
11 Dennison St Gloucester — Photo 1 of 31
Recent Drop: $85,000
$1,585,000
Investment Analysis — 11 Dennison St
Gloucester, MA 01930 — Annisquam
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01930 carries an estimated $3,080/mo in gross rent — about a 0.96% cap rate and $15,178/yr in estimated NOI at the $1,585,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,568
Style
Single Family
Built
1939
Waterfront Haven on Goose Cove. Discover a rare opportunity to own an exceptional waterfront property on Cape Ann's North Shore, just an hour from Boston by car or commuter rail. Set directly on Goose Cove offering a private dock for swimming, fishing, and kayaking at any tide, along with sweeping water views and spectacular sunrises and sunsets from nearly every room in the house. Situated across from the Goose Cove Reservation, a Greenbelt Land Trust preserve teeming with shorebirds and waterfowl, this fully winterized home is a true year-round retreat, flooded with natural light and warmed by a cozy fireplace in the living room.Enter to panoramic water views from a bright living room with bay windows, and a gas Fireplace. The kitchen, with dishwasher and ample counter space, is ideal for everything from pancake breakfasts to lobster dinners — and the kitchen island offers views straight out over the cove. The dining area seats up to 10 and opens onto a deck for sunset viewing. Completing the first floor: a full bath and bedroom. a mudroom with washer/dryer leading to the back door and a pocket porch. The second floor offers a spacious primary bedroom with walk-in Cedar closet, a full bath, a family room and a large third bedroom A cozy backyard with a grape arbor leads down to a private dock — perfect for swimming, sunbathing, kayaking, or fishing. A short, scenic walk across the Annisquam River leads to the historic village of Annisquam. Nearby, explore trails around Goose Cove Reservoir and the surrounding locales of Rockport, Lanesville, Dogtown, Gloucester, Essex, and Ipswich — home to farmstands, seafood markets, and antique shops., easy access to swimming and boating, or just the charm of Cape Ann's coastal environs,
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 2,568 sq ft principal dwelling). Lot size: 5,000 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 • Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Walk/Jog Trails • Conservation Area
Geography
Property History
$1,585,000
Was $1,670,000
Sep 4, 2026
MLS® 73557961
$1,670,000
Aug 1, 2026
MLS® 73557961
Listing Agent: Kristina Bengston
Listing Office: Annisquam Village Realty
MLS® Number: 73557961