38 Rutland St Carlisle — Photo 1 of 18
Recent Drop: $51,000
$599,000
Investment Analysis — 38 Rutland St
Carlisle, MA 01741
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01741 carries an estimated $3,080/mo in gross rent — about a 3.70% cap rate and $22,185/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,275
Style
Single Family
Built
1950
Builders, contractors & flippers - don't miss this opportunity! Beautiful, level lot in desirable Carlisle. Current structure is a 3 bedroom, 1 bathroom ranch needing considerable work. Property is being sold in "as is", "as seen" condition. Will not qualify for conventional loan programs. No representations are made by seller or listing office/agent. Showings by appointment only. Do not walk property without listing agent present.
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: 638 sq ft (the lesser of 900 sq ft or half the 1,275 sq ft principal dwelling). Lot size: 36,155 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher
Neighborhood
Walk/Jog Trails • Conservation Area • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Laminate, Exterior Access, Recessed Lighting
Master Bedroom
Lvl Main,FirstCloset, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstFlooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Flooring - Laminate, Lighting - Overhead
Property History
$599,000
Was $650,000
Jul 27, 2026
MLS® 73525176
$650,000
May 27, 2026
MLS® 73525176
Listing Agent: John Beckshaw
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73525176
