Investment Analysis — 0 Thompson St (Off)

Gloucester, MA 01930 — West Gloucester

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 0.43% cap rate and $17,919/yr in estimated NOI at the $4,129,500 list price. Adjust every assumption in the calculator below.

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ESTATE LOT INVESTORS: 23 +/- acres of beautiful, NOT-restricted-with-a-conservation-easement upland and woodland in West Gloucester. Approximately 1600 feet of frontage on Thompson Street, which is an unimproved public way. Access from 5 Roberts Court, too, MLS# 73586252. Both properties must be bought jointly and together total +/- 34 acres. R-40 zoning applies. Cluster development is its highest and best use; also residential, estate lots, equestrian, farming, ideal for private conservation purposes, with accompanying tax deductions. Buyers must do their own due diligence. Highest elevation is 110 +/- feet descending north-northwestward towards Concord Street, possibly affording views of Essex River and Ipswich Bay. Views are suggested in photos. Land use code misleading, please see attached document and explanation from assessor's office.

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 MLS and other third-party data may be inaccurate or out of date.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.