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2 Days on market
1475 Washington St Walpole — Photo 1 of 32

1475 Washington St Walpole — Photo 1 of 32

$674,900

Investment Analysis — 1475 Washington St

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 3.25% cap rate and $21,968/yr in estimated NOI at the $674,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,834

Style

Single Family

Built

1953

Welcome home to this beautifully updated Ranch, originally built by Steele M Lightbody for his own family and set on a gorgeous 1.43-acre lot with a circular horseshoe driveway and a new stone veneer façade. The generous acreage offers exciting opportunity for future expansion. The main level offers an open floor plan with a fireplaced living room, new floors, and recessed lighting, flowing into the dining area and a brand-new kitchen featuring quartz countertops, stainless steel appliances, ceramic tile floors and backsplash, recessed lights, and a breakfast bar. Two bedrooms with new floors and a remodeled bath with a tiled shower stall and new fixtures complete the level. Enjoy the recently upgraded 156 sq. ft. three-season sunroom (not included in square footage), offering potential for additional living space. A convenient mudroom connects the side entrance to the attached one-car garage. The fully remodeled lower level adds a family room with recessed lights, a third bedroom with egress window, and a luxury full bath with double vanity, tile floors, and modern fixtures, plus storage. Just 5 minutes to Walpole Center and the commuter rail, 5 minutes to Gillette Stadium and Patriot Place, with easy access to Route 1 and I-95.

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 1,834 sq ft principal dwelling). Lot size: 62,291 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$674,900
Annual Taxes$6,669

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Vinyl, Laminate
BasementFull, Finished

Climate & Utilities

HeatingCentral, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres1.43
SqFt Lot62,291
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Highway Access • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomPrimary BedroomBedroom 2Bathroom 1
Basement
Family RoomBedroom 3Bathroom 2
Main,First
Dining RoomKitchen
Living Room
Lvl First

13.666666666 x 17.666666666

Flooring - Laminate, Recessed Lighting, Remodeled

Dining Room
Lvl Main,First

9.416666666 x 17.666666666

Flooring - Laminate, Open Floorplan, Lighting - Pendant

Kitchen
Lvl Main,First

12.333333333 x 17.416666666

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Recessed Lighting, Remodeled, Stainless Steel Appliances

Family Room
Lvl Basement

19.666666666 x 11.25

Flooring - Vinyl, Recessed Lighting, Remodeled

Primary Bedroom
Lvl First

13.166666666 x 12.666666666

Closet, Flooring - Laminate

Bedroom 2
Lvl First

9.333333333 x 14.833333333

Bedroom 3
Lvl Basement

11.416666666 x 17.25

Flooring - Vinyl, Recessed Lighting

Bathroom 1
Lvl First

5.083333333 x 9.833333333

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled

Bathroom 2
Lvl Basement

11.416666666 x 8.333333333

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity, Remodeled

Property History

Listed
$674,900

Sep 22, 2026

MLS® 73581041

Expired
$720,000

Apr 30, 2026

MLS® 73409082

Listed
$720,000

Jul 24, 2025

MLS® 73409082

Listing Provided By

Listing Agent: The Cobi Team

Listing Office: William Raveis R. E. & Home Services

MLS® Number: 73581041