48 May Elm Lane Norwell — Photo 1 of 34
$2,395,000
Investment Analysis — 48 May Elm Lane
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 0.28% cap rate and $6,646/yr in estimated NOI at the $2,395,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
4,366
Style
Single Family
Built
2026
Very few homes are built to this level! Crafted by one of the South Shore’s premier builders, this custom new construction home is set on a quiet cul-de-sac on one of Norwell’s most desirable streets—offering a rare opportunity to secure a thoughtfully designed masterpiece. Privately sited and surrounded by natural beauty, the home offers 4,366 square feet of refined living space, featuring 4 spacious bedrooms, 2.5 baths, and a beautifully finished third floor—designed for both everyday living and elevated entertaining. Architectural details include coffered ceilings, graceful arched entryways, and spa-inspired bathrooms with curated, high-end finishes. At the heart of the home, a chef’s kitchen is appointed with premium appliances, custom cabinetry, and a layout that seamlessly connects the main living, dining areas and home office. A 3-car garage adds everyday convenience. Set within a coveted Norwell neighborhood known for its privacy! MOVE-IN READY! WELCOME 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 4,366 sq ft principal dwelling). Lot size: 50,000 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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Listing Agent: The Reserve Collection Team
Listing Office: Access
MLS® Number: 73549142
