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12 Fortune Drive Norwood — Photo 1 of 40

12 Fortune Drive Norwood — Photo 1 of 40

$1,399,000

Investment Analysis — 12 Fortune Drive

Norwood, MA 02062

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02062 carries an estimated $3,730/mo in gross rent — about a 1.61% cap rate and $22,481/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

4,482

Style

Single Family

Built

1992

Exceptional center-entrance Colonial with a unique townhouse-style in-law, offering over 4,400 sq. ft. of flexible living space that can function as a 5-bedroom single-family home or accommodate multi-generational living, extended family, guests, or a home office. The main home features a spacious kitchen with granite countertops, stainless steel appliances, and a 10-foot island, formal dining room, office with French doors, four-season room, and stunning great room with vaulted ceilings and fireplace. The second floor offers a primary suite, three additional bedrooms, and full bath. A finished walkout lower level leads to a private backyard with a saltwater pool and abutting conservation land for added privacy. The attached townhouse-style in-law includes an open-concept kitchen with pantry, living and dining area, half bath, and expansive upper-level suite with full bath, walk-in closet, sitting area, and laundry. Conveniently located near major routes, commuter rail, walking trails & within the Prescott Elementary School district.

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 4,482 sq ft principal dwelling). Lot size: 12,500 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

Original Price$1,399,000
Annual Taxes$11,537

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Carpet, Hardwood, Wood Laminate, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Laminate, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Baseboard, Electric Baseboard, Natural Gas, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.29
SqFt Lot12,500
Lot FeaturesCul-De-Sac, Wooded, Easements, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Dining RoomOfficeFamily RoomBedroom 5Bathroom 1
Main,First
Kitchen
Dining Room
Lvl First

14 x 12

Flooring - Hardwood

Kitchen
Lvl Main,First

25 x 13

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Office
Lvl First

14 x 13

Flooring - Hardwood, French Doors

Family Room
Lvl First

24 x 23

Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Chair Rail

Primary Bedroom
Lvl Second

12 x 14

Bathroom - 3/4, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

11 x 13

Bedroom 3
Lvl Second

10 x 11

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

9 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 5
Lvl First

15 x 16

Bathroom - 3/4, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

6 x 6

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 13

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

7 x 13

Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Maria Gorman

Listing Office: Coldwell Banker Realty - Westwood

MLS® Number: 73581950