46 Hoover Road Walpole — Photo 1 of 34
$539,000
Investment Analysis — 46 Hoover Road
Walpole, MA 02081
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02081 carries an estimated $2,620/mo in gross rent — about a 3.35% cap rate and $18,049/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
970
Style
Single Family
Built
1951
CHARM, CHARACTER & COMFORT IN A DESIRABLE WALPOLE LOCATION! Open House-Saturday, 9/5-11:00am to 12:30pm. OFFER DEADLINE, per seller, is Tuesday, 9/8 by 12noon. Welcome to 46 Hoover Road, a wonderful opportunity to own a home offering warmth, character, and several updates updates. From the moment you enter, you’ll appreciate the inviting feel created by beautiful hardwood floors, recessed lighting, skylights, French doors, and sliders that bring in an abundance of natural light.The remodeled primary bedroom and primary bath provide a comfortable retreat, while the home’s versatile layout offers plenty of space for everyday living and entertaining. Enjoy year-round comfort with central air approximately 8 years old and an approximately 8-year-old furnace. A wood pellet stove adds cozy warmth and ambiance during the colder months.The bright sunroom with electric heat offers an ideal spot for relaxing, reading, enjoying your morning coffee, or taking in views of the outdoors. The kitchen features a convenient wine cooler, adding a special touch for entertaining.Outside, enjoy a fenced-in yard with attractive vinyl fencing, a large storage shed, and a one-car garage providing additional convenience and storage. The property also includes an easement. Please ask listing agent.Additional updates include an approximately 12-year-old roof and approximately 8-year-old hot water tank.A home with character, comfortable living spaces, and numerous desirable features—ready for its next chapter in Walpole!Close to major routes, Franklin Line Commuter Rail, shopping, restaurants, and approximately 30 minutes to Boston. Property being offered in "AS IS" condition. Call today.
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: 485 sq ft (the lesser of 900 sq ft or half the 970 sq ft principal dwelling). Lot size: 17,690 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.
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 • Walk/Jog Trails • Medical Facility • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.1 x 12.11
Wood / Coal / Pellet Stove, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Flooring - Hardwood, French Doors
Kitchen
Lvl First13.3 x 11.7
Flooring - Hardwood, Kitchen Island, Dryer Hookup - Electric, Washer Hookup
Family Room
Lvl First13.3 x 13.8
Ceiling Fan(s), Flooring - Hardwood, French Doors, Recessed Lighting, Slider
Master Bedroom
Lvl First12.9 x 23.5
Bathroom - Full, Closet, Flooring - Laminate, Deck - Exterior, Recessed Lighting
Bedroom 2
Lvl First12.7 x 10.9
Bathroom 1
Lvl First5.4 x 6.11
Skylight, Ceiling Fan(s), Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First4.6 x 9.4
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Charlie Kanelos
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73571403