38R Bass Ave Gloucester — Photo 1 of 41
Recent Drop: $40,100
$524,900
Investment Analysis — 38R Bass Ave
Gloucester, MA 01930 — East Gloucester
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01930 carries an estimated $2,560/mo in gross rent — about a 3.63% cap rate and $19,066/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,244
Style
Single Family
Built
1900
A fresh look, a new price, and an incredible East Gloucester location. Just down the road from beautiful Good Harbor Beach, this charming 2-bedroom, 1.5-bath home offers the chance to enjoy Gloucester’s coastal lifestyle. Morning walks to the beach, afternoons exploring the waterfront, and quiet evenings relaxing in your own private backyard—this is a home designed for enjoying where you live. Inside, you’ll find a bright sunroom overlooking the yard, comfortable living spaces, and a layout that works equally well as a year-round home or seaside getaway. Two deeded parking spaces add convenience, and Route 128, restaurants, shops, downtown Gloucester, and the coastline are all close by. If you’ve been waiting for an opportunity to own near Good Harbor Beach, this may be the one. Open House Saturday 10:00 AM–12:00 PM
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: 622 sq ft (the lesser of 900 sq ft or half the 1,244 sq ft principal dwelling). Lot size: 8,840 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Highway Access • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.9 x 9.2
Flooring - Laminate
Dining Room
Lvl First9.6 x 9.2
Flooring - Laminate
Kitchen
Lvl First10.7 x 9.7
Flooring - Laminate
Family Room
Lvl First11.3 x 15
Flooring - Laminate
Master Bedroom
Lvl Second20 x 10.2
Closet, Flooring - Hardwood, Balcony / Deck
Bedroom 2
Lvl Second11.1 x 8.6
Bathroom 1
Lvl SecondFlooring - Wood
Bathroom 2
Lvl FirstFlooring - Laminate
Property History
$524,900
Was $549,000
Sep 9, 2026
MLS® 73540674
$549,000
Was $565,000
Aug 17, 2026
MLS® 73540674
$565,000
Jun 24, 2026
MLS® 73540674
Listing Agent: Lisa Gaglione
Listing Office: Churchill Properties
MLS® Number: 73540674
