
352 Atlantic Avenue Marblehead — Photo 1 of 42
$4,900,000
Investment Analysis — 352 Atlantic Avenue
Marblehead, MA 01945
Based on HUD Small Area Fair Market Rent, a 4-bedroom in 01945 carries an estimated $34,300/mo in gross rent — about a 5.56% cap rate and $272,397/yr in estimated NOI at the $4,900,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
6
SqFt
6,375
Style
Single Family
Built
1900
Set along Marblehead’s coveted coastline, this grand and gracious 4+ bedroom 5.5 bath residence offers an extraordinary opportunity to experience the very best of waterfront living. A grand circular driveway with a decorative imprinted asphalt finish creates an impressive arrival, setting the tone for the property's elegance and scale. Here, the ocean becomes part of everyday life, with a private outdoor oasis that includes a stunning Gunite pool and expansive patio - an exceptional setting for summer afternoons, poolside gatherings, and long evenings with family and friends. Just beyond, easy access to the beach invites you to step directly into the coastal lifestyle that makes this property so special. Inside, the scale and character of the home are immediately apparent. A magnificent two-story foyer welcomes you into beautifully proportioned rooms, architectural details, and gracious spaces designed equally for everyday family life and sophisticated entertaining. From the incredible living room and formal dining room to the expansive all season porch overlooking the pool and ocean, the home offers a remarkable combination of grandeur, comfort, and connection to the outdoors. With multiple entertaining spaces, generous bedroom accommodations, spectacular ocean views, and finished spaces on both the lower and upper levels, this home is meant to be enjoyed. The finished lower level offers great flexibility with a private bedroom, full bath and separate living area. With the potential to add a kitchenette, this space could easily serve as an in-law or au pair suite, or be transformed into a fabulous game room, media room or recreation space. This is a home where generations can gather, guests can stay comfortably, summer days can be spent by the pool and beach, and memories can be made for years to come.
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 6,375 sq ft principal dwelling). Lot size: 35,131 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
Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Park • Walk/Jog Trails • Golf • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First34.9 x 16.1
Flooring - Hardwood, Lighting - Overhead, Decorative Molding
Dining Room
Lvl Main,First17.1 x 16.1
Flooring - Hardwood, Lighting - Overhead, Decorative Molding
Kitchen
Lvl Main,First14.3 x 14.6
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl First12.7 x 10.8
Flooring - Vinyl
Family Room
Lvl Second16.4 x 22.4
Flooring - Laminate, Balcony - Exterior, French Doors
Primary Bedroom
Lvl Second17.2 x 17.1
Closet, Flooring - Hardwood, Balcony - Exterior, French Doors, Decorative Molding
Bedroom 2
Lvl Second15.6 x 16.11
Bedroom 3
Lvl Second14.4 x 13.1
Bathroom - Full, Closet, Flooring - Hardwood
Bedroom 4
Lvl Second13 x 13
Closet, Flooring - Hardwood
Bathroom 1
Lvl First7.3 x 7.4
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First6.1 x 4.11
Bathroom - Half
Bathroom 3
Lvl Second6.1 x 12.4
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Dressing Room
Listing Agent: Julie Sagan
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73583907







