
43 Woodward Ave Gloucester — Photo 1 of 23
Recent Drop: $176,000
$999,000
Investment Analysis — 43 Woodward Ave
Gloucester, MA 01930 — West Gloucester
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01930 carries an estimated $3,390/mo in gross rent — about a 2.48% cap rate and $24,783/yr in estimated NOI at the $999,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,084
Style
Single Family
Built
1962
This beautifully maintained home has been extensively updated, offering true move-in-ready living. The 1st floor features a stunning chef’s kitchen with quartz countertops, custom cabinetry, and quality finishes throughout. Also on the main level are a spacious bedroom, dining area, front-to-back living room with a new gas fireplace, full bath, and an exceptional sunroom overlooking the expansive deck and backyard. Upstairs, you'll find a generously sized primary bedroom, two additional bedrooms, and a second full bath. A standout feature is the 12' x 20' shed with electricity and plumbing, offering exciting potential as a guest suite, in-law space, private office, studio, or workshop. Just steps from the property, enjoy deeded/shared access to the scenic Little River (which flows into the Annisquam), where you can swim, launch kayaks or paddleboards, go clamming, or simply take in the water views and coastal charm that make this location so desirable.
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 2,084 sq ft principal dwelling). Lot size: 12,144 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 16
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First21 x 9
Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl First15 x 15
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Remodeled, Lighting - Pendant
Primary Bedroom
Lvl Second13 x 22
Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second16 x 13
Bedroom 3
Lvl Second12 x 9
Flooring - Hardwood
Bedroom 4
Lvl First12 x 11
Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - 3/4
Bathroom 2
Lvl SecondSkylight
Property History
$999,000
Was $1,099,000
Sep 16, 2026
MLS® 73523928
$1,099,000
Was $1,175,000
Jul 17, 2026
MLS® 73523928
$1,175,000
May 26, 2026
MLS® 73523928
Listing Agent: Barbara Dugan
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73523928