5 Pirates Lane #11
About This Property
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2026 | No longer available | - | |
| No longer available | |||
| Sep 18, 2026 | Price Decreased |
$825,000
↓ $33K
(3.9%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Engel & Volkers By the Sea | $858,000 | |
| Listed by Engel & Volkers By the Sea | |||
| |||
|
Experience spectacular sunsets and panoramic harbor views from this sun-filled, west-facing townhome in the heart of historic East Gloucester. Ideally situated beside the North Shore Art Association and just a short stroll to Rocky Neck, this charming residence offers the perfect blend of coastal beauty and convenience The main level features an open-concept design with a spacious living area, a beautifully appointed kitchen with quartz countertops, a generous bedroom, full bath, and in-unit laundry. Upstairs, a bright and versatile retreat opens through sliding glass doors to a private deck where you can relax and take in the breathtaking water views. The upper level can serve as a luxurious primary suite with its own full bath or, by folding away the Murphy bed, transform into an expansive living or entertaining space. An unbeatable location in one of Cape Ann’s most authentic waterfront neighborhoods. Whether you're looking for a serene weekend escape or a year-round residence.
| |||
| Aug 17, 2023 | Withdrawn | - | |
| Withdrawn | |||
| May 17, 2023 | Listed by Churchill Properties | $849,000 | |
| Listed by Churchill Properties | |||
| | |||
|
The best water views from this western facing townhome. Two levels of living, lovely open floor plan for the first floor, with living room, desk area, room enough for a generous dining table. The kitchen has granite counters, hard wood cabinets, new stainless steel refrigerator, electric range, dishwasher, microwave and lots of cabinets for storage. A full bath and laundry is on this level and a nice sized bedroom is on this floor as well. The second floor is a large sun filled room with two sliders out to a large composite deck. The Murphy bed will be left and can give your guests a lovely place to sleep. Bathroom on this level has good sized shower. The closet on this level is very large, with storage under the eaves. This building is non-smoking, non-vaping, in all private units and common areas. Pets are allowed but must be approved by the board.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2025
|
1 Bed
|
1 Bath
|
787 ft²
|
$489,900
1 Bed
1 Bath
787 ft²
|
$460,000
-6.10%
08/22/2025
|
David Billard
Holly C & Co. Fine Homes
| |
|
06/21/2024
|
2 Bed
|
2 Bath
|
1481 ft²
|
$799,000
2 Bed
2 Bath
1481 ft²
|
-
-
|
Jan - Eileen Team
Keller Williams Realty
| |
|
05/17/2023
|
2 Bed
|
2 Bath
|
-
|
$849,000
2 Bed
2 Bath
|
-
-
|
Andrea Osbon
Churchill Properties
| |
|
08/09/2021
| |
2 Bed
|
2 Bath
|
1436 ft²
|
$1,159,000
2 Bed
2 Bath
1436 ft²
|
-
-
|
Julie Smith
Engel & Volkers By The Sea
|
|
03/31/2020
|
2 Bed
|
1 Bath
|
1114 ft²
|
$529,000
2 Bed
1 Bath
1114 ft²
|
$505,000
-4.54%
10/22/2020
|
Martha Anger
Engel & Volkers By The Sea
| |
|
03/31/2020
|
1 Bed
|
1 Bath
|
572 ft²
|
$399,000
1 Bed
1 Bath
572 ft²
|
$355,000
-11.03%
09/11/2020
|
Julie Smith
Engel & Volkers By The Sea
| |
|
09/30/2019
|
2 Bed
|
2 Bath
|
1436 ft²
|
$649,900
2 Bed
2 Bath
1436 ft²
|
$625,000
-3.83%
12/24/2019
|
SeaSide Sellers Team
Holly C & Co. Fine Homes
| |
|
12/12/2018
|
1 Bed
|
1 Bath
|
473 ft²
|
$245,000
1 Bed
1 Bath
473 ft²
|
$235,000
-4.08%
02/08/2019
|
Karin O'Donnell
Holly C & Co. Fine Homes
| |
|
07/05/2018
|
2 Bed
|
1 Bath
|
1114 ft²
|
$399,500
2 Bed
1 Bath
1114 ft²
|
$375,000
-6.13%
09/14/2018
|
Rosemary Quarato
RE/MAX 360
| |
|
07/03/2018
|
1 Bed
|
1 Bath
|
590 ft²
|
$308,000
1 Bed
1 Bath
590 ft²
|
$303,000
-1.62%
10/30/2018
|
Rick Petralia
Churchill Properties
| |
|
11/07/2017
|
2 Bed
|
1 Bath
|
1027 ft²
|
$369,900
2 Bed
1 Bath
1027 ft²
|
$365,000
-1.32%
01/08/2018
|
Karin O'Donnell
Holly C & Co. Fine Homes
| |
|
05/03/2017
|
1 Bed
|
1 Bath
|
787 ft²
|
$299,900
1 Bed
1 Bath
787 ft²
|
$299,900
06/12/2017
|
William Goodwin
Vadala Real Estate
| |
|
05/01/2016
|
1 Bed
|
1 Bath
|
558 ft²
|
$297,000
1 Bed
1 Bath
558 ft²
|
$293,500
-1.18%
08/22/2016
|
Ana & Rick Team
J. Barrett & Company
| |
|
03/01/2016
|
1 Bed
|
1 Bath
|
590 ft²
|
$295,000
1 Bed
1 Bath
590 ft²
|
$283,000
-4.07%
03/24/2016
|
The Rental Team
Hayden Rowe Properties
| |
|
03/19/2012
|
1 Bed
|
1 Bath
|
813 ft²
|
$174,900
1 Bed
1 Bath
813 ft²
|
$165,000
-5.66%
06/08/2012
|
Team Harborside
Harborside Realty
| |
|
01/08/2011
|
1 Bed
|
1 Bath
|
785 ft²
|
$169,900
1 Bed
1 Bath
785 ft²
|
$165,000
-2.88%
05/27/2011
|
Lynda Walsh
Tache Real Estate, Inc.
