$815,000
●
Condo -
Off Market
7 Rackliffe Street #C2
Gloucester, MA 01930
3 Beds
3 Baths,
1
Half Bath
2,695 Ft²
$1,924,031
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model
About This Property
RECENT COMPLETE RENOVATION STUNNING OCEANFRONT CONDO AT THE
ROCKAWAY ON ROCKY NECK.SPECTACULAR WATERVIEWS ACROSS GLOUCESTER
HARBOR TO THE OPEN OCEAN BEYOND. BOATING FROM YOUR OWN DEEP
WATER SLIP , SWIM IN THE HEATED POOL OR JUST RELAX WITH COCKTAILS
AND WATCH THE SUN GO DOWN ON ANY OF YOUR WATERVIEW DECKS OR GAZEBO.
ALL NEW WINDOWS & DECKS,LIGHTING,CALIFORNIA CLOSETS THROUGHOUT, NEW
BATHS & KITCHEN. GAS HEAT &A/C. LOCATED CLOSE TO ALL ROCKY NECK
HAS TO OFFER..JUST THE PERFECT SPOT TO CALL HOME
Unit Size
2,695 Ft²
Days on Market
-
Land Size
-
Price per sqft
$334
Property Type
Condo
Property Taxes
$763
HOA Dues
$680
Year Built
1985
Payment Calculator
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Cap Rate Calculator
Purchase Price
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Monthly Rental Income
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Operating Profit Per Year
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: 6 months ago (MLSPIN #71410685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed | $1,690,000 | |
| Listed | |||
   | |||
|
Summertime and the living’s easy at The Rockaway, where coastal luxury meets effortless relaxation. Enjoy one of Gloucester’s most coveted oceanfront communities, offering an unparalleled blend of elegance and seaside charm.Nestled along the waterfront, this exceptional property provides direct access to the water with your own private boat slip—allowing you to set sail just steps from your door. Whether lounging by the sparkling inground pool, taking in the sweeping ocean views, or enjoying a sunset cocktail on one of the multiple decks, every moment here is framed by breathtaking beauty.The Rockaway ensures a lifestyle of convenience and distinction. The vibrant arts scene of Rocky Neck is at your doorstep, while downtown Gloucester’s renowned dining, galleries, and coastal activities are just minutes away.From sunrise over the harbor to evenings filled with sea breezes, this coastal retreat is more than a home—it’s a lifestyle. Don’t miss the chance to make this gem your own!
| |||
| Jan 31, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2012 | Listed by RE/MAX 360 | $899,000 | |
| Listed by RE/MAX 360 | |||
| | |||
|
RECENT COMPLETE RENOVATION STUNNING OCEANFRONT CONDO AT THE ROCKAWAY ON ROCKY NECK.SPECTACULAR WATERVIEWS ACROSS GLOUCESTER HARBOR TO THE OPEN OCEAN BEYOND. BOATING FROM YOUR OWN DEEP WATER SLIP , SWIM IN THE HEATED POOL OR JUST RELAX WITH COCKTAILS AND WATCH THE SUN GO DOWN ON ANY OF YOUR WATERVIEW DECKS OR GAZEBO. ALL NEW WINDOWS & DECKS,LIGHTING,CALIFORNIA CLOSETS THROUGHOUT, NEW BATHS & KITCHEN. GAS HEAT &A/C. LOCATED CLOSE TO ALL ROCKY NECK HAS TO OFFER..JUST THE PERFECT SPOT TO CALL HOME
