29 Days on market
17 Millett St #3 Gloucester — Photo 1 of 22

17 Millett St #3 Gloucester — Photo 1 of 22

$279,000

Investment Analysis — 17 Millett St #3

Gloucester, MA 01930

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01930 carries an estimated $2,160/mo in gross rent — about a 5.82% cap rate and $16,238/yr in estimated NOI at the $279,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

638

Style

Condominium

Built

1900

This adorable penthouse condo offers a bright open floor plan, making it the perfect starter home, beach retreat, or investment property. Vaulted ceilings with skylights fill the unit with natural light, while durable vinyl flooring adds a clean, modern feel throughout. The eat-in kitchen features stainless steel appliances, granite countertops, a breakfast bar, and a generous pantry for extra storage. The recently updated bathroom is beautifully tiled with stone accents and a walk-in shower—perfect after a day at the beach. A convenient washer and dryer (new in 2022) are tucked neatly in the bathroom. The large bedroom easily accommodates a sitting area or home office nook, giving you plenty of flexibility. Why rent when you can own this charming, move-in ready condo? Bonus: furnishings are included, making this an effortless transition into your new coastal lifestyle! The unit has also been a successful short-term rental, offering an excellent opportunity for investors looking for an income-producing property.

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 MLS and other third-party data may be inaccurate or out of date.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$279,000
Annual Taxes$1,781
HOA Fee$140

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingBaseboard, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR-5

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bathroom 1
Lvl First

Property History

Listed
$279,000

Aug 26, 2026

MLS® 73568342

Sold
$88,000

Sep 22, 2010

MLS® 71061665

Listed
$89,888

Apr 8, 2010

MLS® 71061665

Listing Provided By

Listing Agent: Sara Couris

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73568342