Investment Analysis — 4 Lewis Ct

Gloucester, MA 01930

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 4.12% cap rate and $23,853/yr in estimated NOI at the $579,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,112

Style

Single Family

Built

1920

Location Location Location!!! Don't miss this opportunity to purchase this 3 bedroom home with first and second floor Harbor views, next to Stacey Boulevard. Minutes away from almost everything, the Fisherman’s Memorial, Pavilion Beach, Half Moon Beach, Stage Fort Park, Main St, Commuter Rail, and so many more restaurants and festivities to mention. This is a perfect vacation home or an amazing vacation rental, such as Airbnb. No Showing until the first Open House Sunday May 31st 11:30am – 1:30pm.

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: 556 sq ft (the lesser of 900 sq ft or half the 1,112 sq ft principal dwelling). Lot size: 1,525 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 MLS and other third-party data may be inaccurate or out of date.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.