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2 Hunter Road Gloucester — Photo 1 of 25

2 Hunter Road Gloucester — Photo 1 of 25

$669,900

Investment Analysis — 2 Hunter Road

Gloucester, MA 01930 — West Gloucester

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01930 carries an estimated $3,080/mo in gross rent — about a 3.44% cap rate and $23,058/yr in estimated NOI at the $669,900 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

2

SqFt

1,512

Style

Single Family

Built

1950

Wonderful neighborhood less than 2 miles from Wingaersheek Beach. No through traffic. Nice corner lot. The first floor is rustic and comprised of kitchen, living room, small bedroom, office, laundry and full bath. The second floor has wonderful with hardwood throughout and was added in 2011 and is comprised of a large main bedroom with a deck and another large room, second living room, or third bedroom, and a full bath. Systems are up dated.Heat 6 years and septic 15 years, hot water new. Pull down attic. Deeded ROW over marsh access Jones River. It's all here...Bring your kayak, paddle board, beach chair etc. enjoy the beautiful neighborhood scenery. Easy access to the highway and commuter rail. Great potential. West Parish Elementary School. First showing at open house SaturdaySeptember 26th 10-12:00

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: 756 sq ft (the lesser of 900 sq ft or half the 1,512 sq ft principal dwelling). Lot size: 8,300 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

Original Price$669,900
Annual Taxes$5,032

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet, Hardwood
BasementPartial, Crawl Space, Bulkhead

Climate & Utilities

HeatingForced Air, Oil, Electric
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR-20

Property & Lot

Acres0.19
SqFt Lot8,300
Lot FeaturesCorner Lot, Gentle Sloping

Amenities & Appliances

Electric Water Heater • Range • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 3Bathroom 2
First
Living RoomKitchenOfficeBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Office
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Ida Doane

Listing Office: J. Barrett & Company

MLS® Number: 73580170

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