For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Gloucester 01930
23 Norman Ave
$275,000
● House - Off Market

23 Norman Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$584,844
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Magnolia Point ranch in need of TLC. 3BR, 1Bath home offers level yard, off street parking and a minutes walk to the ocean. Hardwood floors throughout which are in need of finishing and some patch work. Large eat in kitchen, pull down attic and a "once" finished basement offer lots of room for storage and expansion. Enjoy this lovely neighborhood and build some sweat equity. Roof 1998, Septic 1997, furnace 2001...Welcome home to Magnolia
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$229
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1947

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: 4 months ago (MLSPIN #71577585)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Sep 3, 2013 Listed by Century 21 North Shore $299,999
Listed by Century 21 North Shore
Feb 24, 1997 Sold
Premium
Sold
Jun 18, 1996 Listed by Century 21 North Shore $149,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 980
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,107
  • Total Building Area: 1,257
  • Gross Building Area: 2,345
  • Building Area: 1,257
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,257
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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: R-20

Geography

  • Parcel: GLOU M:0169 B:0016 L:0000
  • Block: 16
  • Municipality: GLOUCESTER
  • Latitude: 42.5772
  • Longitude: -70.7094

    Address

  • Full Address: 23 Norman Ave
  • Address - House Number: 23
  • Address - Street Name: Norman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C018
  • 4-Digit Zip Code: 5256
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,100

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 605,226
  • High Value: 717,272
  • Low Value: 493,180

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,800
  • Assessed Land Value: $208,500
  • Assessed Improvements Value: $297,300

    Sales

  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 547465
  • Previous Sale Recording Date: Feb 24, 1997
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 43
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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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# 71577585

Frequently Asked Questions

When was property at 23 Norman Avenue built and last sold?
The property at 23 Norman Avenue was built in 1947 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 23 Norman Avenue is $313,477.
What are some comparable homes to 23 Norman Avenue?
There are currently no comparable homes to 23 Norman Avenue.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
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