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38 Reynolds Ave Randolph — Photo 1 of 42

38 Reynolds Ave Randolph — Photo 1 of 42

$995,000

Investment Analysis — 38 Reynolds Ave

Randolph, MA 02368

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02368 carries an estimated $3,810/mo in gross rent — about a 2.62% cap rate and $26,055/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,394

Style

Single Family

Built

1956

Spacious and versatile multi-unit property offering exceptional living space and flexibility. A welcoming front porch leads to a 20' x 20' four-season breezeway. The main residence features four bedrooms, an additional office, two full baths, an updated kitchen, a dining room, and a comfortable living room. Washer/dryer hookups are available on the main level and in the basement. The separately designed second living area, built in 2008 above a heated two-car garage, features central heating and air conditioning, a bright open-concept layout, a living room, a kitchen with granite countertops, one spacious bedroom, a full bath with granite countertop, and a washer/dryer hookup. A large three-season deck provides additional space for outdoor enjoyment. The second living area may offer options for additional living space, guests, a home office, or other permitted uses. Buyers and their agents should independently verify the property’s legal use, zoning, permitting, occupancy, and rental potential. The backyard also includes a large two-story storage shed for tools and outdoor equipment. Conveniently located near shopping, restaurants, major routes, and local amenities. A distinctive property offering a variety of possibilities. Schedule your private showing today.

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 3,394 sq ft principal dwelling). Lot size: 21,307 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.

Property Details

Financials

Original Price$995,000
Annual Taxes$8,692

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms12
Fireplaces1
FlooringWood, Vinyl / VCT, Flooring - Hardwood
BasementFull, Partial, Bulkhead

Climate & Utilities

HeatingCentral, Forced Air, Oil, Natural Gas
CoolingCentral Air, Window Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRH

Property & Lot

Acres0.49
SqFt Lot21,307
Lot Features--

Amenities & Appliances

Gas Water Heater • Electric Water Heater • Range

Neighborhood

Public Transportation • Shopping • Medical Facility • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

21 x 12

Flooring - Hardwood

Dining Room
Lvl First

11 x 10

Flooring - Hardwood

Kitchen
Lvl First

11 x 9

Flooring - Vinyl

Primary Bedroom
Lvl First

11 x 14

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

14 x 10

Bedroom 3
Lvl Second

10 x 14

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

12 x 9

Bathroom 1
Lvl First

9 x 5

Bathroom - Full

Bathroom 2
Lvl Second

7 x 5

Bathroom - With Shower Stall

Property History

Listed
$995,000

Sep 14, 2026

MLS® 73576581

Listed
$995,000

Sep 14, 2026

MLS® 73576582

Listing Provided By

Listing Agent: Emily A. Smith

Listing Office: Venture

MLS® Number: 73576581