92 Lake Ave Walpole — Photo 1 of 42
$749,000
Investment Analysis — 92 Lake 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 2.65% cap rate and $19,875/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,839
Style
Single Family
Built
1900
Welcome to 92 Lake Ave in Walpole! Sitting in the quaint neighborhood next to Walpole High School, this renovated 3-bedroom, 2-bathroom farmhouse is ready for new owners. Completely updated about a decade ago, this gorgeous farmhouse has modern amenities like central AC and updated mechanicals all while keeping much of its original charm, including the amazing front porch. The main floor features an open dining room and kitchen with an island, updated cabinetry, and stainless steel appliances. The large living room is filled with sunlight and has direct access to the back patio and fenced-in backyard. At the front of the house is a versatile home office space with a ton of potential uses. Off the kitchen is the laundry room and main floor full bath. Upstairs you'll find 3 generously sized bedrooms with ample storage and another renovated full bathroom. Outside is a detached two-car garage for additional storage or a workshop. Conveniently located close to Downtown, Rt 1 & I-95, Commuter Rail, Walpole Country Club, and Gillette Stadium. Don't miss out on this great opportunity to get into a desirable neighborhood in Walpole.
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: 900 sq ft (the lesser of 900 sq ft or half the 1,839 sq ft principal dwelling). Lot size: 10,480 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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Floorplan Breakdown
Structural Layout
Living Room
Lvl First18.166666666 x 13.666666666
Dining Room
Lvl First18 x 11.25
Kitchen
Lvl First16.333333333 x 11.25
Office
Lvl First11 x 12.5
Master Bedroom
Lvl Second13.416666666 x 13.166666666
Bedroom 2
Lvl Second15.083333333 x 11.75
Bedroom 3
Lvl Second18.166666666 x 11.75
Bathroom 1
Lvl First7.5 x 8.25
Bathroom 2
Lvl Second9 x 7.75
Listing Agent: Justin Rollo
Listing Office: Signal Real Estate
MLS® Number: 73573408