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8 Lewis Court Gloucester — Photo 1 of 26

8 Lewis Court Gloucester — Photo 1 of 26

$559,000

Investment Analysis — 8 Lewis Court

Gloucester, MA 01930

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01930 carries an estimated $3,080/mo in gross rent — about a 4.31% cap rate and $24,091/yr in estimated NOI at the $559,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,335

Style

Single Family

Built

1900

Welcome home to 8 Lewis Court! Privately positioned at the end of a private way, just steps from Stacy Boulevard, this charming Cape offers a wonderful combination of privacy, character, and an enviable harbor-side location. The bustle of downtown feels a world away, while the rhythm of the harbor and cooling salt breezes create a relaxed coastal atmosphere. Inside, well-proportioned rooms are filled with natural light and feature beautifully refinished hardwood and pine floors. The inviting layout is equally suited to quiet everyday living and gatherings with family and friends. The spacious kitchen offers tiled floors, excellent cabinetry, granite countertops, and direct access to the private backyard. A first-floor bedroom/home office with wall-to-wall carpeting and a full bath provides flexibility for guests, work, or one-level living. Upstairs, two generous bedrooms share a full bath and feature wood floors, ample closet space, and wonderful harbor views from nearly every window. The home has been thoughtfully maintained and updated. A charming outdoor shed provides additional storage, while the stone driveway offers parking for 2–3 cars. Set moments from Gloucester Harbor and Stage Fort Park, with Main Street, restaurants, shops, galleries, and museums all within easy reach, this is a location that truly invites you to leave the car at home and enjoy all that Gloucester has to offer.

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: 668 sq ft (the lesser of 900 sq ft or half the 1,335 sq ft principal dwelling). Lot size: 2,820 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.

Property Details

Financials

Original Price$559,000
Annual Taxes$3,999

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet
BasementCrawl Space

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR-5

Property & Lot

Acres0.06
SqFt Lot2,820
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island

Primary Bedroom
Lvl Second

Closet, Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Tiled With Shower Stall

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub

Listing Provided By

Listing Agent: Scott Smith

Listing Office: Coldwell Banker Realty - Manchester

MLS® Number: 73579629