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114 Lewis Ave Walpole — Photo 1 of 40

114 Lewis Ave Walpole — Photo 1 of 40

$685,000

Investment Analysis — 114 Lewis 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 3.14% cap rate and $21,519/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,428

Style

Single Family

Built

1949

Welcome to 114 Lewis Avenue! This charming 3BR, 1.5Bath Cape combines classic New England character with extensive updates and a warm, inviting floor plan. At the heart of the home is a beautifully renovated kitchen featuring crisp white cabinetry, stylish countertops and backsplash, stainless steel appliances, recessed lighting and updated flooring. Opened to the living room, the kitchen offers an easy flow for everyday living and entertaining. Just beyond, a sun-drenched sunroom surrounded by windows provides the perfect spot to relax and enjoy views of the backyard. Gleaming hardwood floors add warmth and character, while both baths have been tastefully renovated, including a convenient half bath adjoining the primary bedroom. Step outside to an expansive, level backyard framed by mature trees—ideal for outdoor entertaining, play, gardening or simply relaxing at home. Extensive improvements over the past eight years include conversion from oil to gas with a new gas heating system and water heater, new siding and gutters, replacement windows, updated lighting and electrical, new front door and trim, bulkhead, shed, rear steps and refreshed landscaping. All this just minutes from downtown Walpole, the commuter rail, Route 1 and I-95, offering easy access to shopping, dining and commuting. Move right in and make 114 Lewis Avenue home!

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: 714 sq ft (the lesser of 900 sq ft or half the 1,428 sq ft principal dwelling). Lot size: 8,322 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$685,000
Annual Taxes$7,118

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringHardwood, Flooring - Hardwood, Laminate
BasementFull, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.19
SqFt Lot8,322
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomKitchen
Main,First
Bedroom 3Bathroom 1
Living Room
Lvl First

Closet, Flooring - Hardwood

Kitchen
Lvl First

Flooring - Laminate, Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Chair Rail, Stainless Steel Appliances

Master Bedroom
Lvl Second

Bathroom - Half, Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Main,First

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded

Bathroom 2
Lvl Second

Bathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled

Property History

Listed
$685,000

Sep 10, 2026

MLS® 73575465

Sold
$335,000

Apr 22, 2010

MLS® 71062105

Listed
$334,900

Apr 9, 2010

MLS® 71062105

Listing Provided By

Listing Agent: Tania Rooney

Listing Office: Coldwell Banker Realty - Westwood

MLS® Number: 73575465