1
Map
$645,000
●
Condo -
Off Market
87 Atlantic #UNIT2
Gloucester, MA 01930
3 Beds
3 Baths
1,859 Ft²
$1,380,709
RealtyHop Estimate
107.63%
Since Sep 1, 2009
National-US
Primary Model
About This Property
Enjoy spectacular unobstructed views of Bass Rocks, Twin Lights,
and Atlantic Ocean from this upscale Back Shore
townhome-hardwoods,cathedrals, skylight,central air, garage. Good
Harbor Beach and East Gloucester shops, restaurants, theater and
galleries nearby--a perfect choice for full time living(room for
home office) or second home(private space for visitors).
Unit Size
1,859 Ft²
Days on Market
-
Land Size
-
Price per sqft
$358
Property Type
Condo
Property Taxes
$502
HOA Dues
$443
Year Built
-
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Cap Rate Calculator
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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: 5 months ago (MLSPIN #70865971)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2009 | Sold | ||
| Sold | |||
| Jan 20, 2009 | Listed | $665,000 | |
| Listed | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Storage, Off Street, Assigned, Under
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Carpet
Laundry Features: Second Floor
Rooms: 6
Basement: Y
Exterior Details
Square Footage: 1859
Year Built Source: Public Records
Year Built: 1984
Waterfront Features: Waterfront, Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Area Total: 1859
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $627,000
Tax Annual Amount: $6,019
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump, Electric
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $443
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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Address: 335 Madison Avenue, New York, NY 10017