1
Map
$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: 2 years ago (MLSPIN #71090547)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by Engel & Volkers By the Sea | $399,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
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 | $314,000 | |
| Listed | |||
| Jun 1, 1999 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Flooring Type: Wood
Rooms: 3
Basement: Y
Exterior Details
Square Footage: 572
Architectural Style: Other (See Remarks)
Year Built Source: Public Records
Year Built: 1890
Waterfront Features: Harbor, Ocean, 1 to 2 Mile To Beach
Building Name: Pirate's Lane
Building Area Total: 572
Building Area Units: Square Feet
Lot Size Units: Acres
Tax Lot: 54
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, Maintenance Grounds, Snow Removal, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $250
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017