8 Atlantic Rd Gloucester — Photo 1 of 32
Recent Drop: $76,000
$1,649,000
Investment Analysis — 8 Atlantic Rd
Gloucester, MA 01930 — East Gloucester
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01930 carries an estimated $3,390/mo in gross rent — about a 0.93% cap rate and $15,324/yr in estimated NOI at the $1,649,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,037
Style
Single Family
Built
1949
Now offered at a compelling new price, with beautiful hardwood floors revealed beneath recently removed carpeting, 8 Atlantic Road presents an exceptional opportunity just one tenth of a mile from the Good Harbor Beach footbridge. Set in an enviable East Gloucester location near the Back Shore, this beloved coastal retreat retains its classic character and features a remarkably spacious primary suite. The hardwood flooring extends throughout the front-to-back living room, dining room, up the staircase to the second floor, and into three of the four bedrooms. Outside, a beautifully landscaped, fenced yard unfolds around a large sparkling pool framed by lush gardens, a pool house with a bath, and a charming one bedroom guesthouse. A truly special offering in one of Gloucester’s most desirable neighborhoods.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,037 sq ft principal dwelling). Lot size: 18,730 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Floorplan Breakdown
Structural Layout
Living Room
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Lvl SecondProperty History
$1,649,000
Was $1,725,000
Sep 12, 2026
MLS® 73527694
$1,725,000
Jun 1, 2026
MLS® 73527694
Listing Agent: Brackett Janis Group
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73527694