For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Gloucester 01930
11 Magnolia Ave
$731,000
● House - Off Market

11 Magnolia Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,253 Ft²
$709,509
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Come see this charming colonial in a fantastic Magnolia location just steps to Magnolia Beach and Village! So much potential awaits this charming home with many unique and historic details. Flexible layout includes 3 bedrooms on the second floor along with additional bedroom or office on first floor. Full dining room, large eat in kitchen, living room, laundry room and half bath also on first floor with large wrap around covered porch where you can sit and watch the sunset over magnolia beach. Large third floor bonus room with views of the beach and the ocean beyond. Perfect for year round residence or summer home. Spend your summers at the beach or explore Ravenswood Park from your front door. Close to shops, restaurants and everything Magnolia has to offer! Showings to begin at first open house, Sunday 2/20 11-1.
Unit Size
2,253 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$306
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1910

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #72944082)

Price History

Date / Event Date Event Price
Mar 23, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by Vadala Real Estate $689,000
Listed by Vadala Real Estate
Nov 24, 2021 Sold
Premium
Sold
May 17, 1999 Sold
Premium
Sold
Mar 24, 1999 Listed by Vadala Real Estate $319,000
Listed by Vadala Real Estate

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,373
  • Total Building Area: 2,180
  • Gross Building Area: 3,613
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221901

Zoning

  • Zoning: NB

Geography

  • Parcel: GLOU M:0170 B:0010 L:0000
  • Block: 10
  • Municipality: GLOUCESTER
  • Latitude: 42.5784
  • Longitude: -70.715

    Address

  • Full Address: 11 Magnolia Ave
  • Address - House Number: 11
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C025
  • 4-Digit Zip Code: 5129
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $683,100

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 720,992
  • High Value: 836,153
  • Low Value: 605,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,100
  • Assessed Land Value: $219,500
  • Assessed Improvements Value: $482,600

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220323001010
  • Previous Sale Recording Date: Nov 24, 2021
  • Previous Sale Contract Date: Nov 24, 2021
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$448

Below Asking

0.03%

Average Days on Market

58

Average Home Size

2093 ft²

Average Home Age

77 years

Currently For Sale

84 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72944082

Frequently Asked Questions

When was property at 11 Magnolia Avenue built and last sold?
The property at 11 Magnolia Avenue was built in 1910 and last sold on Mar 23, 2022 for $731,000.
How much is this home worth?
The estimated value of the home located at 11 Magnolia Avenue is $705,076.
What are some comparable homes to 11 Magnolia Avenue?
There are currently no comparable homes to 11 Magnolia Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Gloucester Homes for Sale
Gloucester Houses for Sale
Gloucester Condos for Sale
Gloucester Townhouses for Sale
Gloucester Multifamily for Sale
Gloucester Land for Sale
Gloucester Commercial for Sale
Gloucester Homes with Basements
Nearby Cities
Lynn Homes for Sale
Salem Homes for Sale
Beverly Homes for Sale
Newburyport Homes for Sale
Danvers Homes for Sale
Marblehead Homes for Sale
Swampscott Homes for Sale
Rockport Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Neighborhoods
Peabody Town Center Real Estate
Salem Neck Real Estate
North Salem Real Estate
Downtown Salem Real Estate
Federal Street Real Estate
Nearby Counties
Lynn Homes for Sale
Salem Homes for Sale
Beverly Homes for Sale
Newburyport Homes for Sale
Danvers Homes for Sale
Marblehead Homes for Sale
Swampscott Homes for Sale
Ipswich Homes for Sale
Top Real Estate Agents
Top Agents in Gloucester
Top Agents in Lynn
Top Agents in Lynn
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970
Top Agents in Beverly
Top Agents in Beverly