
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Highway Access • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.666666666 x 17.666666666
Flooring - Laminate, Recessed Lighting, Remodeled
Dining Room
Lvl Main,First9.416666666 x 17.666666666
Flooring - Laminate, Open Floorplan, Lighting - Pendant
Kitchen
Lvl Main,First12.333333333 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 Basement19.666666666 x 11.25
Flooring - Vinyl, Recessed Lighting, Remodeled
Primary Bedroom
Lvl First13.166666666 x 12.666666666
Closet, Flooring - Laminate
Bedroom 2
Lvl First9.333333333 x 14.833333333
Bedroom 3
Lvl Basement11.416666666 x 17.25
Flooring - Vinyl, Recessed Lighting
Bathroom 1
Lvl First5.083333333 x 9.833333333
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl Basement11.416666666 x 8.333333333
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity, Remodeled
Property History
$674,900
Sep 22, 2026
MLS® 73581041
$720,000
Apr 30, 2026
MLS® 73409082
$720,000
Jul 24, 2025
MLS® 73409082
Listing Agent: The Cobi Team
Listing Office: William Raveis R. E. & Home Services
MLS® Number: 73581041
