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Spacious Three-Family Home, Meetinghouse Hill

68 Draper Boston, MA 02122

68 Draper, Boston, MA, 02122

$1,150,000

For Sale

$1,150,000

Large three-family home with ADU potential, convenient location.

Property Size4,250 SF

Price / SF$270.59

AddedApr 26

Days on Market82

Last RefreshJul 15 at 9:54 am

Property Features for 68 Draper

General Information

Standard status: Active
Size: 4,250 SF
Property subtype: Investment

Building Details

Year Built: 1900

Listing office

Listing date Apr 26, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Beth Dailey

Investment Insights

Based on property information with market context.

Located atop Meetinghouse Hill, this three-family home offers over 4,250 square feet of living space. The building features large floor plans, high ceilings, abundant natural light, and generously sized rooms. Each unit includes 4 bedrooms, 1 bath, an eat-in kitchen, hardwood floors, a pantry, and private front and rear decks. All utilities are separately metered for gas and electric. The property includes a good size backyard and a front garden area behind a fence. A driveway provides off-street parking. The property is located in close proximity to Ronan Park, which features playgrounds, sports courts, open green space, and walking paths, as well as nearby shops, restaurants, and the Fields Corner Red Line station less than half a mile away. There is ADU potential in the basement.

Key Highlights

Large 4,250 sq ft three‑family home with significant investment potential.
Each unit features 4 bedrooms, eat‑in kitchen, hardwood floors, pantry, and private decks.
Excellent transit score (74) and proximity to Fields Corner Red Line station.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$188.7k	$44.40
− Vacancy	−$7.2k	−$1.69
EGI	$181.5k	$42.71
− OpEx	−$81.7k	−$19.22
NOI	$99.8k	$23.49

4,250 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,395 @ 7.0% cap · market cap 9.34%

Second Best

Apartment 5plus

$1.43M

$1.25M – $1.66M (±1% cap)

NOI $99,841 @ 7.0% cap · market cap 8.68%

Theoretical Best

Office A

$3.18M

$2.78M – $3.71M (±1% cap)

NOI $222,768 @ 7.0% cap · market cap 19.37%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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For sale
Triplexes
MA
Boston
02122
68 Draper

What type of property is this?

Triplex - Large three-family home with ADU potential, convenient location.

Where is this triplex located?

The property is located at 68 Draper Boston, MA.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: Large 4,250 sq ft three‑family home with significant investment potential.; Each unit features 4 bedrooms, eat‑in kitchen, hardwood floors, pantry, and private decks.; Excellent transit score (74) and proximity to Fields Corner Red Line station.