
338 Granite St Rockport — Photo 1 of 28
Recent Drop: $60,000
$789,000
Investment Analysis — 338 Granite St
Rockport, MA 01966
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01966 carries an estimated $2,160/mo in gross rent — about a 2.09% cap rate and $16,521/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
2
SqFt
822
Style
Single Family
Built
1955
Welcome to your peaceful coastal retreat in beautiful Rockport. Perfectly positioned directly across from the ocean, this meticulously renovated home with custom woodwork offers stunning seaside surroundings and relaxing lifestyle. Enjoy morning coffee or evening sunsets from the private deck overlooking the marsh (large section of which is owned by this home) while taking in the fresh ocean air and picturesque views. Outside the property features include a spacious backyard, private driveway, and additional parking area by the street. Inside, the home was just completely renovated and offers a thoughtfully designed modern layout with high-end finishes, new appliances, and high efficiency heating and cooling. One bedroom plus bonus room, ideal for guests or office space. Halibut Point State Park across the street, new septic system. Can be sold fully furnished. Whether you’re seeking a year-round residence, weekend escape, or turnkey vacation rental, don't miss out on your dream home!
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: 411 sq ft (the lesser of 900 sq ft or half the 822 sq ft principal dwelling). Lot size: 16,335 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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Interior Specifications
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Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
Geography
Property History
$789,000
Was $799,000
Sep 8, 2026
MLS® 73517066
$799,000
Was $849,000
Jun 9, 2026
MLS® 73517066
$849,000
May 12, 2026
MLS® 73517066
Listing Agent: Alex Rice
Listing Office: Choose Boston, LLC
MLS® Number: 73517066
