
30r Highland Street Gloucester — Photo 1 of 24
$639,000
Investment Analysis — 30r Highland Street
Gloucester, MA 01930
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 2.96% cap rate and $18,887/yr in estimated NOI at the $639,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
770
Style
Single Family
Built
1900
Accepting offers on this sweet East Gloucester retreat situated on a peaceful street with no through traffic. Large kitchen lends itself nicely to serve family and friends in the dining room or adjacent sunroom. Whether you choose to enjoy this home as it is or to renovate and reimagine the space, the location is the key. Outside, enjoy a fenced in and terraced yard with garden and private patio area - perfect for a BBQ or simply relaxing. Conveniently located near Gloucester's beautiful beaches, the commuter rail and all that Cape Ann has to offer.
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: 385 sq ft (the lesser of 900 sq ft or half the 770 sq ft principal dwelling). Lot size: 2,500 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 MLS and other third-party data may be inaccurate or out of date.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.
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Shopping • Park • Golf
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Lvl FirstDining Room
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Lvl SecondBedroom 2
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Property History
$639,000
Sep 14, 2026
MLS® 73576904
$700,000
Sep 13, 2026
MLS® 73539294
$700,000
Jun 21, 2026
MLS® 73539294
Listing Agent: Lisa Ramos
Listing Office: Coldwell Banker Realty - Manchester
MLS® Number: 73576904