Overview Property Details Payment Calculator Walkability

Pending

2-4 Neponset St / 1887 Washington, Walpole MA 0207

$2,395,000

Estimated $28,762.23/month Calculator

Multi Family

Total Units: 9

Price Per Unit: $266,111.11

Total Rent: 198600/year

Estimated CAP Rate: 7.71%

22 Bedrooms

10 Full Baths

24 Parking Spots

0.6 acres

A rare investment opportunity just about a mile rom Gillette Stadium! This historic property offers tremendous upside with below-market rents that can easily be increased. In addition to rental income, the property holds a license for event parking during stadium events, add...

This home has been viewed 84 times

Last Updated: April 3rd, 2025 at 12:13pm

Gross Income: $198,600

Gross Expenses: $14,005

Net Income Calc: $184,595

CAP Rate: 7.71%

Waterfront

Water Views

Annual Expenses for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Total Gross Expenses (Calculated)$14,005/year

APOD AvailableNo

Heating$0

Electricity$0

Water$0

Gas$0

Insurance$0

Sewer$0

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$14,005

Annual Income & Unit Breakdown for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Total Gross Income (Calculated)$198,600

Unit 1

Rental Income3000

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income8100

LeaseN

Bedrooms9

Bathrooms4 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income5450

Lease

Bedrooms9

Bathrooms4 Full

Floor3

Levels in Unit3

HeatingNo

Rent Includes

Unit 4

Rental Income

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Listing ID73321457

Property TypeMulti Family / 5+ Family

Price$2,395,000 ($266.47/SqFt)

Style

CityWalpole

CountyNorfolk

MLS AreaSouth Walpole

Neighborhood(s)

Approximate Living Area Total8,988 SqFt

Approximate Lot Size (Acres)0.6 acres

Total Parking24

Garage Parking6 / Detached

Year Built1900

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontYes

Waterfront FeaturesRiver, Direct Access, Waterfront

Energy Features

Terms

Interior Features for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Disclosures for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Lead PaintUnknown

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving Area and Building description includes all

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$198,000

Total Net Income By Broker$198,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Location Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaSouth Walpole

Area Amenities

Contact Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Agent

Name: Douglas Caves

MLS ID: CN237964

Office ID: AN3962

Phone: 617-941-3848

City: Worcester

State: MA

Office

Name: Concept Properties

MLS Office ID: AN3962

Phone: 617-785-4886

Payment Calculator

$28,762.23 per month

30 Years Fixed, 6.75% Interest

Property Taxes $14,005.00

Principal & Interest $14,757.23

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Concept Properties

Douglas Caves

Agent Phone

(617) 941-3848

Office Phone

(617) 785-4886

Text Agent Call Agent Call Office

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[field_3200] => Array
                (
                    [field_id] => 3200
                    [type] => price
                    [name] => ElectricExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3205] => Array
                (
                    [field_id] => 3205
                    [type] => date
                    [name] => ExpirationDate
                    [value] => 01/01/1900
                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[f_3207] => Array
                (
                    [field_id] => 3207
                    [type] => feature
                    [name] => FinancialDataSource
                    [values] => Array
                        (
                            [0] => Pro. Forma Available
                        )

)

[field_3208] => Array
                (
                    [field_id] => 3208
                    [type] => select
                    [name] => FireplaceYN
                    [value] => 1
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Stone
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 6
                )

[field_3212] => Array
                (
                    [field_id] => 3212
                    [type] => select
                    [name] => GarageYN
                    [value] => 1
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 198000
                    [unit_id] => 260
                    [value] => $198,000
                    [price_only] => $198,000
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 26/12/2024
                )

[f_3225] => Array
                (
                    [field_id] => 3225
                    [type] => feature
                    [name] => LotFeatures
                    [values] => Array
                        (
                            [0] => Other
                        )

)

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 26,145 Sqft
                    [raw] => 26145
                    [unit_id] => 1
                )

[field_3229] => Array
                (
                    [field_id] => 3229
                    [type] => date
                    [name] => OffMarketDate
                    [value] => 02/04/2025
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 2395000
                    [unit_id] => 260
                    [value] => $2,395,000
                    [price_only] => $2,395,000
                )

[field_3234] => Array
                (
                    [field_id] => 3234
                    [type] => textarea
                    [name] => PrivateOfficeRemarks
                    [value] => Buyers and buyers' agents are responsible for veri
                )

[field_3237] => Array
                (
                    [field_id] => 3237
                    [type] => date
                    [name] => PurchaseContractDate
                    [value] => 02/04/2025
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 2-4 Neponset St / 1887 Washington, Walpole MA 0207
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Approximate
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 27/12/2024 02:23:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 4
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 9
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 9
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => N
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 2
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 4
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 4
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 0
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3272] => Array
                (
                    [field_id] => 3272
                    [type] => text
                    [name] => MLSPIN_LEAD_PAINT
                    [value] => Unknown
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 2
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 2
                )

[field_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 3
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN3962
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 62
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 266.47
                    [unit_id] => 260
                    [value] => $266
                    [price_only] => $266
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3295] => Array
                (
                    [field_id] => 3295
                    [type] => select
                    [name] => MLSPIN_WATERVIEW_FLAG
                    [value] => Yes
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 1
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 24
                )

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => Yes
                )

[field_3323] => Array
                (
                    [field_id] => 3323
                    [type] => text
                    [name] => Levels In Unit
                    [value] => 7
                )

)

[unit_level] => 
    [levels_in_unit] => 2024-12-26
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 9
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 5-9 Family
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $14,005
    [total_gross_income] => 198600
    [total_gross_expense] => 14005
    [net_income_calc] => 184595
    [cap_rate] => 7.71%
    [apod_available] => Array
        (
            [0] => No
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $0
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 3000
        )

[unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_bedrooms] => 4
    [unit_1_bathrooms] => 2 Full
    [unit_1_floor] => 1
    [unit_1_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 8100
        )

[unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_bedrooms] => 9
    [unit_2_bathrooms] => 4 Full
    [unit_2_floor] => 1
    [unit_2_levels] => 2
    [unit_3_rent] => Array
        (
            [0] => 5450
        )

[unit_3_lease] => Array
        (
        )

[unit_3_bedrooms] => 9
    [unit_3_bathrooms] => 4 Full
    [unit_3_floor] => 3
    [unit_3_levels] => 3
    [unit_4_rent] => Array
        (
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 
    [unit_4_bathrooms] => 
    [unit_4_floor] => 
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
            [0] => Pro. Forma Available
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $198,000
        )

[net_operating_income] => Array
        (
            [0] => $198,600
        )

[short_sale] => 
    [price_per_unit] => 266111.11111111
)

EXIT

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2-4 Neponset St / 1887 Washington, Walpole MA 0207

$2,395,000

Annual Expenses for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Annual Income & Unit Breakdown for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

General Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Interior Features for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Disclosures for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Location Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

Contact Information for 2-4 Neponset St / 1887 Washington, Walpole MA 0207

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