Active
80 Days on market
261 Stone Street Walpole — Photo 1 of 12

261 Stone Street Walpole — Photo 1 of 12

$695,000

Investment Analysis — 261 Stone Street

Walpole, MA 02081

Based on rent reported on the MLS listing, a 2-unit multi-family in 02081 carries $3,900/mo in gross rent — about a 4.13% cap rate and $28,690/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,398

Style

2 Family - 2 Units Up/Down

Built

1900

Fantastic Two-Family Opportunity in Walpole's Desirable High School District! Whether you're an investor seeking strong rental income, an owner-occupant looking to offset your mortgage, or accommodating extended family, this well-maintained property offers exceptional versatility. Each unit features a living room, eat-in kitchen, two spacious bedrooms, and a full bath. Separate utilities, gas-fired FHW heating, and updated circuit breakers provide added convenience. NEW Roof, New Heating system & hot water tank 1st floor unit, Newer heating system & hot water tank 2nd floor unit. Two washers and two dryers are included. Current tenants-at-will would love to remain, offering immediate income potential. Ideally located within walking distance to Walpole Center, commuter rail, town pool, playground, library, high school athletic fields, tennis courts, and the scenic Walpole Town Forest. Don't miss this rare opportunity to own a multi-family home in a highly sought-after location

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$695,000
Annual Taxes$6,878

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Laminate
BasementFull, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningGR

Property & Lot

Acres0.25
SqFt Lot10,890
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Property History

Listed
$695,000

Jun 24, 2026

MLS® 73541307

Expired
$629,900

Jan 22, 2026

MLS® 73446569

Listed
$629,900

Oct 22, 2025

MLS® 73446569

Listing Provided By

Listing Agent: Rossana Gonser

Listing Office: RE/MAX Real Estate Center

MLS® Number: 73541307