Active
36 Days on market
16 Rainbow Pond Dr #A1 Walpole — Photo 1 of 9

16 Rainbow Pond Dr #A1 Walpole — Photo 1 of 9

$599,900

Investment Analysis — 16 Rainbow Pond Dr #A1

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 2.10% cap rate and $12,577/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,474

Style

Condominium

Built

1980

Country club living in the heart of Walpole...You can stop worrying about lawncare and snow removal when you make Royal Crest Country Club Condominiums your new home. Instead, you can enjoy a round of golf, sunny afternoons at the pool, a fun game of pickleball with your friends, or simply an evening on your patio. This 3-bedroom, 2-bathroom, 1-car garage first floor condominium overlooking the 5th tee also has a large living/dining room, a well-appointed kitchen, an eat-in breakfast nook and a large, separate space on the second floor that can be used as an office, TV room, or just for storage. Other home features include a walk-in closet, pantry, washer/dryer closet, and patio. Amenities of Royal Crest Country Club Condominiums include a 9-hole golf course (free to residents!), a recently updated pool, tennis/pickleball court, clubhouse, and exercise room. The community is close to Walpole K-12 schools. This first-floor unit is highly sought-after, so you should act quickly.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$599,900
Annual Taxes$5,668
HOA Fee$866

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Tile, Carpet
BasementN

Climate & Utilities

HeatingBaseboard, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Disposal • Microwave • ENERGY STAR Qualified Dishwasher

Neighborhood

Public Transportation • Shopping • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

14 x 15

Dining Room
Lvl First

14 x 14

Kitchen
Lvl First

10 x 14

Master Bedroom
Lvl First

16 x 14

Bathroom - Full, Walk-In Closet(s)

Bedroom 2
Lvl First

13 x 15

Bedroom 3
Lvl First

11 x 11

Bathroom 1
Lvl First

10 x 5

Bathroom 2
Lvl First

5 x 9

Listing Provided By

Listing Agent: Lisa Berry

Listing Office: Simply Sell Realty

MLS® Number: 73560631