16 Stanwood Pt Gloucester — Photo 1 of 27
$599,000
Investment Analysis — 16 Stanwood Pt
Gloucester, MA 01930
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01930 carries an estimated $2,040/mo in gross rent — about a 2.07% cap rate and $12,385/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
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Currently improved with a summer cottage, this direct waterfront lot offers an exceptional opportunity to create a spectacular waterfront property. A future home could enjoy a peaceful riverfront setting with generous outdoor space for entertaining and relaxing. Direct water access invites swimming, kayaking, paddleboarding, fishing, and more, with the potential to add a dock. Conveniently located near Gloucester Harbor, downtown shops and restaurants, and Gloucester's renowned beaches, this rare offering presents an exciting opportunity to build your dream home on the water.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Park • Highway Access • Marina
Geography
Listing Agent: Mark Ventimiglia
Listing Office: Vadala Real Estate
MLS® Number: 73565096