Investment Analysis — 30 Ocean Ave

Marblehead, MA 01945

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01945 carries an estimated $3,390/mo in gross rent — about a 2.78% cap rate and $22,240/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,680

Style

Single Family

Built

1948

Some homes change hands every few years. This one has been loved by the same family for 67 years. Welcome to 30 Ocean Ave—a true generational home in an extraordinary Marblehead location, just steps from Devereux Beach and Marblehead Harbor. Set on a corner lot, this 4-bedroom, 2-full-bath home has been the backdrop for nearly seven decades of summers, holidays, beach days and family memories. Now, for the first time in 67 years, it’s ready for someone new. Does it need a little love? Absolutely. Maybe even a big hug. But that’s exactly what makes this opportunity so special. Bring your vision, roll up your sleeves and create something uniquely yours in a location that simply cannot be recreated. Refresh it. Reimagine it. Make it spectacular. Then walk out your door with your beach chair and be at Devereux Beach in moments—or head toward the harbor and enjoy everything that makes Marblehead such an extraordinary place to call home. The next chapter of 30 Ocean Ave is waiting to be written. Maybe it’s yours.

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: 840 sq ft (the lesser of 900 sq ft or half the 1,680 sq ft principal dwelling). Lot size: 5,950 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.