5 Pirates Lane #3
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 22, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by William Raveis R.E. & Home Services | $529,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Enjoy sunset views over Smith Cove and Gloucester’s Inner Harbor from your private deck at this meticulously renovated unit in the desirable Pirates Lane Condominium complex. Built in 1890, the building is steeped in charm and has been safe haven to boaters, artists, weekenders and full-time residents alike. Situated between the North Shore Art Association and Duckworth’s restaurant and adjacent to several local marinas, this location is prime and has plenty to offer. Good Harbor Beach is just over one mile away and Niles Beach is even closer, while the Gloucester Stage Company and Rocky Neck are a half mile down the road. This first floor, one level condo is one of the larger sized units in the building and was renovated down to the studs in 2018. Boasting Hickory floors, built-ins, gas fireplace, quartz countertops/backsplash, double vanity, in-unit laundry, walk-in closets, storage unit, mini split in the master bedroom and parking for two cars, this unit is a showstopper.
| |||
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Jul 5, 2018 | Listed by Coldwell Banker Realty - Beverly | $399,500 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| | |||
|
On the Harbor and Smith Cove in East Gloucester. Spacious one-level living Condo with 2 bedrooms,1 bath in a historic building near marinas, galleries, and restaurants. High ceilings and custom built-ins surround the gas fireplace. All appliances are included with the condo. New windows, beautiful hickory floors, great storage, new building roof, pet friendly with fenced backyard, and professional management company. Condo fee includes hot water. You are minutes away from Gloucester Stage, Good Harbor Beach, Niles Beach and Rocky Neck Art Colony. The North Shore Art Association is right next-door. Sit on the deck and enjoy the comings and goings of the harbor and the wonderful sun sets. People come from all over the world to spend time in Gloucester. Now you can live here!
| |||
| Jun 5, 2009 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/17/2024
|
2 Bed
|
2 Bath
|
1436 ft²
|
$849,000
2 Bed
2 Bath
1436 ft²
|
$835,000
-1.65%
06/03/2024
|
Hilary Dunlavey
Compass
| |
|
03/16/2021
|
2 Bed
|
1 Bath
|
1027 ft²
|
$370,000
2 Bed
1 Bath
1027 ft²
|
$400,000
+8.11%
05/14/2021
|
Karen Bernier
Churchill Properties
| |
|
10/22/2020
|
2 Bed
|
1 Bath
|
1001 ft²
|
$399,000
2 Bed
1 Bath
1001 ft²
|
$460,100
+15.31%
01/28/2021
|
Hannah Barker
LandVest, Inc., Ipswich
| |
|
07/23/2020
|
2 Bed
|
1 Bath
|
1012 ft²
|
$394,999
2 Bed
1 Bath
1012 ft²
|
$377,000
-4.56%
11/12/2020
|
Jonathan Mathews
Keller Williams Realty Boston-Metro | Back Bay
| |
|
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
|
|
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 Gamble 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
|
Harkins Team
Lamacchia Realty, Inc.
| |
|
08/01/2018
|
2 Bed
|
1 Bath
|
852 ft²
|
$380,000
2 Bed
1 Bath
852 ft²
|
$359,500
-5.39%
11/08/2018
|
Mark Pitzi
Coldwell Banker Realty - Beverly
| |
|
07/05/2018
|
2 Bed
|
1 Bath
|
1114 ft²
|
$399,500
2 Bed
1 Bath
1114 ft²
|
$375,000
-6.13%
09/14/2018
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
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
| |
|
04/05/2018
|
2 Bed
|
1 Bath
|
1012 ft²
|
$389,900
2 Bed
1 Bath
1012 ft²
|
$375,000
-3.82%
06/01/2018
|
Mark Pitzi
Coldwell Banker Realty - Beverly
| |
|
12/03/2017
|
2 Bed
|
2 Bath
|
1481 ft²
|
$610,000
2 Bed
2 Bath
1481 ft²
|
$610,000
12/29/2017
|
Jan - Eileen Team
Keller Williams Realty
| |
|
12/03/2017
|
2 Bed
|
1 Bath
|
1001 ft²
|
$410,000
2 Bed
1 Bath
1001 ft²
|
$410,000
12/29/2017
|
Jan - Eileen Team
Keller Williams Realty Evolution
| |
|
11/07/2017
|
2 Bed
|
1 Bath
|
1027 ft²
|
$369,900
2 Bed
1 Bath
1027 ft²
|
$365,000
-1.32%
01/08/2018
|
Karen Bernier
Churchill Properties
| |
|
05/03/2017
|
1 Bed
|
1 Bath
|
787 ft²
|
$299,900
1 Bed
1 Bath
787 ft²
|
$299,900
06/12/2017
|
Karin O'Donnell
Holly C & Co. Fine Homes
| |
|
05/04/2016
|
2 Bed
|
1 Bath
|
1001 ft²
|
$399,995
2 Bed
1 Bath
1001 ft²
|
$399,500
-0.12%
06/09/2016
|
Jan - Eileen Team
Keller Williams Realty
| |
|
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
|
Non Member
State Wide MLS of Rhode Island
| |
|
09/10/2015
|
1 Bed
|
1 Bath
|
665 ft²
|
$335,000
1 Bed
1 Bath
665 ft²
|
$300,000
-10.45%
10/19/2015
|
Patricia McCormick
J. Barrett & Company
| |
|
05/04/2014
|
1 Bed
|
1 Bath
|
590 ft²
|
$289,000
1 Bed
1 Bath
590 ft²
|
$265,000
-8.30%
07/29/2014
|
Jan Pellegrini
Keller Williams Realty Evolution
| |
|
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
Sagan Harborside Sotheby's International Realty
| |
|
09/18/2010
|
1 Bed
|
1 Bath
|
558 ft²
|
$299,000
1 Bed
1 Bath
558 ft²
|
-
-
|
Lane Team
North Shore's Gold Coast Realty
| |
|
06/16/2010
|
1 Bed
|
1 Bath
|
785 ft²
|
$175,000
1 Bed
1 Bath
785 ft²
|
-
-
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
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
| |
|
11/19/2009
|
1 Bed
|
1 Bath
|
558 ft²
|
$285,000
1 Bed
1 Bath
558 ft²
|
-
-
|
Ginger Attaya
Advisors Living - Gloucester
| |
|
10/09/2009
|
1 Bed
|
1 Bath
|
590 ft²
|
$299,000
1 Bed
1 Bath
590 ft²
|
-
-
|
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
| |
|
09/10/2008
|
2 Bed
|
1 Bath
|
1001 ft²
|
$349,000
2 Bed
1 Bath
1001 ft²
|
$345,000
-1.15%
10/20/2008
|
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
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017