$650,000
●
Condo -
Off Market
87 Atlantic Road #1
Gloucester, MA 01930
3 Beds
3 Baths
1,900 Ft²
$1,362,690
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model
About This Property
WATERFRONT TOWNHOUSE WITH SPECTACULAR VIEWS OF TWIN LIGHTS & BACK
SHORE. THIS END UNIT HAS AMAZING LIGHT, VIEWS AND SUNRISES.
Condo has been completely renovated all updated bathrooms,
kitchen, new heat pumps, newer roof, siding, deck etc. A turn key
pristine property. A TREMENDOUS LOCATION!!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$368
Property Type
Condo
Property Taxes
$643
HOA Dues
$578
Year Built
-
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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: 4 months ago (MLSPIN #71510110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2013 | Sold | ||
| Sold | |||
| Apr 17, 2013 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $699,000 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Bathroom
Appliances: Dishwasher, Washer, Dryer
Flooring Type: Wood, Carpet, Other
Laundry Features: In Unit
Rooms: 6
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1900
Year Built Source: Owner
Year Built: 1983
Waterfront Features: Waterfront, Ocean, 0 to 1/10 Mile To Beach
Building Name: Bass Rocks Condo Association
Building Area Total: 1900
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $611,800
Tax Annual Amount: $7,720
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $578
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 |
|---|---|---|---|---|---|---|---|
|
01/20/2026
|
3 Bed
|
3 Bath
|
1552 ft²
|
$1,175,000
3 Bed
3 Bath
1552 ft²
|
$1,150,000
-2.13%
03/24/2026
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
07/16/2025
|
3 Bed
|
3 Bath
|
1859 ft²
|
$1,350,000
3 Bed
3 Bath
1859 ft²
|
-
-
|
Beth Buckingham
J. Barrett & Company
| |
|
04/17/2013
|
3 Bed
|
3 Bath
|
1900 ft²
|
$699,000
3 Bed
3 Bath
1900 ft²
|
$650,000
-7.01%
10/18/2013
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
09/06/2012
|
3 Bed
|
3 Bath
|
1873 ft²
|
$650,000
3 Bed
3 Bath
1873 ft²
|
$605,000
-6.92%
09/12/2013
|
Julie Fariel
J. Barrett & Company
| |
|
04/28/2011
|
2 Bed
|
2 Bath
|
1866 ft²
|
$597,000
2 Bed
2 Bath
1866 ft²
|
$587,500
-1.59%
07/29/2011
|
Janet Breiter
Keller Williams Realty Evolution
| |
|
10/01/2010
|
2 Bed
|
2 Bath
|
1866 ft²
|
$635,000
2 Bed
2 Bath
1866 ft²
|
-
-
|
Charlene Delaney
Vadala Real Estate
| |
|
01/20/2009
|
3 Bed
|
3 Bath
|
1859 ft²
|
$665,000
3 Bed
3 Bath
1859 ft²
|
$645,000
-3.01%
08/06/2009
|
Mary Francis
Coldwell Banker Realty - Gloucester
| |
|
03/28/2006
|
3 Bed
|
3 Bath
|
1873 ft²
|
$739,000
3 Bed
3 Bath
1873 ft²
|
$734,000
-0.68%
07/13/2006
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
03/05/2002
|
3 Bed
|
3 Bath
|
1900 ft²
|
$769,000
3 Bed
3 Bath
1900 ft²
|
$750,000
-2.47%
07/31/2002
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
02/02/1999
|
3 Bed
|
3 Bath
|
2160 ft²
|
$359,000
3 Bed
3 Bath
2160 ft²
|
$355,000
-1.11%
05/28/1999
|
Joanne Repyak
Carlson GMAC Real Estate
| |
|
06/30/1995
|
3 Bed
|
3 Bath
|
1 ft²
|
$259,900
3 Bed
3 Bath
1 ft²
|
$245,000
-5.73%
03/31/1997
|
Fatima Heath
North Shore's Gold Coast Realty
|
Building Info
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