Investment Analysis — 4 Langsford Street

Gloucester, MA 01930 — Lanesville

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01930 carries an estimated $2,560/mo in gross rent — about a 2.34% cap rate and $17,554/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,321

Style

Single Family

Built

1870

**OPEN HOUSE SATURDAY 12 - 2** Tucked away just steps from Lane’s Cove, this enchanting coastal retreat offers the perfect blend of charm, comfort, and adventure. Whether you're seeking a year-round home or a weekend escape, you'll love the easy access to kayaking, paddleboarding, waterfront walks, and the natural beauty that makes this corner of the coast so special. Inside, beautiful wood floors flow throughout the home, complemented by a spacious living room, dining room, and kitchen designed for relaxed everyday living. A wood pellet stove creates a warm and inviting atmosphere during the cooler months, making this a home to enjoy in every season. Upstairs, two large bedrooms with vaulted ceilings feel like a peaceful sanctuary perched among the trees, with seasonal ocean peaks that serve as a reminder of how close you are to the water's edge. Outside, a spacious second floor deck, private yard, enclosed outdoor shower, and sweet garden shed complete the coastal lifestyle experience. Offering quintessential Lanesville character, privacy, and an unbeatable location at an exceptionally attractive price point, this hidden gem is impossible to forget! A rare find that captures the essence of coastal living without compromise! *** OPEN HOUSE CANCELED FOR SATURDAY 9/26 DUE TO THE STORM***

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: 661 sq ft (the lesser of 900 sq ft or half the 1,321 sq ft principal dwelling). Lot size: 3,650 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.