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13 Riverside Rd Gloucester — Photo 1 of 40

13 Riverside Rd Gloucester — Photo 1 of 40

$849,900

Investment Analysis — 13 Riverside Rd

Gloucester, MA 01930

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01930 carries an estimated $2,560/mo in gross rent — about a 2.02% cap rate and $17,178/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,196

Style

Single Family

Built

1920

Private Showings Only! Quintessential cottage by the sea, protected by the first row of houses yet boasting views of the ocean and deeded water access. The wrap around porch welcomes you to fully exhale the stress of the day and inhale the sweet salt air while watching seagulls dive for their dinner and fly into the sunset. Enter into the light and bright, open concept living area featuring lovely hardwood floors through out, and plenty of windows to enjoy the sounds and smells of the ocean breeze and natural surroundings. Featuring a wood burning fireplace, updated galley style kitchen with breakfast nook, half bath and access to the wrap around porch from both ends of the house. The space is comfortable and cozy. Stay cool in the shade of the covered area of the porch or bask in the sun on the deck over looking spectacular plantings bringing butterflies and birds, enhancing the serenity of the yard where your own garden awaits with fresh herbs and veggies to complement your next culinary creation! Plenty of storage for your outdoor furniture, or watercraft in the basement which offers a large work bench and garage door for easy access. Stroll down the street at high tide and put in your kayak or take a refreshing dip in the healing salt water. There's so much to enjoy at this year round Wheeler point gem! Location, Location, Location! Please Call or Text to tour.

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: 598 sq ft (the lesser of 900 sq ft or half the 1,196 sq ft principal dwelling). Lot size: 4,920 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

Original Price$849,900
Annual Taxes$6,169

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Hardwood
BasementPartial, Walk-Out Access, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Block
ZoningR-10

Property & Lot

Acres0.11
SqFt Lot4,920
Lot FeaturesGentle Sloping, Level

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Bathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

14.166666666 x 21.25

Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

18.5 x 8.166666666

Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled

Kitchen
Lvl Main,First

7.916666666 x 20

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Remodeled, Lighting - Pendant

Primary Bedroom
Lvl Second

22.083333333 x 9.583333333

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood

Bedroom 2
Lvl Second

22.083333333 x 8.166666666

Bathroom 1
Lvl First

3.25 x 8.166666666

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

7.583333333 x 5.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Closet/Cabinets - Custom Built

Listing Provided By

Listing Agent: Tracey Hutchinson

Listing Office: Churchill Properties

MLS® Number: 73566170