@impartit
I have also found motors to be noisy on the bench, but when you put the boat in the water it doesn't sound so loud and sometimes even like a real engine. So I don't fuss about it too much, but I have picked up that the propeller shaft is the actual source of the noise and not the motor. Disconnect the coupling and rev it up again. See if the noise is less. A slight imbalance on the shaft, amplified by the wooden hull like a guitar, make it sound a lot worse than it is.
You can also try a softer rubber for the mounting. I don't use a metal mounting. I make my own wooden ones out of super-wood. So I cannot comment on the role of the mounting in the reverberation of the noise. And as a last resort, line the hull with "mouse pad" foam. Not sure what it's called but here locally we buy it in A2 size sheets. It has some sound damping properties.