$245,000
●
Condo -
Off Market
87 Atlantic Road #2
Gloucester, MA 01930
3 Beds
3 Baths
1 Ft²
$957,580
RealtyHop Estimate
268.44%
Since Apr 1, 1997
National-US
Primary Model
About This Property
SPECTACULAR OCEAN VIEWS ACROSS STREET FROM OCEAN. MULTI-LEVELS WITH
3 FULL BATHS AND ONE CAR GARAGE. STEPS TO GOLF COURSE.
Unit Size
1 Ft²
Days on Market
-
Land Size
-
Price per sqft
$259,900
Property Type
Condo
Property Taxes
$269
HOA Dues
$204
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 4 years ago (MLSPIN #30055660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Coldwell Banker Realty - Manchester | $1,175,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
   | |||
|
Located along Gloucester's famous Back Shore, 87 Atlantic Road welcomes the first rays of morning light from its front row seat. Unobstructed ocean views with Thatcher's Island, the Twin Lights and Bass Rocks for your viewing pleasure. The renovated kitchen features quartz counters, custom cabinetry, stainless steel appliances and island. The adjacent dining area has built-in hutch with decorative lighting. A generous living room has cathedral ceilings, skylight and dining area. Sliding glass doors lead out to the balcony. Upstairs finds bedroom with full tiled bath and golf course views. The first floor bedroom has sliders to covered oceanfront deck, full bath with walk-in shower. The finished lower level has bedroom and full bath. One car garage, two parking spots, Steps away from Good Harbor Beach, Bass Rocks Golf Club, Beach Club and Rocky Neck. Downtown Gloucester is moments away with prime shopping, dining, galleries and marinas, Route 128 and commuter rail to Boston.
| |||
| Nov 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 22, 2025 | Price Decreased |
$1,195,000
↓ $30K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: Fourth Floor
Width: 13
Length: 9
Area: 117
Level: Fourth Floor
Level: First
Width: 11
Length: 16
Area: 176
Width: 13
Length: 10
Level: Fourth Floor
Area: 130
Length: 12
Level: Fourth Floor
Area: 288
Width: 24
Width: 15
Length: 12
Area: 180
Level: Third
Level: Fourth Floor
Length: 14
Width: 14
Area: 196
Level: First
Features: Yes
Full Bathrooms: 3
Interior Features: Bathroom
Appliances: Electric Water Heater
Flooring Type: Wood, Tile, Carpet
Rooms: 6
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 2
Security Features: Other
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Bass Rocks Condo Trust
Structure Type: Townhouse
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: R
Parcel Number: 1897419
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $198,100
Tax Annual Amount: $3,225
Utilities Details
Cooling Type: Central Air
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $204
Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat
Complex is Completed
Management: Resident Superintendent
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017