79 Woodman St Gloucester — Photo 1 of 2
$429,000
Investment Analysis — 79 Woodman St
Gloucester, MA 01930 — West Gloucester
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01930 carries an estimated $2,040/mo in gross rent — about a 3.76% cap rate and $16,135/yr in estimated NOI at the $429,000 list price. Adjust every assumption in the calculator below.
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Looking for a woodland wonderland to build your dream home? This consists of 2.05 acres of improved land with driveway, upgraded private well, cleared building envelope, stone walls and privacy borders. The Soil Test results are for a four bedroom system, buyer is responsible for septic design. The Zoning is R-80, requiring 100 feet of frontage and 80,000.00 square feet of land for a single family, with 40,000 square feet of land required for additional units. Acreage will allow a two possibly three family residence. Nice private location in woodland setting to build dream home or two family residence.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Conservation Area • House of Worship
Geography
Listing Agent: Holly Chiancola
Listing Office: Holly C & Co. Fine Homes
MLS® Number: 73519210
