Active
4 Days on market
55 Riverview Rd Gloucester — Photo 1 of 40

55 Riverview Rd Gloucester — Photo 1 of 40

$2,225,000

Investment Analysis — 55 Riverview Rd

Gloucester, MA 01930

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01930 carries an estimated $3,080/mo in gross rent — about a 0.57% cap rate and $12,699/yr in estimated NOI at the $2,225,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,514

Style

Single Family

Built

1970

A rare waterfront offering on Gloucester’s coveted Annisquam River, where an extraordinary vantage point captures sweeping views directly down the river rather than across to neighboring homes. With a Chapter 91 tidal dock at your doorstep, this 3-bedroom, 2.5-bath residence offers an exceptional connection to the water, from morning coffee overlooking the river to an afternoon boat ride to Wingaersheek Beach.Fully renovated with a second story added in 2012, the home was thoughtfully designed to maximize its remarkable setting. Water views unfold from every room, while each bedroom opens to its own private balcony overlooking the river. The primary suite features an ensuite bath and a front-row perspective of the ever-changing waterfront.At the heart of the home, a spacious, light-filled living and dining area offers an open layout framed by expansive water views and a dramatic floor-to-ceiling stone fireplace. Built-in shelving and a wet bar create an inviting setting for entertaining, while the generous kitchen features an eat-in island and adjoining breakfast nook, all oriented toward the scenery beyond.Step directly from the main living area onto an expansive 414-square-foot waterfront deck, creating a seamless extension of the home for dining, entertaining, or simply watching boats make their way along the Annisquam. An outdoor shower and one-car garage add convenience to a property designed for effortless waterfront living.Just seven minutes from downtown Gloucester yet surrounded by the beauty and tranquility of the river, this is a distinctive opportunity to experience one of Cape Ann’s most extraordinary waterfront settings.

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 2,514 sq ft principal dwelling). Lot size: 12,450 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.

Open Houses

Property Details

Financials

Original Price$2,225,000
Annual Taxes$15,391

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms5
Fireplaces1
FlooringHardwood
BasementFull, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Radiant, Natural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR-10

Property & Lot

Acres0.29
SqFt Lot12,450
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Wet Bar, Recessed Lighting

Kitchen
Lvl First

Flooring - Hardwood, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting

Family Room
Lvl First

Vaulted Ceiling(s), Flooring - Hardwood, Wet Bar, Recessed Lighting

Master Bedroom
Lvl Second

Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood, Balcony / Deck

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: The Bramhall Team

Listing Office: Churchill Properties

MLS® Number: 73573140