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Useless sold by Merle Wood

On January 27th I noted that John Cohen of Merle Wood & Associates had reduced the price of Mangusta's 30.4m Useless _by $500,000 to a new asking price of $2.495 million. And now John writes in to say that she's just been sold in an in-house deal. Built by Overmarine in 1995 to ABS class and refitted in 2006, _Useless sleeps eight guests in a master, double and two twins and has a range of 450 nautical miles at her cruising speed of 27 knots.

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