3 Pirmi Lane #5 Gloucester — Photo 1 of 37
Recent Drop: $36,000
$689,000
Investment Analysis — 3 Pirmi Lane #5
Gloucester, MA 01930 — Riverdale
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01930 carries an estimated $2,560/mo in gross rent — about a 2.35% cap rate and $16,216/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,322
Style
Condominium
Built
2008
Welcome to Seasons Condominiums, Gloucester's sought-after 55+ community. Completely renovated and never occupied since completion, this 2-bedroom, 2-bath residence offers the rare opportunity to enjoy the feel of brand-new construction in an established, actively managed building. Sun-filled and spacious, the open floor plan features hardwood flooring, a stunning white kitchen with stone countertops, stainless appliances, and a generous peninsula that flows seamlessly into the dining and living areas. The oversized living room is anchored by an electric fireplace and opens to a private covered balcony. A spacious primary suite with private bath, large guest bedroom, in-unit laundry, central air, elevator access, deeded parking, and additional storage add to the appeal. Residents enjoy a clubroom, fitness room, and a convenient location near Mill Pond, Gloucester Harbor, beaches, shopping, restaurants, and medical facilities. Move right in and enjoy carefree Cape Ann living.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher
Neighborhood
Public Transportation • Tennis Court(s) • Park • Golf • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullFlooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony / Deck
Dining Room
Lvl nullFlooring - Hardwood, Lighting - Pendant
Kitchen
Lvl nullFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Master Bedroom
Lvl nullBathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl nullBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$689,000
Was $710,000
Jul 30, 2026
MLS® 73535637
$710,000
Was $725,000
Jun 30, 2026
MLS® 73535637
$725,000
Jun 13, 2026
MLS® 73535637
Listing Agent: Mcdermott Group
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73535637