Active
31 Days on market
79 Dennison Street Gloucester — Photo 1 of 40

79 Dennison Street Gloucester — Photo 1 of 40

$1,250,000

Investment Analysis — 79 Dennison Street

Gloucester, MA 01930 — 4D

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01930 carries an estimated $3,390/mo in gross rent — about a 1.74% cap rate and $21,809/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

1,773

Style

Single Family

Built

1900

Enchanting Waterfront Cottage w/private dock on peaceful Goose Cove. Enjoy gorgeous water views and looking over the Cove at the most spectacular nightly sunsets. Very serene and much like living on your very own nature preserve. The cottage is warm and welcoming, with a wood paneled, multi-windowed mudroom with storage benches at the entryway, front to back living/dining room, kitchen, first floor bedroom (currently used as a den with pull-out couch) and full bath, a family room/sunroom across the back of the home. The kitchen is older style with a fabulous classic double porcelain sink and tons of storage. You will find four more bedrooms upstairs and a second full bath w/tub and shower. Windows abound throughout the home, offering stellar views from every room, and letting in abundant light and heavenly breezes. The property is beautifully landscaped, providing a continuous rolling display of colorful perennials. Close to Plum Cove Beach, the coveted Lighthouse Beach, the Annisquam River, and multiple trailheads into protected woodlands a short walk from your door.

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: 887 sq ft (the lesser of 900 sq ft or half the 1,773 sq ft principal dwelling).

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

Original Price$1,250,000
Annual Taxes$9,107.97

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Vinyl, Hardwood, Pine, Flooring - Wood
BasementCrawl Space, Dirt Floor

Climate & Utilities

HeatingHot Water, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationGranite
ZoningR-20

Property & Lot

Acres--
SqFt Lot0.11
Lot Features--

Amenities & Appliances

Electric Water Heater • Leased Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access • Marina

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Bedroom 5
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Main,First

26 x 11

Flooring - Hardwood, Cable Hookup, Open Floorplan

Dining Room
Lvl Main,First

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl Main,First

14 x 13

Flooring - Vinyl

Family Room
Lvl Main,First

25 x 9

Flooring - Hardwood, Deck - Exterior, Exterior Access

Master Bedroom
Lvl Second

14 x 11

Closet, Flooring - Wood

Bedroom 2
Lvl Second

11 x 11

Bedroom 3
Lvl Second

11 x 11

Closet, Flooring - Wood

Bedroom 4
Lvl Second

13 x 9

Closet, Flooring - Wood

Bedroom 5
Lvl First

11 x 10

Closet, Flooring - Wood

Bathroom 1
Lvl Main,First

6 x 5

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 2
Lvl Second

7 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Listed
$1,250,000

Aug 12, 2026

MLS® 73563023

Terminated
$1,295,000

Oct 24, 2025

MLS® 73428318

Listed
$1,295,000

Sep 9, 2025

MLS® 73428318

Listing Provided By

Listing Agent: Nina Quinlan

Listing Office: Melcher Real Estate Group

MLS® Number: 73563023