70 Grapevine Road #B Gloucester — Photo 1 of 38
$2,300,000
Investment Analysis — 70 Grapevine Road #B
Gloucester, MA 01930 — Bass Rocks
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 0.49% cap rate and $11,217/yr in estimated NOI at the $2,300,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,140
Style
Condominium
Built
1900
Schooner Watch - Wake up to gorgeous Atlantic Ocean views from this exceptional condominium on Gloucester’s highly sought-after Back Shore. Perfectly positioned to enjoy the best of coastal living, the property is just minutes from the Good Harbor Beach footbridge, Niles Beach and the vibrant Rocky Neck Art Colony. Spend your days exploring scenic shorelines and enjoying the ever-changing ocean views. A quick drive brings you to bustling downtown Gloucester, known for its fabulous restaurants, lively music scene, charming shops and the renowned Cape Ann Museum. Whether used as a year-round residence, weekend retreat or seasonal escape, this special home offers an ideal blend of natural beauty, culture and convenience. Beverly Regional Airport is approximately 22 minutes away, making travel easy while keeping you close to everything that makes Cape Ann so extraordinary.
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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Vacuum System
Neighborhood
Tennis Court(s) • Golf • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Wood, Window(s) - Picture, Open Floorplan
Dining Room
Lvl SecondFlooring - Wood, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan
Kitchen
Lvl SecondFlooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Open Floorplan, Gas Stove
Family Room
Lvl ThirdSkylight, Flooring - Wood
Master Bedroom
Lvl ThirdFlooring - Wood, Balcony - Exterior
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bathroom 1
Lvl SecondBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub
Listing Agent: Brackett Janis Group
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73552296
