
16 Yale Rd Hopkinton — Photo 1 of 23
Recent Drop: $5,000
$584,900
Investment Analysis — 16 Yale Rd
Hopkinton, MA 01748
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01748 carries an estimated $3,220/mo in gross rent — about a 3.94% cap rate and $23,033/yr in estimated NOI at the $584,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,341
Style
Single Family
Built
1955
A beautifully maintained cottage located in a desirable neighborhood, just a short distance to Lake Maspenock's Sandy Beach and a boat ramp. Set on a quiet dead-end road, the home is just steps from nature trails. With one of the largest lots in the neighborhood, the property offers tremendous potential for future expansion. The yard includes beautiful flowers, plants, fruit trees, a peaceful waterfall, a chicken coop, and more. Numerous updates have been completed in recent years, including roof, windows, electrical, shed, interior and exterior painting, smart high efficiency water heater and granite counter tops. Most recently, a mini-split system was installed throughout the home, providing efficient year-round comfort. Offering both privacy and convenience, this home is just minutes from shopping and major commuter routes, including Route 495. Come see all this special property has to offer and imagine the possibilities!
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: 671 sq ft (the lesser of 900 sq ft or half the 1,341 sq ft principal dwelling). Lot size: 40,075 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 & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
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Shopping • Walk/Jog Trails • Highway Access
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Lvl FirstKitchen
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Lvl FirstBedroom 3
Lvl BasementProperty History
$584,900
Was $589,900
Sep 9, 2026
MLS® 73563713
$589,900
Aug 14, 2026
MLS® 73563713
$590,000
Oct 28, 2024
MLS® 73286331
$590,000
Sep 6, 2024
MLS® 73286331
Listing Agent: Sanja Dutra
Listing Office: RE/MAX Compass
MLS® Number: 73563713