3 Toronto Ave Gloucester — Photo 1 of 37
$2,495,000
Investment Analysis — 3 Toronto Ave
Gloucester, MA 01930 — East 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 0.27% cap rate and $6,781/yr in estimated NOI at the $2,495,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
4.5
SqFt
4,235
Style
Single Family
Built
2021
Exceptional 3-bed, 4.5-bath Colonial on 1.2 acres in East Gloucester, moments from Eastern Point Yacht Club and Niles Beach. A study in understated elegance, the home features geothermal heating/cooling and over 4,200 sq ft of luxurious living space. The main level opens into a foyer with 18' ceiling, dark hardwood floors, and staircase rising to second floor landing. Pass through the wet bar-pantry to a formal dining room, with sliding doors to sunroom and large deck. A spacious living room has walls of windows and granite gas fireplace; the chef’s kitchen has custom cabinets and dining island; and a private office offers first floor living option. On the upper level are an expansive main suite with his-n-hers walk-in closets, private balcony, and spa bath; and two more bedrooms and two full baths. The finished walk-out lower level has family room, accessory apartment, and laundry, with access to insulated 3-car garage. Sense and sensibility in Gloucester’s most distinctive community!
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: 900 sq ft (the lesser of 900 sq ft or half the 4,235 sq ft principal dwelling). Lot size: 52,708 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
Water Heater • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Water Treatment • Range Hood • Stainless Steel Appliance(s) • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First35 x 19.583333333
Beamed Ceilings, Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting
Dining Room
Lvl First16.083333333 x 10.916666666
Flooring - Hardwood, Open Floorplan, Wainscoting, Lighting - Pendant, Crown Molding
Kitchen
Lvl First16.083333333 x 18.5
Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl First12.916666666 x 11.666666666
Flooring - Hardwood, Cable Hookup, Lighting - Pendant
Family Room
Lvl Basement26 x 14.916666666
Closet, Flooring - Hardwood, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl Second27.333333333 x 19.666666666
Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony - Exterior, Slider, Lighting - Pendant
Bedroom 2
Lvl Second15.5 x 15.666666666
Bedroom 3
Lvl Second18.75 x 11.666666666
Closet, Flooring - Hardwood, Lighting - Pendant, Crown Molding
Bathroom 1
Lvl First5.25 x 7.5
Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl Second8.916666666 x 18.25
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Second8.916666666 x 8.333333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce, Lighting - Pendant
Property History
$2,495,000
May 28, 2026
MLS® 73526366
$2,795,000
Nov 7, 2025
MLS® 73381619
$2,795,000
May 28, 2025
MLS® 73381619
Listing Agent: Amanda Armstrong Group
Listing Office: Compass
MLS® Number: 73526366
