73 Martin St Essex — Photo 1 of 40
Recent Drop: $50,000
$1,750,000
Investment Analysis — 73 Martin St
Essex, MA 01929
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01929 carries an estimated $3,390/mo in gross rent — about a 1.08% cap rate and $18,823/yr in estimated NOI at the $1,750,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
3,371
Style
Single Family
Built
1857
A rare updated multi-building estate offering great flexibility for multi-generational living or guest accommodations. Designed for both connection and privacy, this property is located on a 0.69-acre lot in desirable Essex and provides easy access to local amenities, scenic coastal views, and the charm of a historic New England community. The main house features 3,371 sq. ft., with an open-concept living room, dining area, and bright kitchen, as well as a nice primary bedroom with a private bathroom on the main level. Upstairs offers four bedrooms, including a potential second primary suite with a private bathroom, along with three additional bedrooms, a full bathroom, a laundry room, a relaxing balcony, and deck access. The third level has a big multipurpose room with an amazing custom walking closet. Additional features include a versatile finished space above the two-car garage, perfect for a game room. Also, a detached guest house/studio. The backyard has a farmhouse style!
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 3,371 sq ft principal dwelling). Lot size: 30,056 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 • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Park • Golf • Laundromat • Conservation Area • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl ThirdPrimary Bedroom
Lvl SecondBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl SecondBathroom 1
Lvl SecondBathroom 2
Lvl SecondBathroom 3
Lvl FirstProperty History
$1,750,000
Was $1,800,000
Aug 25, 2026
MLS® 73531047
$1,800,000
Jun 5, 2026
MLS® 73531047
Listing Agent: Gabriela Debenedictis
Listing Office: Coldwell Banker Realty - Manchester
MLS® Number: 73531047
