5 Pirate's Lane #8
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Listed by J. Barrett & Company | $297,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
One-bedroom Harbor-side condominium with stunning panoramic views of Gloucester, Smith Cove and the ocean beyond! Boat Slips at the Harbor! Enjoy a waterfront lifestyle with the blend of ever changing seasonal colors of ocean and sky and the activity of the Gloucester’s working harbor. Centered in desirable East Gloucester, this unit has been completely renovated with the utmost attention in flavor and detail and has wonderful ambiance with gleaming oak floors, high ceilings and open-concept living to kitchen and living room. Enter through eight-foot high French doors to a spacious bedroom. This unit offers granite countertops, cherry cabinets, stainless-steel appliances, wine cooler, a tastefully redesigned tile bath and access to the central attraction, a private deck with sensational vistas. Other amenities included ample parking, storage and laundry. Easy access to shops, restaurants, beaches, Rocky Neck and highway. Relax overlooking Gloucester’s beautiful harbor.
| |||
| Sep 18, 2010 | Listed by North Shore's Gold Coast Realty | $299,000 | |
| Listed by North Shore's Gold Coast Realty | |||
| | |||
|
East Gloucester, Harbor & Ocean Views, Smith's Cove..you are here! Sit out on your private deck and watch and hear all of the sights and sounds of living on the harbor! Restaurants, art galleries, Rocky Neck and the theater are close by. Perfect for vacation getaway or year round enjoyment...this lovely 1 BR, 1 Bath condo has beautiful hardwood floors. Master BR has double closets. Kitchen w/ breakfast bar w/views of harbor. 2 car offstreet parking & laundry room on premises. Pets welcome!
| |||
| Nov 19, 2009 | Listed | $285,000 | |
| Listed | |||
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