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6 Days on market

103 Lewis Ave Walpole — Photo 1 of 42

$929,000

Investment Analysis — 103 Lewis Ave

Walpole, MA 02081

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02081 carries an estimated $3,140/mo in gross rent — about a 2.12% cap rate and $19,723/yr in estimated NOI at the $929,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,596

Style

Single Family

Built

1952

Welcome home to this beautifully expanded 3 bedroom, 2.5 Colonial, located on desirable Lewis Avenue. The first floor features a formal dining room with charming built-ins, a fireplaced living room, a private home office, an updated half bath, and a beautiful kitchen with inset cabinetry. Just beyond the kitchen is a gorgeous great room featuring vaulted ceilings a fireplace and custom built-ins, the perfect place to gather and relax.Upstairs, you’ll find three comfortable bedrooms and an updated full bath. Beautiful hardwood floors flow throughout the home. The finished lower level adds even more versatility with a fun game/media room, a full bath, and flexible space ideal for a home office or guest suite. Outside, enjoy your own private retreat with a swimming pool and a two-car garage. With its expanded floor plan, flexible living spaces, and inviting indoor-outdoor amenities, this home has something for everyone!

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 2,596 sq ft principal dwelling). Lot size: 11,250 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.