
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First14.166666666 x 21.25
Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First18.5 x 8.166666666
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First7.916666666 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 Second22.083333333 x 9.583333333
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2
Lvl Second22.083333333 x 8.166666666
Bathroom 1
Lvl First3.25 x 8.166666666
Bathroom - Half, Flooring - Hardwood
Bathroom 2
Lvl Second7.583333333 x 5.583333333
Bathroom - Full, Bathroom - With Tub & Shower, Closet/Cabinets - Custom Built
Listing Agent: Tracey Hutchinson
Listing Office: Churchill Properties
MLS® Number: 73566170