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Garage Faces Side, Off Street, Deeded, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Central Vacuum, Bathroom - Half, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Wood, Tile, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: Pantry, Recessed Lighting, First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2695
Security Features: Security Gate
Year Built Source: Public Records
Year Built: 1986
Waterfront Features: Waterfront, Navigable Water, Ocean, Harbor, Dock/Mooring, Frontage, Access, Deep Water Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public, Association)
Building Name: The Rockaway
Building Area Total: 2695
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck, Deck - Composite
Pool Features: Association, In Ground, Heated
Pool is Private
Lot Size Units: Acres
Tax Lot: 18
Water Source: Public, Individual Meter
Financial Details
Tax Map Number: 129
Tax Assessed Value: $751,500
Tax Annual Amount: $9,153
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Boat Dock
HOA Fee: $680
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/16/2026
|
3 Bed
|
2 Bath
|
2220 ft²
|
$1,825,000
3 Bed
2 Bath
2220 ft²
|
$1,825,000
05/29/2026
|
Barbara Dugan
Engel & Volkers By The Sea
| |
|
12/04/2025
|
2 Bed
|
2 Bath
|
1795 ft²
|
$1,199,000
2 Bed
2 Bath
1795 ft²
|
$1,200,000
+0.08%
02/12/2026
|
Sara Seber
Keller Williams Realty Evolution
| |
|
06/09/2025
|
4 Bed
|
3 Bath
|
2130 ft²
|
$1,690,000
4 Bed
3 Bath
2130 ft²
|
$1,700,000
+0.59%
08/15/2025
|
Brackett Janis Group
Engel & Volkers By the Sea
| |
|
07/11/2021
|
4 Bed
|
4 Bath
|
1835 ft²
|
$1,375,000
4 Bed
4 Bath
1835 ft²
|
$1,375,000
09/15/2021
|
Kimberly Lorden
Churchill Properties
| |
|
04/19/2019
|
3 Bed
|
2 Bath
|
2346 ft²
|
$879,000
3 Bed
2 Bath
2346 ft²
|
$879,000
06/19/2019
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
06/12/2018
| |
2 Bed
|
3 Bath
|
2214 ft²
|
-
2 Bed
3 Bath
2214 ft²
|
-
-
|
-
|
|
04/26/2018
|
2 Bed
|
3 Bath
|
2214 ft²
|
$949,500
2 Bed
3 Bath
2214 ft²
|
$875,000
-7.85%
08/15/2018
|
Rosemary Quarato
RE/MAX 360
| |
|
09/01/2016
|
2 Bed
|
3 Bath
|
1841 ft²
|
$679,000
2 Bed
3 Bath
1841 ft²
|
$670,000
-1.33%
11/18/2016
|
Militello Team
eXp Realty
| |
|
06/26/2014
|
3 Bed
|
3 Bath
|
2343 ft²
|
$869,000
3 Bed
3 Bath
2343 ft²
|
$849,000
-2.30%
09/24/2014
|
Barbara Dugan
Engel & Volkers By The Sea
| |
|
06/20/2013
|
3 Bed
|
3 Bath
|
2695 ft²
|
$979,000
3 Bed
3 Bath
2695 ft²
|
$900,000
-8.07%
10/25/2013
|
Rosemary Quarato
RE/MAX 360
| |
|
04/26/2013
|
3 Bed
|
3 Bath
|
2695 ft²
|
$719,000
3 Bed
3 Bath
2695 ft²
|
$670,000
-6.82%
08/25/2014
|
Amanda Armstrong
Compass
| |
|
07/17/2012
|
3 Bed
|
3 Bath
|
2695 ft²
|
$899,000
