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16 Yale Rd Hopkinton — Photo 1 of 23

16 Yale Rd Hopkinton — Photo 1 of 23

Recent Drop: $5,000

$589,900
$584,900

$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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$589,900
Annual Taxes$6,333

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Vinyl
BasementPartially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone, Block
RoofShingle
FoundationConcrete Perimeter
ZoningRLF

Property & Lot

Acres0.92
SqFt Lot40,075
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Walk/Jog Trails • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2
Basement
Bedroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl Basement

Property History

Price Drop
$584,900

Was $589,900

Sep 9, 2026

MLS® 73563713

Listed
$589,900

Aug 14, 2026

MLS® 73563713

Terminated
$590,000

Oct 28, 2024

MLS® 73286331

Listed
$590,000

Sep 6, 2024

MLS® 73286331

Listing Provided By

Listing Agent: Sanja Dutra

Listing Office: RE/MAX Compass

MLS® Number: 73563713