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Gloucester 01930
140 Mt Pleasant Avenue
Photo of 140 Mt Pleasant Avenue
Sold on Jun 15, 2026

42

Map

Photo of 140 Mt Pleasant Avenue
Photo of 140 Mt Pleasant Avenue
$790,000
● House - Off Market

140 Mt Pleasant Avenue

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,700 Ft²
$4,506
Est. Monthly
5.73%
Cap Rate

About This Property

Nestled in the heart of East Gloucester, this four bedroom 2 ½ bath home has peeks of Gloucester Harbor and is near the Gloucester Stage Company with the Bass Rocks Golf Club and Good Harbor Beach footbridge are within a mile.  The spacious yard is perfect for gardening, outdoor play, or hosting impromptu basketball games by the hoop. The detached garage, once enjoyed as a rec room complete with lively pool games, is easily used to get a vehicle out of bad weather.  The finished lower level, with its own separate entrance has a kitchen and full bath and works as a gathering space or guest suite with living room and bedroom.  This home is ready for its next chapter-and for you to create your own memories.   See video at You Tube.  Floor Plan available.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$296
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #73518262)

Price History

Date / Event Date Event Price
Jun 15, 2026 Sold
Premium
Sold
May 29, 2026 In contract -
In contract
May 13, 2026 Listed by RE/MAX Beacon $798,000
Listed by RE/MAX Beacon

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,109
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,520
  • Total Building Area: 1,922
  • Gross Building Area: 3,179
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000242
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0081 B:0021 L:0000
  • Block: 21
  • Municipality: GLOUCESTER
  • Latitude: 42.6054
  • Longitude: -70.6518

    Address

  • Full Address: 140 Mount Pleasant Ave
  • Address - House Number: 140
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C027
  • 4-Digit Zip Code: 4220
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $668,700

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 759,092
  • High Value: 854,302
  • Low Value: 663,882

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,300
  • Assessed Land Value: $235,600
  • Assessed Improvements Value: $451,700
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:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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: 4 months ago
Data Source: MLS PIN, MLS# 73518262

Frequently Asked Questions

When was property at 140 Mt Pleasant Avenue built and last sold?
The property at 140 Mt Pleasant Avenue was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 140 Mt Pleasant Avenue is $834,975.
What are some comparable homes to 140 Mt Pleasant Avenue?
There are currently no comparable homes to 140 Mt Pleasant Avenue.
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