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261 Stone Street, Walpole MA 02081

Walpole, MA 02081
$695,000
Est. $4,287/month
4
Beds
2
Baths
1,398
Sq Ft
$497
Price/Sq Ft
0.25
Acres
1900
Year Built
4
Parking
15
Days on Market
Active Open House Listed Jun 24, 2026 • MLS# 73541307 Copied! • Updated Jul 8, 2026

Open House Schedule

11
Jul
Saturday, July 11
1:30 PM - 2:30 PM EDT

About this home

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

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Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jun 30, 2026
New showing requirements
🏠
Listed for Sale
Jun 24, 2026
$695,000
Original listing
Agent: Rossana Gonser Office: RE/MAX Real Estate Center

Tax History

Year Taxes Assessment
2026 $6,878 $536,100

Financial Details

Annual Property Tax
$6,878
Tax Year 2026
Assessed Value
$536,100

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 1,398 sq ft
Lot Size 0.25 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $2,100/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $3,900/mo
Gross Income $44,400
Net Operating Income $44,400
Cap Rate 6.39%
Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Laminate
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Enclosed
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,878
Assessed Value $536,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures All Information In Mls And All Marketing Materials For This Home Are Deemed Accurate But Should Be Verified By Buyer/buyers Agent. Seller Reserves The Right To Accept An Offer At Anytime.
Exclusions See Listing Agent If Any
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Documents None
County Norfolk
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,398 sq ft
Total Rooms
8
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Enclosed
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Walpole School District local
B+
🎓 Where Graduates Go Class of 2021
77% attend college
73% 4-Year 5% 2-Year 35% Out of State 3% Working
School Safety 2024-25
1.2% Low
1.1% Suspensions 1.2% In-School 0.1% Emergency
4.3% below state avg
E

Elementary Schools

8 schools
Blessed Sacrament Elementary School
0.5 mi
Grades PK-08
C
TEC Connections Academy Commonwealth Virtual School
2.1 mi | #272 of 346 | Score: 44.4
Improved 40 spots from last year
-13.8 below state avg
2,969 students Diverse
Strong AP Program Rising School College Ready Curriculum Diverse Student Body
Grades K-12
League School
2.2 mi
Grades PK-12
A
Old Post Road School
1.2 mi | #102 of 824 | Score: 59.3
Dropped 70 spots from last year
+1.1 above state avg
458 students Moderate
Strong Attendance
Grades K-05
A
Fisher School
1.5 mi | #160 of 824 | Score: 56.6
Dropped 118 spots from last year
-1.6 below state avg
463 students Moderate
Grades K-05
A
Elm Street School
1.6 mi | #132 of 824 | Score: 57.5
Improved 96 spots from last year
-0.7 below state avg
438 students Moderate
Rising School Strong Attendance
Grades K-05
Daniel Feeney Preschool Center
1.6 mi
65 students Moderate
Grades PK
A-
Boyden School
2.5 mi | #214 of 824 | Score: 54.0
Improved 113 spots from last year
-4.2 below state avg
395 students Moderate
Rising School
Grades K-05
M

Middle Schools

1 school
A-
Walpole Middle School
0.9 mi | #100 of 352 | Score: 49.6
Dropped 13 spots from last year
-8.6 below state avg
829 students Moderate
Strong Attendance
Grades 06-08
H

High Schools

3 schools
Clifford Academy
2.4 mi
Grades 06-12
A
Walpole High School
0.4 mi | #61 of 346 | Score: 65.4
Improved 23 spots from last year
+7.2 above state avg
917 students Moderate
19 sports • 2,148 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 09-12
B+
Norfolk County Agricultural High School
1.9 mi | #115 of 346 | Score: 59.1
Dropped 7 spots from last year
+0.9 above state avg
597 students Less Diverse
9 sports • 380 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $573
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

261 Stone Street, Walpole MA 02081

Walpole, MA 02081

Listing Information

Listing Agent Rossana Gonser
Listing Office RE/MAX Real Estate Center
Office Phone 508-668-4634
Agent MLS ID BB815796
Office MLS ID BB1305
Listing Data Updated Jul 8, 2026 8:24 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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261 Stone Street, Walpole MA 02081 - Photo 1 261 Stone Street, Walpole MA 02081 - Photo 2 261 Stone Street, Walpole MA 02081 - Photo 3 261 Stone Street, Walpole MA 02081 - Photo 4 261 Stone Street, Walpole MA 02081 - Photo 5 261 Stone Street, Walpole MA 02081 - Photo 6 261 Stone Street, Walpole MA 02081 - Photo 7 261 Stone Street, Walpole MA 02081 - Photo 8 261 Stone Street, Walpole MA 02081 - Photo 9
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