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Norfolk 02081
1545 Main St
Photo of 1545 Main St
Sold on Sep 22, 2025

35

Map

Photo of 1545 Main St
Photo of 1545 Main St
$556,000
● House - Off Market

1545 Main St

Walpole, MA 02081
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,515 Ft²
$3,124
Est. Monthly
5.61%
Cap Rate

About This Property

Fall in love with this charming and updated two bed, one bath cottage/bungalow set on a beautiful acre of land. With inviting open-concept the home offers a seamless flow between the sun-filled living and kitchen areas, highlighted by gleaming hardwood flooring and modern finishes. Enjoy outdoor living with a spacious deck and a welcoming front porch with a pergola - perfect for morning coffee or evening gatherings. The 10'+ basement ceilings offer endless potential to create additional living space, a private home office, or your dream home gym....Offers due Tuesday 8/19 by NOON see firm remarks
Unit Size
1,515 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$343
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1922

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MLSPIN #73417838)

Price History

Date / Event Date Event Price
Sep 22, 2025 Sold
Premium
Sold
Aug 20, 2025 In contract -
In contract
Aug 14, 2025 Listed by Donahue Real Estate Co. $519,000
Listed by Donahue Real Estate Co.
Jan 19, 2021 Sold
Premium
Sold
Nov 11, 2020 Listed by Donahue Real Estate Co. $385,000
Listed by Donahue Real Estate Co.
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,515
  • Gross Building Area: 3,684
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411302

Geography

  • Account Number: E161620001
  • District: 307
  • Parcel: WALP M:00040 B:00088 L:00000
  • Block: 88
  • Municipality: WALPOLE
  • Latitude: 42.1282
  • Longitude: -71.2666

    Address

  • Full Address: 1545 Main St
  • Address - House Number: 1545
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Walpole
  • Carrier Code: R005
  • 4-Digit Zip Code: 1701
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $663,800

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 583,343
  • High Value: 689,543
  • Low Value: 477,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,100
  • Assessed Land Value: $281,000
  • Assessed Improvements Value: $221,100

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1466563
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Norfolk

Stats & Trends

Median Asking:

$754,950

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73417838

Frequently Asked Questions

When was property at 1545 Main Street built and last sold?
The property at 1545 Main Street was built in 1922 and last sold on Jan 15, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 1545 Main Street is $531,287.
What are some comparable homes to 1545 Main Street?
There are currently no comparable homes to 1545 Main Street.
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