Active
114 Days on market
43 Woodward Ave Gloucester — Photo 1 of 23

43 Woodward Ave Gloucester — Photo 1 of 23

Recent Drop: $176,000

$1,175,000
$999,000

$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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$1,175,000
Annual Taxes$6,134

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Interior Entry, Bulkhead

Climate & Utilities

HeatingCentral, Baseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-20

Property & Lot

Acres0.28
SqFt Lot12,144
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBedroom 4Bathroom 1
Living Room
Lvl First

13 x 16

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

21 x 9

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl First

15 x 15

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Remodeled, Lighting - Pendant

Primary Bedroom
Lvl Second

13 x 22

Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

16 x 13

Bedroom 3
Lvl Second

12 x 9

Flooring - Hardwood

Bedroom 4
Lvl First

12 x 11

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - 3/4

Bathroom 2
Lvl Second

Skylight

Property History

Price Drop
$999,000

Was $1,099,000

Sep 16, 2026

MLS® 73523928

Price Drop
$1,099,000

Was $1,175,000

Jul 17, 2026

MLS® 73523928

Listed
$1,175,000

May 26, 2026

MLS® 73523928

Listing Provided By

Listing Agent: Barbara Dugan

Listing Office: Engel & Volkers By the Sea

MLS® Number: 73523928