Active Under Contract
14 Days on market
297 Fisher Street Walpole — Photo 1 of 32

297 Fisher Street Walpole — Photo 1 of 32

$775,000

Investment Analysis — 297 Fisher Street

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 2.58% cap rate and $20,000/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,000

Style

Single Family

Built

1978

OPEN HOUSE CANCELED OFFER ACCEPTED! Opportunity awaits at this spacious home featuring beautiful hardwood floors, two-car garage, solar panels and a flexible floor plan. The main level features a modern kitchen with four-year-old cabinetry and low maintenance laminate flooring. The living room features a fireplace connected to a pellet stove, creating a warm and inviting gathering space. A convenient half bath is also located on the first floor. The enclosed breezeway provides additional living space, with wall-mounted air conditioning and french doors leading to the sunny backyard. Step outside and enjoy the gazebo with hot tub, along with a large shed offering plenty of storage. Upstairs you'll find three bedrooms, including an oversized bedroom that offers the potential to be divided into two separate rooms. The primary bedroom features two closets and a full bathroom. The two-car garage has its own pellet stove, creating a versatile space for storage, hobbies, a workshop or year-round use. The solar panels are leased at approximately $150 per month and are transferable. All these features and more at 297 Fisher Street offers an excellent opportunity to create a home that fits your vision.

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 2,000 sq ft principal dwelling).

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

Original Price$775,000
Annual Taxes$8,637

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres--
SqFt Lot0.46
Lot Features--

Geography

Listing Provided By

Listing Agent: Kerry Webber

Listing Office: RedDoor Properties LLC

MLS® Number: 73565858