$165,000
●
Condo -
Off Market
5 Pirates Lane #1A
Gloucester, MA 01930
1 Bed
1 Bath
813 Ft²
$376,602
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model
About This Property
Great opportunity to enjoy all Gloucester has to offer. This harbor
front property features wonderful open concept living. Walk to
town, Rocky neck, the beaches, restaurants and more. Move up to
this great life style. Short sale requiring third party approval.
Professional negotiator, one lien holder.
Unit Size
813 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$203
HOA Dues
$123
Year Built
1890
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: 6 months ago (MLSPIN #71353429)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2012 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Listed by Harborside Realty | $174,900 | |
| Listed by Harborside Realty | |||
| Sep 6, 2002 | Sold | ||
| Sold | |||
| Jun 26, 2002 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $249,500 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
| | |||
|
WATERFRONT CONDO IN EAST GLOUCESTER NEXT TO ART ASSOCIATION-ONE BEDROOM/ZONED BUSINESS ARTS & CRAFT/IDEAL FOR SMALL BUSINESS, ARTISTS & SCULPTORS.
| |||
Property Highlights
Parking Available
Fireplace
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal
Rooms: 3
Has Fireplace
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 813
Year Built Source: Public Records
Year Built: 1983
Waterfront Features: Waterfront, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: Pirates Lane
Building Area Total: 813
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $199,800
Tax Annual Amount: $2,433
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $123
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017