5 Lots Andrews Ct + Whipple Woods Rd Gloucester — Photo 1 of 12
Recent Drop: $1,146,000
$1,349,000
Investment Analysis — 5 Lots Andrews Ct + Whipple Woods Rd
Gloucester, MA 01930 — West Gloucester
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01930 carries an estimated $2,040/mo in gross rent — about a 0.22% cap rate and $2,977/yr in estimated NOI at the $1,349,000 list price. Adjust every assumption in the calculator below.
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DEVELOPERS, here is your next project! 5 APPROVED BUILDING LOTS with the potential for as many as 10 residences. Located on Andrews Court and Whipple Woods Road, two quaint private ways in West Gloucester, these 5 building lots range from 12,300 sq/ft to 29,152 sq/ft. All lots are in R-10 zoning which allows for single family and two family homes. Each building lot has electricity at the street, and those lots which required conservation approval have Orders of Conditions. All lots have WATER AND SEWER LINES STUBBED ONTO THE LOT. Rarely does a collection of lots which are this turn key come to market. BRING YOUR ARCHITECTURAL PLANS AND START PROFITING. See agent regarding potential affordable housing requirements. Excellent condominium, rental or 1031 exchange opportunity.
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 MLS and other third-party data may be inaccurate or out of date.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
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Building & Exterior
Property & Lot
Neighborhood
Park • Walk/Jog Trails • Conservation Area • Highway Access • Private School • Public School
Geography
Property History
$1,349,000
Was $2,495,000
Jun 17, 2026
MLS® 73534902
$2,495,000
Jun 11, 2026
MLS® 73534902
Listing Agent: The Residential Group
Listing Office: Coldwell Banker Realty - Brookline
MLS® Number: 73534902
