Active
92 Days on market
3 Pirmi Ln #1 Gloucester — Photo 1 of 32

3 Pirmi Ln #1 Gloucester — Photo 1 of 32

Recent Drop: $44,000

$729,000
$685,000

$685,000

Investment Analysis — 3 Pirmi Ln #1

Gloucester, MA 01930

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 2.15% cap rate and $14,719/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,283

Style

Condominium

Built

2008

Welcome to 3 Pirmi Lane, Unit 1, where comfort, convenience, and low-maintenance living come together in this beautifully designed new construction condominium. Located within a desirable 55+ community, this sun-filled 2-bedroom, 2-bath home offers an open layout, in-unit laundry, and a bright porch perfect for enjoying warm summer mornings or relaxing evenings. Residents enjoy exceptional amenities including a common gathering room, in-building fitness center, elevator access, and generous private storage. Ideally situated with excellent walkability to nearby shops and services, the property is also just a short drive from Gloucester's beaches, downtown waterfront, restaurants, and cultural attractions. Designed for comfortable everyday living, this residence pairs contemporary finishes and community amenities with a location that keeps the best of Gloucester within easy reach. | NEW CONSTRUCTION, NEW APPLIANCES.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$729,000
Annual Taxes$3,000
HOA Fee$469

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR10

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

29.25 x 15

Closet, Flooring - Hardwood, Cable Hookup, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl First

19.083333333 x 10.916666666

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant

Master Bedroom
Lvl First

24.583333333 x 14.416666666

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl First

13.333333333 x 15.666666666

Bathroom 1
Lvl First

8.333333333 x 9.25

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Lighting - Sconce

Bathroom 2
Lvl First

8.916666666 x 8.666666666

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce

Property History

Price Drop
$685,000

Was $705,000

Sep 8, 2026

MLS® 73535491

Price Drop
$705,000

Was $729,000

Jul 7, 2026

MLS® 73535491

Listed
$729,000

Jun 12, 2026

MLS® 73535491

Listing Provided By

Listing Agent: Amanda Armstrong Group

Listing Office: Compass

MLS® Number: 73535491