3 Bed
3 Bath
2695 ft²
|
$815,000
-9.34%
01/31/2013
|
Ann Rick Gloucester Group
J. Barrett & Company
| |
|
03/19/2009
|
3 Bed
|
3 Bath
|
3000 ft²
|
$999,000
3 Bed
3 Bath
3000 ft²
|
-
-
|
Darryl Del Torchio Motzi
J. Barrett & Company
| |
|
06/05/2009
|
3 Bed
|
3 Bath
|
2695 ft²
|
$749,900
3 Bed
3 Bath
2695 ft²
|
-
-
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
04/25/2008
|
4 Bed
|
3 Bath
|
2695 ft²
|
$959,000
4 Bed
3 Bath
2695 ft²
|
$880,000
-8.24%
08/29/2008
|
Rosemary Quarato
RE/MAX 360
| |
|
02/27/2008
|
2 Bed
|
2 Bath
|
1841 ft²
|
$719,000
2 Bed
2 Bath
1841 ft²
|
$707,000
-1.67%
09/29/2008
|
Darryl Del Torchio Motzi
J. Barrett & Company
| |
|
02/23/2008
|
3 Bed
|
2 Bath
|
2900 ft²
|
$1,100,000
3 Bed
2 Bath
2900 ft²
|
$1,100,000
09/15/2008
|
Alice Miller
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
01/24/2008
|
2 Bed
|
3 Bath
|
1790 ft²
|
$799,000
2 Bed
3 Bath
1790 ft²
|
$690,000
-13.64%
03/21/2008
|
Pamela Winninghoff
Carlson GMAC Real Estate
| |
|
02/27/2006
|
2 Bed
|
3 Bath
|
2346 ft²
|
$849,900
2 Bed
3 Bath
2346 ft²
|
$725,000
-14.70%
01/12/2007
|
Rosemary Quarato
RE/MAX 360
| |
|
05/24/2005
|
3 Bed
|
2 Bath
|
2695 ft²
|
$850,000
3 Bed
2 Bath
2695 ft²
|
$818,000
-3.76%
08/29/2005
|
Mary Francis
Coldwell Banker Realty - Gloucester
| |
|
02/07/2005
|
3 Bed
|
3 Bath
|
3000 ft²
|
$1,375,000
3 Bed
3 Bath
3000 ft²
|
$1,225,000
-10.91%
06/24/2005
|
Holly Chiancola
Holly C & Co. Fine Homes
| |
|
08/12/2004
|
3 Bed
|
3 Bath
|
2695 ft²
|
$799,900
3 Bed
3 Bath
2695 ft²
|
$790,000
-1.24%
01/11/2005
|
Holly Chiancola
Holly C & Co. Fine Homes
| |
|
08/13/2002
|
2 Bed
|
3 Bath
|
2214 ft²
|
$750,000
2 Bed
3 Bath
2214 ft²
|
$750,000
08/13/2002
|
Peter Kelleher
Dutton Real Estate, LLC
| |
|
03/30/1999
|
3 Bed
|
3 Bath
|
2695 ft²
|
$499,500
3 Bed
3 Bath
2695 ft²
|
$475,000
-4.90%
06/01/1999
|
Rosemary Quarato
RE/MAX 360
| |
|
06/05/1998
|
2 Bed
|
3 Bath
|
2100 ft²
|
$389,000
2 Bed
3 Bath
2100 ft²
|
$360,000
-7.46%
08/07/1998
|
Helen Cronin
Cain, Polley, Dexter Exclusive Buyers Brokers
| |
|
05/13/1997
|
3 Bed
|
3 Bath
|
2695 ft²
|
$419,000
3 Bed
3 Bath
2695 ft²
|
$419,000
12/15/1997
|
Pamela Winninghoff
Carlson GMAC Real Estate
| |
|
09/25/1996
|
2 Bed
|
3 Bath
|
1850 ft²
|
$245,000
2 Bed
3 Bath
1850 ft²
|
$419,000
+71.02%
12/15/1997
|
Pamela Winninghoff
Carlson GMAC Real Estate
| |
|
07/15/1996
|
2 Bed
|
3 Bath
|
1850 ft²
|
$249,000
2 Bed
3 Bath
1850 ft²
|
$237,000
-4.82%
07/31/1997
|
Rosemary Quarato
RE/MAX 360
| |
|
06/04/1996
|
3 Bed
|
4 Bath
|
2500 ft²
|
$450,000
3 Bed
4 Bath
2500 ft²
|
$426,000
-5.33%
09/30/1996
|
Elaine Moynahan
Coldwell Banker Realty - Gloucester
| |
|
05/17/1995
|
3 Bed
|
3 Bath
|
2500 ft²
|
$299,000
3 Bed
3 Bath
2500 ft²
|
$305,000
+2.01%
09/28/1995
|
Rosemary Quarato
RE/MAX 360
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017