
114 Lewis Ave Walpole — Photo 1 of 40
$685,000
Investment Analysis — 114 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 3.14% cap rate and $21,519/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,428
Style
Single Family
Built
1949
Welcome to 114 Lewis Avenue! This charming 3BR, 1.5Bath Cape combines classic New England character with extensive updates and a warm, inviting floor plan. At the heart of the home is a beautifully renovated kitchen featuring crisp white cabinetry, stylish countertops and backsplash, stainless steel appliances, recessed lighting and updated flooring. Opened to the living room, the kitchen offers an easy flow for everyday living and entertaining. Just beyond, a sun-drenched sunroom surrounded by windows provides the perfect spot to relax and enjoy views of the backyard. Gleaming hardwood floors add warmth and character, while both baths have been tastefully renovated, including a convenient half bath adjoining the primary bedroom. Step outside to an expansive, level backyard framed by mature trees—ideal for outdoor entertaining, play, gardening or simply relaxing at home. Extensive improvements over the past eight years include conversion from oil to gas with a new gas heating system and water heater, new siding and gutters, replacement windows, updated lighting and electrical, new front door and trim, bulkhead, shed, rear steps and refreshed landscaping. All this just minutes from downtown Walpole, the commuter rail, Route 1 and I-95, offering easy access to shopping, dining and commuting. Move right in and make 114 Lewis Avenue home!
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: 714 sq ft (the lesser of 900 sq ft or half the 1,428 sq ft principal dwelling). Lot size: 8,322 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
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Hardwood
Kitchen
Lvl FirstFlooring - Laminate, Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Chair Rail, Stainless Steel Appliances
Master Bedroom
Lvl SecondBathroom - Half, Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded
Bathroom 2
Lvl SecondBathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled
Property History
$685,000
Sep 10, 2026
MLS® 73575465
$335,000
Apr 22, 2010
MLS® 71062105
$334,900
Apr 9, 2010
MLS® 71062105
Listing Agent: Tania Rooney
Listing Office: Coldwell Banker Realty - Westwood
MLS® Number: 73575465