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It's practically a steal
By adamg on Thu, 08/27/2015 - 5:58pm
It's a good thing Adam Castaglioni didn't have his checkbook with him on a visit to a Charlestown marina today.
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Comments
property taxes
No real estate taxes on this baby! I think?
Dock fees probably cost more
Not sure what Constitution charges, but some of the marinas in Boston are over $300 a foot.
You can check the listing here:
http://www.northropandjohnson.com/yachts-for-sale/1392-two/
BTW this is chump change compared to what docks at Yacht Haven
Just some of the yachts docked there over the past couple of months.
https://www.youtube.com/watch?v=xM7Mw8KI2kw
https://www.youtube.com/watch?v=euPv8-WfVHg
Maybe because it's not real estate
Maybe because it's not real estate.
Just sayin'
Correct that there are no
Correct that there are no real estate taxes, but you will have to pay sales tax (6.25%) upon buying it and an annual excise tax and mooring tax every year thereafter (much like a car). Then there's the non-tax expenses such as marina fees, maintenance (usually estimated as 10% of the purchase price per year), insurance, and on a boat that size, there's probably a couple full-time crew members.
An 80s' Performance By Warwick? It Must Be Solid Gold!
That's John Kerry's
dinggy.
Nope
Kerry's yacht has a raked stern.
This yacht has a reverse transom.