$295,000
●
Condo -
Off Market
5 Pirates Lane #5
Gloucester, MA 01930
1 Bed
1 Bath
572 Ft²
$674,576
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model
About This Property
VIEWS! VIEWS! This custom interior designed condo, located on
Smith's Cove in East Gloucester, has cathedral ceilings, amazing
amounts of direct light and tremendous charm. Relax, sit on
your deck and watch the boat traffic go by. Fenced in yard
with gardens & plenty of parking. Walking to Rocky Neck art
gallaries, shops, beaches & restaurants - What a location!
Unit Size
572 Ft²
Days on Market
-
Land Size
-
Price per sqft
$549
Property Type
Condo
Property Taxes
$183
HOA Dues
$250
Year Built
1890
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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: 4 years ago (MLSPIN #71090547)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by Barrett Sotheby's International Realty | $399,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| | |||
|
Sunny and bright, all windows in this waterfront condo offer stunning views of Gloucester Harbor, Smith's Cove and the breakwater. Let the days roll by as you enjoy the hustle and bustle of Gloucester's working harbor from the comforts of your own private deck. This picture prefect unit has refinished hardwood floors throughout, an updated bath, galley kitchen with newly installed counter tops and sink, stainless appliances and in-unit laundry. Other amenities include two parking spaces, a common fenced in backyard, and a storage unit in the basement. The location is ideal- walk to Historic Rocky Neck, art galleries, marinas, Niles beach, Gloucester Stage Company and fantastic restaurants. Good Harbor beach and Bass Rocks Gold Club are just minutes away. Enjoy seaside living year round or delight in a weekend getaway. Either way, summer is the best time to be in Gloucester! See COVID-19 Disclaimer- contact Agent for details.
| |||
| Aug 16, 2010 | Sold | ||
| Sold | |||
| Jun 4, 2010 | Listed by Advisors Living - Gloucester | $314,000 | |
| Listed by Advisors Living - Gloucester | |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 1
Flooring Type: Wood
Rooms: 3
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Pirate's Lane
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: M1
Parcel Number: 4126684
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 63
Tax Assessed Value: $209,200
Tax Annual Amount: $2,195
Utilities Details
Cooling Type: None
Heating Type: Electric
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $250
Community Features: Public Transportation, Shopping
Pets Allowed: Yes
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
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
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Address: 335 Madison Avenue, New York, NY 10017