| |
|
06/04/2010
|
1 Bed
|
1 Bath
|
572 ft²
|
$314,000
1 Bed
1 Bath
572 ft²
|
$295,000
-6.05%
08/16/2010
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
04/15/2009
|
2 Bed
|
1 Bath
|
1129 ft²
|
$249,000
2 Bed
1 Bath
1129 ft²
|
$235,000
-5.62%
03/16/2010
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
04/29/2008
|
2 Bed
|
1 Bath
|
1114 ft²
|
$329,000
2 Bed
1 Bath
1114 ft²
|
$315,000
-4.26%
06/05/2009
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
10/17/2002
|
2 Bed
|
2 Bath
|
1436 ft²
|
$389,000
2 Bed
2 Bath
1436 ft²
|
$370,000
-4.88%
06/26/2003
|
J. Donald Spence
Coldwell Banker Residential Brokerage - Beverly
| |
|
08/08/2002
|
1 Bed
|
1 Bath
|
665 ft²
|
$299,000
1 Bed
1 Bath
665 ft²
|
$299,000
10/01/2002
|
Felicity Grant
Annisquam Village Realty
| |
|
06/26/2002
|
1 Bed
|
1 Bath
|
813 ft²
|
$249,500
1 Bed
1 Bath
813 ft²
|
$245,500
-1.60%
09/06/2002
|
Paul Dalzell
Coldwell Banker Residential Brokerage - Gloucester
| |
|
04/29/2002
|
1 Bed
|
1 Bath
|
473 ft²
|
$195,000
1 Bed
1 Bath
473 ft²
|
$190,000
-2.56%
08/22/2002
|
Kathryn Tully
Century 21 North East
| |
|
02/26/2002
|
2 Bed
|
1 Bath
|
1001 ft²
|
$299,000
2 Bed
1 Bath
1001 ft²
|
$295,000
-1.34%
06/13/2002
|
Mary Brancaleone
Coldwell Banker Residential Brokerage - Gloucester
| |
|
11/10/2001
|
2 Bed
|
2 Bath
|
1287 ft²
|
$279,900
2 Bed
2 Bath
1287 ft²
|
$279,900
01/04/2002
|
Laurie Lee
Carlson GMAC Real Estate
| |
|
06/26/2001
|
1 Bed
|
1 Bath
|
558 ft²
|
$189,900
1 Bed
1 Bath
558 ft²
|
$182,000
-4.16%
08/31/2001
|
Deborah Broderick
Carlson GMAC Real Estate
| |
|
05/18/2001
|
2 Bed
|
1 Bath
|
1027 ft²
|
$204,000
2 Bed
1 Bath
1027 ft²
|
$199,000
-2.45%
09/20/2001
|
Kathryn Tully
Century 21 North East
| |
|
05/08/2000
|
1 Bed
|
1 Bath
|
590 ft²
|
$177,000
1 Bed
1 Bath
590 ft²
|
$178,000
+0.56%
06/29/2000
|
Kathryn Tully
Century 21 North East
| |
|
03/02/2000
|
2 Bed
|
1 Bath
|
1001 ft²
|
$189,000
2 Bed
1 Bath
1001 ft²
|
$194,000
+2.65%
05/01/2000
|
Kathryn Tully
Century 21 North East
| |
|
04/06/1999
|
1 Bed
|
1 Bath
|
-
|
$149,500
1 Bed
1 Bath
|
$146,000
-2.34%
06/01/1999
|
Janet Johnson
Conway - Hingham
| |
|
01/14/1999
|
2 Bed
|
2 Bath
|
1436 ft²
|
$225,000
2 Bed
2 Bath
1436 ft²
|
$220,000
-2.22%
06/07/1999
|
Felicity Grant
Annisquam Village Realty
| |
|
05/11/1998
|
2 Bed
|
1 Bath
|
1017 ft²
|
$139,900
2 Bed
1 Bath
1017 ft²
|
$140,400
+0.36%
09/20/1999
|
Heidi Roberts
Keller Williams Realty Evolution
| |
|
03/03/1998
|
1 Bed
|
1 Bath
|
665 ft²
|
$129,900
1 Bed
1 Bath
665 ft²
|
$118,000
-9.16%
08/18/1998
|
Phyllis Kaplan
Carlson GMAC Real Estate
| |
|
12/10/1997
|
Studio
|
1 Bath
|
813 ft²
|
$72,000
Studio
1 Bath
813 ft²
|
$62,000
-13.89%
04/06/1998
|
Kristina Bengston
Annisquam Village Realty
| |
|
11/20/1997
|
Studio
|
1 Bath
|
473 ft²
|
$95,000
Studio
1 Bath
473 ft²
|
$95,000
06/11/1998
|
Kristina Bengston
Annisquam Village Realty
| |
|
06/23/1996
|
2 Bed
|
1 Bath
|
1400 ft²
|
$168,000
2 Bed
1 Bath
1400 ft²
|
$168,000
10/11/1996
|
Janet Johnson
Conway - Hingham
| |
|
07/24/1992
| |
Loft
|
1 Bath
|
917 ft²
|
$99,900
Loft
1 Bath
917 ft²
|
$95,000
-4.90%
07/01/1996
|
Janet Johnson
Conway - Hingham
|
|
02/20/1990
| |
Loft
|
1 Bath
|
1050 ft²
|
$148,000
Loft
1 Bath
1050 ft²
|
$147,000
-0.68%
06/28/1996
|
Janet Johnson
Conway - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017