20 Marble Street Gloucester — Photo 1 of 42
Recent Drop: $50,000
$649,000
Investment Analysis — 20 Marble Street
Gloucester, MA 01930 — East 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 3.87% cap rate and $25,130/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,933
Style
Single Family
Built
1900
This East Gloucester home combines classic coastal charm with extensive recent updates on a rare, sprawling lot. Sitting on over an acre of private land—a true premium for this desirable coastal neighborhood placing you just minutes from Rocky Neck Art Colony, Good Harbor Beach, Niles Beach, and Eastern Point. The home offers both room to breathe and high-end peace of mind. Freshly painted interior, new flooring, new roof installation 2023, electrical upgrade to code 2023. Abutting conservation and City owned sports field, potential development possibilities. Lower level was a separate rental unit in need of renovations and permitting. Ideal for in-law apartment or additonal income. Two accessory buildings,a two story barn and a one story garage in need of being razed. Easy access to downtown, shopping and highway. Buyer and/or Buyer Representative to do “Due Diligence”.
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 1,933 sq ft principal dwelling). Lot size: 56,628 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 • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 14
Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl First12 x 10
Flooring - Vinyl, Country Kitchen
Family Room
Lvl null12 x 12
Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider
Master Bedroom
Lvl Second12 x 14
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Second10 x 10
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl BasementBathroom - 3/4, Bathroom - With Shower Stall
Property History
$649,000
Was $699,000
Sep 9, 2026
MLS® 73568977
$699,000
Aug 27, 2026
MLS® 73568977
Listing Agent: Holly Chiancola
Listing Office: Holly C & Co. Fine Homes
MLS® Number: 73568977
