Lvl First5 x 12
Bathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl Basement7 x 7
Bathroom - Full, Bathroom - With Shower Stall
Property History
$669,000
Was $689,000
Aug 27, 2026
MLS® 73538625
$689,000
Jun 18, 2026
MLS® 73538625
Listing Agent: The Shulkin Wilk Group
Listing Office: Compass
MLS® Number: 73538625
