17 Cottage Street Marblehead — Photo 1 of 27
$899,000
Investment Analysis — 17 Cottage Street
Marblehead, MA 01945
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01945 carries an estimated $3,080/mo in gross rent — about a 2.40% cap rate and $21,554/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,288
Style
Single Family
Built
1849
Rarely does a home in such a premier downtown location offer this much! Beautifully renovated and move-in ready, this 3-bedroom, 2-full-bath single-family home is just steps from shops, restaurants, coffee shops, schools, parks, and the beach. Recent updates include a stunning new kitchen, new roof, new HVAC w/ central air, new electrical, fresh paint, landscaping, and more. The inviting first floor features an open kitchen/dining area with quartz countertops and stainless steel appliances. A spacious living room, plus a versatile home office/den with direct access to the private backyard. A full bath completes the main level. Upstairs, you'll find 3 bedrooms and full bath including a primary bedroom with dressing room/office and 2nd walk-in closet. Enjoy the spacious, private backyard with deck and charming tiered stone walls. A one-car attached garage and two driveways provide exceptional parking. Just unpack and enjoy all that downtown living has to offer!
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: 644 sq ft (the lesser of 900 sq ft or half the 1,288 sq ft principal dwelling). Lot size: 5,532 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wood
Dining Room
Lvl Main,FirstFlooring - Wood, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances
Office
Lvl MainFlooring - Wood, Balcony / Deck
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Wood, Dressing Room
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Cressy Team
Listing Office: J. Barrett & Company
MLS® Number: 73582434
