
5 Cottage St Nahant — Photo 1 of 42
Recent Drop: $28,000
$1,749,000
Investment Analysis — 5 Cottage St
Nahant, MA 01908
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01908 carries an estimated $3,430/mo in gross rent — about a 1.25% cap rate and $21,812/yr in estimated NOI at the $1,749,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
3,008
Style
Single Family
Built
1875
Seabreezes and sunshine lure you here. Come see, Fall in love, Find home. A rare coastal residence with sophisticated modern styling. Set on nearly half an acre atop a knoll, 5 Cottage St offers ocean views, privacy and an extraordinary sense of place—just minutes from Boston. This beautiful parcel will prove to be a wise investment as if offers further development potential.* One of just 2 homes on a quiet side street, this thoughtfully reimagined 5-bedroom, 3.5-bath home pairs soaring 10-foot ceilings, tall windows and an elegant curved staircase with a beautifully renovated interior designed for today's lifestyle. The chef's kitchen is a true centerpiece, featuring a generous island with seating for 5+, extensive custom cabinetry and a premium Thermador appliance suite. You'll be enjoying many family dinners & hosting many guests. The flexible living spaces are not only perfect for entertaining, they also accommodate multigenerational living. Need a private office? It's here. Need an artists studio? It's here. Or a guest retreat? It's here. The expansive front porch and secluded rear patio create effortless spaces for entertaining, playing or simply savoring the ocean air. Outside, Nahant's private beaches, sailing, surfing, Kelly Greens golf and Nahant Country Club tennis are moments away. Boston is remarkably accessible by road or ferry. This home is as close to new construction as possible, taken to framing and completely rebuilt, inside & out. All new exterior. All new interior. All new HVAC, electric & plumbing. New driveway. For those seeking a refined coastal home with character, abundant possibilities and room to live beautifully, 5 Cottage is a rare opportunity. This is coastal living.
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 3,008 sq ft principal dwelling). Lot size: 19,907 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
Gas Water Heater • Oven • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher
Neighborhood
Tennis Court(s) • Park • Golf • Conservation Area • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24 x 11.833333333
Flooring - Hardwood
Dining Room
Lvl First16.083333333 x 11.166666666
Flooring - Hardwood, Exterior Access, Slider
Kitchen
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Wine Chiller, Gas Stove
Family Room
Lvl BasementFlooring - Engineered Hardwood
Master Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bedroom 5
Lvl Basement20.166666666 x 10.416666666
Flooring - Engineered Hardwood
Bathroom 1
Lvl Basement7.916666666 x 6.666666666
Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second12 x 5
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Property History
$1,749,000
Was $1,777,000
Jun 12, 2026
MLS® 73506019
$1,777,000
Apr 23, 2026
MLS® 73506019
Listing Agent: Tish Lentine
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73506019
