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Gloucester 01930
3 Gloucester Ave
Photo of 3 Gloucester Ave
Sold on May 23, 2025

22

Map

Photo of 3 Gloucester Ave
Photo of 3 Gloucester Ave
$632,000
● House - Off Market

3 Gloucester Ave

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$3,092
Est. Monthly
5.02%
Cap Rate

About This Property

Lovely gambrel colonial home with two bedrooms and an office located on a quiet dead end street. This home provides so many amazing features and updates. New roof, windows, gutters, paint and solar (owned by seller) were installed in 2022. A new oil fired furnace was in stalled in 2024. There is a large long driveway, a spacious back yard with beautiful water views, a working sauna, and a large garage/barn. The barn is heated with propane and a wood stove, and has a 200 amp electric panel. This is amazing bonus space in addition to a full unfinished walk-out basement. This is the home you've been waiting for! open house Saturday 1:00 - 3:00.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$429
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #73367879)

Price History

Date / Event Date Event Price
May 23, 2025 Sold
Premium
Sold
May 7, 2025 In contract -
In contract
May 1, 2025 Listed $549,000
Listed
Dec 28, 2012 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 880
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,307
  • Total Building Area: 1,280
  • Gross Building Area: 2,371
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0037 B:0047 L:0000
  • Block: 47
  • Municipality: GLOUCESTER
  • Latitude: 42.6196
  • Longitude: -70.6771

    Address

  • Full Address: 3 Gloucester Ave
  • Address - House Number: 3
  • Address - Street Name: Gloucester
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C032
  • 4-Digit Zip Code: 2526
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $475,500

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 581,478
  • High Value: 689,128
  • Low Value: 473,828

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $488,700
  • Assessed Land Value: $151,600
  • Assessed Improvements Value: $337,100

    Sales

  • Current Sale Recording Date: Dec 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

1919 ft²

Average Home Age

80.1 years

Currently For Sale

90 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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73367879

Frequently Asked Questions

When was property at 3 Gloucester Avenue built and last sold?
The property at 3 Gloucester Avenue was built in 1900 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 3 Gloucester Avenue is $0.
What are some comparable homes to 3 Gloucester Avenue?
There are currently no comparable homes to 3 Gloucester Avenue.
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