Active

182 Days on market

38 Druid Hill Ave E Randolph — Photo 1 of 42

Recent Drop: $200,100

$1,200,000

$999,900

Investment Analysis — 38 Druid Hill Ave E

Randolph, MA 02368

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02368 carries an estimated $3,810/mo in gross rent — about a 2.79% cap rate and $27,876/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,170

Style

Single Family

Built

1961

Incredible development opportunity! Approximately 3.50 acres of land available for sale as a package deal. This property includes one single family home and 5 lots (6 lots in total) One lot is in Holbrook. Electric has been brought to the street as well as one sewer line and 2 manholes, developer to bring in 3rd manhole. Single family home can be renovated and brought back to its charm easily but it has a new roof, new 5 zone mini splits for heat and cooling, and a brand new 200 amp service to the house! Reach out today for a private site walk and access to recorded plans. See MLS 73496438 for reference

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 2,170 sq ft principal dwelling). Lot size: 152,460 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 MLS and other third-party data may be inaccurate or out of date.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.