8 Minerva St. Swampscott — Photo 1 of 33
$699,000
Investment Analysis — 8 Minerva St.
Swampscott, MA 01907
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01907 carries an estimated $3,700/mo in gross rent — about a 3.73% cap rate and $26,101/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,271
Style
Single Family
Built
1890
Adorable Swampscott home that blends charm, warmth, and thoughtful updates throughout. This lovingly maintained 3-bedroom, 2-bath property features gleaming wood floors, a bright and inviting three-season porch, and a practical mudroom that keeps everyday living effortless. The layout feels cozy yet functional, with sunlit rooms and meticulous care evident in every detail. A separate guest house adds incredible flexibility—perfect for visitors, a home office, studio, or private retreat. Outside, a cute backyard offers just the right amount of green space for relaxing, gardening, or entertaining. And with the Swampscott train station nearby, commuting to Boston is a breeze. A rare combination of character, convenience, and bonus space, this home truly has that “feel-good” charm buyers fall in love with.
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: 636 sq ft (the lesser of 900 sq ft or half the 1,271 sq ft principal dwelling). Lot size: 5,001 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wood
Dining Room
Lvl Main,FirstCloset, Flooring - Wood
Kitchen
Lvl Main,FirstFlooring - Laminate, Exterior Access, Stainless Steel Appliances
Master Bedroom
Lvl SecondCloset, Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall
Listing Agent: Paula Pickett
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73570348
