60 Rocky Neck Avenue #202 Gloucester — Photo 1 of 29
$599,000
Investment Analysis — 60 Rocky Neck Avenue #202
Gloucester, MA 01930
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01930 carries an estimated $2,160/mo in gross rent — about a 0.91% cap rate and $5,454/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
970
Style
Condominium
Built
2000
A sun-filled seaside condo in the heart of Rocky Neck! Set in the heart of Rocky Neck, the country’s oldest working art colony, this inviting Gloucester condo offers a rare blend of coastal charm, historic character, and everyday convenience. From its elevated perch, the home captures beautiful views of Smith Cove, Gloucester Harbor, and the iconic Marine Railway, an ever-changing waterfront backdrop that celebrates the city’s maritime spirit. Inside, high vaulted ceilings, abundant natural light, and a spacious deck create an airy, welcoming retreat suited for relaxed seaside living or inspired work-from-home days. Thoughtful design details and open concept living space give the condo a distinctive sense of warmth and character. Step outside and enjoy one of Gloucester’s most vibrant waterfront neighborhoods, with galleries, restaurants, boutiques, and shops all within easy walking distance. Whether you are drawn by the art, the harbor, or the easy coastal lifestyle, 60 Rocky Neck Ave offers a special opportunity to live where Gloucester’s creative and maritime traditions meet, and represents a tremendous value in this sought-after seaside setting. The seller is also willing to work creatively with a buyer to help address the cost of the HOA fees, offering added flexibility for the right purchaser.OPEN HOUSE SAT 9/19 12-2
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
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Listing Agent: Ginger Attaya
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73579215
