5 Point De Chene Avenue Rockport — Photo 1 of 36
$3,200,000
Investment Analysis — 5 Point De Chene Avenue
Rockport, MA 01966 — Pigeon Cove
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01966 carries an estimated $3,390/mo in gross rent — about a 0.26% cap rate and $8,293/yr in estimated NOI at the $3,200,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,748
Style
Single Family
Built
1993
Commanding one of Rockport’s most prized and rarely available coastal enclaves, 5 Point De Chene Avenue provides a spectacular setting for the finest in seaside living and entertainment. The sun-drenched home showcases cathedral ceilings and a two-story glass wall that provides a focal point of breathtaking and unobstructed views of the open Atlantic Ocean, displaying an endless parade of marine vessels gracefully passing by. With unbroken water views at every turn, the main level features an open-concept layout, including a serene primary suite that provides the complete ease of single-level living. The second floor features three additional bedrooms to accommodate guests or dedicated lifestyle spaces alike. Outside, the grounds feature an expansive deck that flows naturally into a custom stone terrace, overlooking the lush yard and dramatic rocky shoreline. Complete with an oversized detached garage and ample parking, this meticulous property represents a premier opportunity to own an elegant oceanfront retreat equally suited for luxurious year-round living or memorable summers to spend treasured time by the sea.
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 2,748 sq ft principal dwelling). Lot size: 26,964 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 • Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First25 x 15
Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead
Dining Room
Lvl Main,First15 x 7
Beamed Ceilings, Flooring - Hardwood, Open Floorplan, Lighting - Pendant
Kitchen
Lvl Main,First15 x 10
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Office
Lvl Main13 x 10
Ceiling - Vaulted, Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Main,First14 x 25
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup, Deck - Exterior, Exterior Access, Recessed Lighting, Lighting - Overhead
Bedroom 2
Lvl Second16 x 13
Bedroom 3
Lvl Second12 x 14
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Lighting - Overhead, Closet - Double
Bedroom 4
Lvl Second14 x 10
Cathedral Ceiling(s), Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,First11 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl Main,First7 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Second11 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead
Listing Agent: Amanda Armstrong Group
Listing Office: Compass
MLS® Number: 73572858
