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8 1/2 Myrtle Sq, Gloucester, MA, 01930

2beds
2baths
1,514sqft
$534,000
$353price/sqft
$3,689/moest. monthly cost
$147,560/yrincome needed

About This Home

Turnkey Victorian Cottage in downtown Gloucester offering the perfect blend of character and convenience. Ideally located near the train, beaches, shopping, and highway access, the home enjoys ample street parking and added privacy with undeveloped land across the street. The first floor features a spacious living room with coffered ceilings, hardwood floors, and a large picture window, a petite but efficient kitchen along with an adjoining light infused dining room with sliding glass doors leading to a sunny, enclosed backyard, perfect for relaxation. Upstairs includes two generously sized bedrooms, a large bath with stackable washer/dryer, and a versatile third room ideal for office space, nursery, or oversized dressing room. The finished lower level houses a half bath, open living space, separate entrance, and abundant storage.

Getting Around

87
WalkingVery Walkable
46
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian,Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Washer,Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dishwasher
  • Laundry features: Bathroom - Full,Second Floor,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Walk-Out Access,Interior Entry,Concrete

Bathroom1

  • Features: Bathroom - Full, Bathroom - Tiled With Tub, Dryer Hookup - Electric, Washer Hookup
  • Level: Second
  • Area: 84

Bathroom2

  • Features: Bathroom - Half
  • Level: Basement
  • Area: 32

Bedroom2

  • Features: Closet, Flooring - Hardwood
  • Level: Second
  • Area: 144

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Vinyl, French Doors, Exterior Access
  • Level: Main,First
  • Area: 110

Family Room

  • Features: Bathroom - Half, Flooring - Vinyl, Window(s) - Picture, Exterior Access
  • Level: Basement
  • Area: 168

Features

  • Home Office
  • Flooring: Wood,Vinyl,Hardwood,Flooring - Hardwood
  • Finished area below ground: 545
  • Finished area above ground: 969

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,514
  • Total interior livable area: 1,514 sqft

Kitchen

  • Features: Flooring - Vinyl, Stainless Steel Appliances
  • Level: Main,First
  • Area: 49

Living Room

  • Features: Ceiling Fan(s), Coffered Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Remodeled
  • Level: Main,First
  • Area: 228

Master Bathroom

  • Features: No

Master Bedroom

  • Features: Walk-In Closet(s), Closet, Flooring - Hardwood
  • Level: Second
  • Area: 121

Office

  • Features: Flooring - Hardwood
  • Level: Second
  • Area: 70

Property

Details

  • Zoning: R-5
  • Foundation area: 540

Features

  • Patio & porch: Patio
  • Exterior features: Patio,Rain Gutters,Fenced Yard,Garden
  • Fencing: Fenced/Enclosed,Fenced
  • Waterfront features: Beach Access,Harbor,Ocean,Walk to,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 984 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,700$32,400
Home Insurance *$182$2,184
Property Taxes $453$5,436
Electricity $354$4,259
Total$3,689$44,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,480/yr
40% on housing$110,670/yr
45% on housing$98,373/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$353This listing

vs Other Active Listings

Avg $/sqft

ZIP 01930$517
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01930$426
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$534,000
2023-10-02Sold$440,000
2023-07-18Listed for sale$430,000

For Sale by Agent

AgentJulia Virden
BrokerageJ. Barrett & Company

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