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118 Prospect St, Gloucester MA 01930

Gloucester, MA 01930
$629,000
Est. $3,868/month
4
Beds
2
Baths
2,106
Sq Ft
$299
Price/Sq Ft
0.13
Acres
1894
Year Built
2 hours 39 minutes
Time on Market
Active Open House Listed Jan 15, 2026 • MLS# 73468987 Copied!

About this home

Nestled at 118 Prospect St, Gloucester, MA, this Mansard Col. presents a unique opportunity to own a piece of history in a vibrant community, offering a canvas ready for your vision. Within this residence, discover 3-4 BR's thoughtfully positioned to create private retreats, offering a haven for rest and rejuvenation. The home includes 2 full Baths which offer essential fixtures. With 2106 square feet of living area spread across 2 stories, this property offers ample space to shape the layout of your dreams either as 2 fam. or large single family, while the 5660 square feet lot provides a setting for outdoor enjoyment. Constructed in 1894, this home carries with it a rich heritage, poised to blend timeless charm with modern aspirations. This Gloucester residence is a promising venture, ready for its transformation into a cherished home. 2 car paved off street parking. Newer gas heating and hot water systems. Waterview Cupola room! Close to all downtown Gloucester has to offer!

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1894
Bedrooms
4
Full Bathrooms
2
Living Area
2,106 sq ft
Total Rooms
8

Open House Schedule

17
Jan
Saturday, January 17
11:00 AM - 2:00 PM EST

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1894
Living Area 2,106 sq ft
Lot Size 0.13 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Plywood, Tile, Hardwood, Pine, Reclaimed Wood
Appliances Gas Water Heater, Water Heater, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry None
Features Kitchen, Walk-up Attic

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch, Deck - Wood, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,849
Assessed Value $628,200

Interior Features

Flooring: Plywood, Tile, Hardwood, Pine, Reclaimed Wood
Appliances: Gas Water Heater, Water Heater, Range, Refrigerator, Washer, Dryer
Interior Features: Kitchen, Walk-up Attic
Windows: Storm Window(s)
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1894
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood, City View(s)
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features: Corner Lot, Gentle Sloping, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved

Special Features

View: Yes
View Type: City View(s), City
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks

Location

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Neighborhood

118 Prospect St, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.5 mi
Grades PK-08
C
East Veterans Elementary School
0.5 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
Gloucester PreSchool
0.8 mi
101 students Moderate
Grades PK
C-
Beeman Memorial School
1.6 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
C-
West Parish School
2.7 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
B+
Plum Cove School
4.0 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.2 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
0.9 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $487
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
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Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 15, 2026
$629,000
Original listing
Agent: Lane Team Office: North Shore's Gold Coast Realty

Price & Status History

Date Event Price Change
Jan 15, 2026 Sold $629,000
Jan 15, 2026 New Listing Added $629,000

Market Statistics

Time on Market
2 hours 39 minutes
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2026 $5,849 $628,200

Financial Details

Annual Property Tax
$5,849
Tax Year 2026
Assessed Value
$628,200

Listing Information

Listing Agent Lane Team
Listing Office North Shore's Gold Coast Realty
Agent MLS ID TEAM0293
Office MLS ID C95247
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Gloucester, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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