
80 Prospect St #7 Gloucester — Photo 1 of 27
$539,000
Investment Analysis — 80 Prospect St #7
Gloucester, MA 01930
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01930 carries an estimated $2,560/mo in gross rent — about a 2.74% cap rate and $14,745/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,575
Style
Condominium
Built
1900
At 80 Prospect St U:7 in Gloucester, MA, this 2 bedroom / 2 bathroom condominium presents a refined living experience across 1575 square feet. This attractive property, maintained in great condition, offers an exceptional opportunity for discerning individuals seeking sophisticated urban living. The kitchen is thoughtfully appointed with stainless steel appliances, providing a functional and elegant space for culinary pursuits. This residence encompasses two well-proportioned bedrooms and two full bathrooms, offering comfortable and private accommodation. Entrance on the first floor of a four-story Unit, the property also features a common area porch, ideal for relaxation. Experience coastal living in this beautifully maintained condominium in scenic Gloucester, MA. This bright and inviting Unit offers an open-concept layout filled with natural light, creating a comfortable space for both everyday living and entertaining. The spacious primary suite features a private full bath, while the bonus room provides flexibility for guests, a home office, or family. Enjoy the beauty of Cape Ann from your elevated vantage point, with easy access to Gloucester's renowned beaches, harbor, downtown shops, restaurants, galleries, and waterfront attractions. Whether you're searching for a year-round residence, weekend retreat, or investment opportunity, this move-in-ready condominium Unit combines comfort, convenience, and the best of North Shore coastal living.
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 • Trash Compactor • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondCathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Decorative Molding
Kitchen
Lvl SecondCloset, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Master Bedroom
Lvl ThirdSkylight, Closet, Flooring - Wood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Closet - Double, Decorative Molding
Bedroom 2
Lvl FirstBathroom 1
Lvl ThirdBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cable Hookup
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Closet, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Listing Agent: Bethany Pratt
Listing Office: Churchill Properties
MLS® Number: 73554673
