$1,750,000
●
Condo -
Off Market
163 Atlantic Road #2
Gloucester, MA 01930
3 Beds
5 Baths
2,555 Ft²
$1,790,399
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Your seaside haven on Gloucester's breathtaking Back Shore. Welcome
each new day with uninterrupted views of sea and sky from the
vantage point of your three-story, custom residence. Bask in all
the possibilities that oceanfront living brings with Good Harbor
Beach and downtown Gloucester just minutes away. Here, unmatched
craftsmanship and high-end finishes blend with a sense of laid-back
elegance that captures both the beauty and vibe of Gloucester
itself. Now is the time to explore the lifestyle that feels like
the ultimate escape.
Unit Size
2,555 Ft²
Days on Market
-
Land Size
-
Price per sqft
$685
Property Type
Condo
Property Taxes
-
HOA Dues
$679
Year Built
2021
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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: 5 years ago (MLSPIN #72944940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Feb 22, 2022 | Listed by Coldwell Banker Realty - Winchester | $1,750,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 16
Length: 14
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Area: 224
Level: Second
Area: 80
Width: 10
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Length: 8
Area: 60
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Length: 6
Level: First
Width: 10
Level: First
Features: Bathroom - 3/4, Walk-In Closet(s), Cable Hookup, High Speed Internet Hookup
Width: 16
Length: 15
Area: 240
Width: 13
Features: Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan
Length: 10
Level: Main
Area: 130
Features: Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Width: 13
Length: 11
Area: 143
Level: Third
Length: 12
Level: Main
Area: 192
Features: Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting
Width: 16
Length: 13
Level: First
Features: Cable Hookup, Exterior Access, High Speed Internet Hookup, Recessed Lighting
Width: 20
Area: 260
Width: 10
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Third
Area: 60
Length: 6
Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Level: Second
Length: 15
Width: 17
Area: 255
Length: 14
Level: Third
Area: 238
Features: Flooring - Hardwood
Width: 17
Features: Yes
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Bathroom - Half, Home Office, Bathroom, Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Propane Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Flooring - Hardwood
Laundry Features: First Floor, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Under Construction
PropertySubType: Condominium
Building Name: Aquarius On The Back Shore
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Composite, Patio
Lead Paint: None
Lot Size Units: Acres
Parcel Number: 5118410
Water Source: Public
Utilities Details
Utilities: for Gas Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $679
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/27/2024
|
3 Bed
|
3 Bath
|
3157 ft²
|
$1,799,000
3 Bed
3 Bath
3157 ft²
|
$1,750,000
-2.72%
02/28/2025
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
07/16/2024
|
3 Bed
|
4 Bath
|
2656 ft²
|
$1,850,000
3 Bed
4 Bath
2656 ft²
|
$1,825,000
-1.35%
08/23/2024
|
Nichole Dimodica
Citylight Homes LLC
| |
|
07/10/2024
|
3 Bed
|
5 Bath
|
2889 ft²
|
$1,699,000
3 Bed
5 Bath
2889 ft²
|
$1,699,000
10/10/2024
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
05/14/2024
|
3 Bed
|
3 Bath
|
2889 ft²
|
$1,849,000
3 Bed
3 Bath
2889 ft²
|
$1,800,000
-2.65%
11/08/2024
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
05/08/2024
|
3 Bed
|
5 Bath
|
2745 ft²
|
$1,795,000
3 Bed
5 Bath
2745 ft²
|
-
-
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
09/11/2023
|
3 Bed
|
5 Bath
|
-
|
$1,869,000
3 Bed
5 Bath
|
-
-
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
08/08/2023
|
3 Bed
|
5 Bath
|
-
|
$1,869,000
3 Bed
5 Bath
|
-
-
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
07/10/2023
|
3 Bed
|
3 Bath
|
3125 ft²
|
$1,869,000
3 Bed
3 Bath
3125 ft²
|
$1,850,000
-1.02%
12/22/2023
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
05/02/2023
|
3 Bed
|
4 Bath
|
2656 ft²
|
$2,000,000
3 Bed
4 Bath
2656 ft²
|
$1,990,000
-0.50%
06/30/2023
|
Barbara Dugan
Engel & Volkers By The Sea
| |
|
04/25/2023
|
3 Bed
|
5 Bath
|
-
|
$1,799,000
3 Bed
5 Bath
|
-
-
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
10/05/2022
|
3 Bed
|
5 Bath
|
-
|
$1,969,000
3 Bed
5 Bath
|
-
-
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
09/20/2022
|
3 Bed
|
4 Bath
|
-
|
$2,300,000
3 Bed
4 Bath
|
-
-
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
04/14/2022
|
3 Bed
|
3 Bath
|
2947 ft²
|
$1,750,000
3 Bed
3 Bath
2947 ft²
|
$1,750,000
08/09/2022
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
03/09/2022
|
3 Bed
|
3 Bath
|
2450 ft²
|
$1,750,000
3 Bed
3 Bath
2450 ft²
|
$1,750,000
08/19/2022
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
02/22/2022
|
3 Bed
|
5 Bath
|
2555 ft²
|
$1,750,000
3 Bed
5 Bath
2555 ft²
|
$1,750,000
07/29/2022
|
The Marrocco Group
Coldwell Banker Realty - Winchester
| |
|
01/04/2022
|
3 Bed
|
5 Bath
|
2450 ft²
|
$2,000,000
3 Bed
5 Bath
2450 ft²
|
$2,000,000
06/10/2022
|
The Marrocco Group
Coldwell Banker Realty - Winchester
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017