Investment Analysis — 28 Roosevelt Ave

Hull, MA 02045 — Sagamore Hill

Based on HUD Small Area Fair Market Rent, a 3-bedroom in 02045 carries an estimated $6,500/mo in gross rent — about a 5.65% cap rate and $52,234/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,016

Style

Single Family

Built

1920

Perched atop Sagamore Hill, this graceful 1920s home sits on a rare, oversized double lot offering views of Hingham Bay and World’s End. The property’s expansive footprint presents a remarkable canvas for its next chapter—whether you choose to restore the home’s character, expand the main residence, or explore the potential for an accessory dwelling unit (ADU).Step inside a generous foyer where original period detail, high ceilings, and classic hardwood floors run throughout. The three-bedroom, two-bathroom layout is thoughtfully oriented to maximize natural light, resulting in a bright living space that feels both substantial and inviting. Outside, the large lot provides a luxury rarely found in the area: a private driveway and one car attached garage that easily accommodates multiple vehicles.The location is situated within easy reach of the commuter rail and ferry for a direct route to Boston and Logan Airport. Retaining its original proportions and integrity, this is an opportunity for those with a vision. Bring your builder and your imagination to fully realize the potential of this standout property.

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 2,016 sq ft principal dwelling). Lot size: 12,794 sq ft.

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.