$1,800,000
●
Condo -
Off Market
163 Atlantic Road #7
Gloucester, MA 01930
3 Beds
5 Baths,
2
Half Baths
2,889 Ft²
$9,879
Est. Monthly
$800
HOA / Fees
1.59%
Cap Rate
About This Property
Welcome each new day with 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. Featuring 3-stories, 3-bedrooms, 3-full baths and 2-half
baths. Each residence boasts two electric fireplaces, high-end
finishes, superb craftmanship and a relaxing, casual elegance.
Chef's kitchen on the second floor boasts designer cabinetry,
quartz countertops and high-end appliances. New construction with
attention to detail. The perfect recipe for luxurious, easy living.
Late Fall occupancy with the ability to customize.
Unit Size
2,889 Ft²
Days on Market
-
Land Size
-
Price per sqft
$640
Property Type
Condo
Property Taxes
-
HOA Dues
$800
Year Built
2021
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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: 2 years ago (MLSPIN #73237314)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Listed by Coldwell Banker Realty - Lexington | $1,849,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| Mar 7, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 12, 2023 | Listed by Coldwell Banker Realty - Lexington | $1,869,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
|
Welcome each new day with 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. Featuring 3-stories, 3-bedrooms, 3-full baths and 2-half baths. Each residence boasts two electric fireplaces, high-end finishes, superb craftmanship and a relaxing, casual elegance. Chef’s kitchen on the second floor boasts designer cabinetry, quartz countertops and high-end appliances. New construction with attention to detail. The perfect recipe for luxurious, easy living. Late Fall occupancy with the ability to customize.
| |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Second
Width: 16
Length: 10
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: 160
Level: Second
Area: 72
Width: 12
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity
Length: 6
Area: 72
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Length: 9
Level: First
Width: 8
Level: First
Features: Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Width: 17
Length: 12
Area: 204
Width: 29
Features: Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan
Length: 16
Level: Second
Area: 464
Features: Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Width: 14
Length: 16
Area: 224
Level: Third
Length: 16
Level: Second
Area: 464
Features: Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting
Width: 29
Length: 16
Level: First
Features: Flooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Recessed Lighting, Crown Molding
Width: 25
Area: 400
Width: 5
Features: Bathroom - Half, Flooring - Hardwood
Level: Third
Area: 45
Length: 9
Features: Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Exterior Access, High Speed Internet Hookup
Level: Second
Length: 12
Width: 14
Area: 168
Length: 11
Level: Third
Area: 99
Features: Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup
Width: 9
Features: Yes
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Cable Hookup, High Speed Internet Hookup, Bathroom - Half, Bathroom - Tiled With Shower Stall, Mud Room, Home Office, Bathroom, Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood
Flooring Type: Tile, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Laundry Features: Washer Hookup, Flooring - Stone/Ceramic Tile, First Floor, In Unit, Electric Dryer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Dining Room, Family Room, Living Room
Fireplaces: 2
Basement: N
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual, 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: 5222963
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, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $800
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