16 Hesperus Circle Gloucester — Photo 1 of 40
$4,695,000
Investment Analysis — 16 Hesperus Circle
Gloucester, MA 01930 — Magnolia
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 0.05% cap rate and $2,571/yr in estimated NOI at the $4,695,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
4,765
Style
Single Family
Built
1998
Experience the best of Magnolia waterfront living at 16 Hesperus Circle. Situated at the center of a truly private landscape with unobstructed, breathtaking views of the Atlantic, this exceptional residence offers over 4,000 square feet of living space with 4 bedrooms and 3.5 baths. A flowing open layout is designed to maximize natural light and showcase the spectacular coastal setting, creating an ideal space for both everyday living and entertaining. Step outside to a stunning infinity pool overlooking the water, where endless ocean vistas provide the backdrop for unforgettable gatherings and quiet moments alike. Enjoy the rare combination of privacy and convenience, with Magnolia Beach, downtown Magnolia's shops and restaurants, and all that Cape Ann has to offer just a short walk away. A remarkable opportunity to own a premier waterfront home in one of Gloucester's most coveted seaside neighborhoods.
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 4,765 sq ft principal dwelling). Lot size: 31,066 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Electric Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.25 x 15.166666666
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, French Doors, Cable Hookup, Lighting - Overhead
Dining Room
Lvl First16 x 19
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Lighting - Pendant
Kitchen
Lvl First25.666666666 x 14.833333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Countertops - Stone/Granite/Solid, Kitchen Island, Dryer Hookup - Electric, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Pot Filler Faucet, Washer Hookup, Wine Chiller, Lighting - Overhead
Family Room
Lvl First22.333333333 x 16
Bathroom - Half, Ceiling Fan(s), Vaulted Ceiling(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Balcony / Deck, Cable Hookup, Deck - Exterior, Recessed Lighting, Lighting - Sconce, Lighting - Overhead
Master Bedroom
Lvl Second15.916666666 x 23.916666666
Bathroom - Double Vanity/Sink, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Balcony / Deck, Hot Tub / Spa, Cable Hookup, Deck - Exterior, Double Vanity, Exterior Access, Slider, Lighting - Overhead
Bedroom 2
Lvl Second13.916666666 x 19.583333333
Bedroom 3
Lvl Second17.416666666 x 13.833333333
Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Attic Access, Lighting - Overhead
Bedroom 4
Lvl Basement19.083333333 x 15.666666666
Flooring - Vinyl, Cable Hookup, Exterior Access, Recessed Lighting, Closet - Double
Bathroom 1
Lvl First5.416666666 x 5.083333333
Bathroom - Half, Flooring - Hardwood, Lighting - Sconce
Bathroom 2
Lvl Second9.916666666 x 5.25
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl Second14.25 x 8.166666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Lighting - Sconce
Listing Agent: Amanda Armstrong Group
Listing Office: Compass
MLS® Number: 73542573
