Lot 9 Waites Crossing Norfolk — Photo 1 of 33
$1,099,900
Investment Analysis — Lot 9 Waites Crossing
Norfolk, MA 02056 — Waites Crossing
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02056 carries an estimated $3,390/mo in gross rent — about a 2.81% cap rate and $30,901/yr in estimated NOI at the $1,099,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,685
Style
Single Family
Built
2026
Discover Waites Crossing in Norfolk, MA. A new cul-de-sac neighborhood of luxury single family homes and townhomes. Now under construction, this Berkeley plan is a 4-bedroom 2.5 bath homestyle. Dine casually around your kitchen island and for special occasions, in your formal dining room. A generous sized family room with fireplace is conveniently open to the kitchen. An additional first floor space can be used as a formal living room or work from home office. Your primary bedroom comes complete with a walk-in closet and en-suite bath that features a double vanity and tiled shower. Three additional bedrooms, full bath and laundry room round out this perfect 2nd floor. Beautiful finishes and generous builder allowances. Benefit from Norfolk's desirable public school system. Schedule your visit and start customizing your new home. #NewHomesNorfolkMA #NewConstructionMA
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 2,685 sq ft principal dwelling). Lot size: 18,000 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Oven • Microwave • Range • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range Hood
Neighborhood
Shopping • Park • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 10
Flooring - Hardwood
Dining Room
Lvl First13 x 13
Flooring - Hardwood
Kitchen
Lvl First14 x 15
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl First15 x 15
Flooring - Hardwood
Master Bedroom
Lvl Second16 x 14
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13 x 15
Bedroom 3
Lvl Second13 x 10
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second13 x 10
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Soaking Tub
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: Brett Speranzella
Listing Office: Streamline Communities - Medford
MLS® Number: 73490029
