
158 Hesperus Ave #2L Gloucester — Photo 1 of 39
$599,000
Investment Analysis — 158 Hesperus Ave #2L
Gloucester, MA 01930 — Magnolia
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01930 carries an estimated $2,160/mo in gross rent — about a 1.39% cap rate and $8,302/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,145
Style
Condominium
Built
1900
Discover sophisticated living at 158 Hesperus Ave U:2L in Gloucester, MA. This water view renovated 5 room 2nd floor one level condo offers 1145 square feet of refined space in great condition. Located in a private Magnolia area estate setting on 1 acre of lovely grounds in an attractive grand Victorian style home that blends historical charm with contemporary comfort. The fully applianced kitchen is a culinary delight, featuring custom oversized white wood cabinets, gleaming stainless steel appliances and elegant granite counters. Its intelligent peninsula design w/ 3 person breakfast bar creates a natural flow into the family room, fostering an open-plan environment perfect for entertaining or daily living. Adjacent to the kitchen, the living room provides a welcoming atmosphere for sitting and reading while taking in the water views, defined by its rich fir flooring that extends throughout the space. The primary bedroom features the warmth and elegance of a fireplace with marble trim and fir flooring, creating a cohesive and inviting private retreat. Work remote from your home office with built in shelving and ample closet space. Enjoy the smell of salty ocean air and expand your living space on the inviting exclusive use private deck off kitchen ideal for drinks and Summer meals! Modern updated tile bath. A flexible floor plan allows for a variety of room uses. Perfect for those buyers looking to downsize to more manageable living space. Located close to Magnolia and Manchester downtown villages, shops, library, restaurants, and beautiful beaches! 2 car paved parking and ample secure exclusive basement storage area. Ready to move in and start enjoying maintenance free living! Experience the allure of this thoughtfully designed condominium; schedule your private viewing today.
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.
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Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.666666666 x 9.583333333
Flooring - Wood
Kitchen
Lvl First12 x 15
Closet/Cabinets - Custom Built, Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant, Pocket Door
Office
Lvl First8.5 x 13.416666666
Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting, Closet - Double
Family Room
Lvl First15 x 12.333333333
Flooring - Wood, Recessed Lighting, Closet - Double, Pocket Door
Master Bedroom
Lvl First16 x 15.5
Closet, Closet/Cabinets - Custom Built, Flooring - Wood, Lighting - Overhead, Closet - Double
Bathroom 1
Lvl First10 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled
Listing Agent: Lane Team
Listing Office: North Shore's Gold Coast Realty
MLS® Number: 73575009