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Essex 01952
1 Gaelic Way
$75,000
● Land - Off Market

1 Gaelic Way

Salisbury, MA 01952
bedrooms
Studio
bathrooms
0 Bath
$235,761
RealtyHop Estimate
214.35%
Since Oct 1, 1999
National-US
Primary Model

About This Property

PRICE FOR      ALL SITE WORK AS FOLLOWS TREE CUTTING & STUMPING, EXCAVATION & BACKFILL FOR FOUNDATION, PERIMETER RE4IN, DRIVEWAY, LOAM FOR FRONT YARD, SEPTIC SYSTEM & WATERLINE,  WOULD BE $20,000  TOTAL COST $$115,000
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30263450)

Price History

Date / Event Date Event Price
Dec 2, 2002 Sold
Premium
Sold
May 31, 2000 Sold
Premium
Sold
Feb 18, 2000 Sold
Premium
Sold
Sep 30, 1999 Sold
Premium
Sold
Jul 21, 1999 Listed $259,900
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,622
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,927
  • Total Building Area: 2,670
  • Gross Building Area: 5,352
  • Building Area: 2,670
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,670
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALISBURY
  • Land Acres: 0000001766
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Georgetown School District
  • Census Tract: 267102

Zoning

  • Zoning: R2

Geography

  • Account Number: 328/7
  • Parcel: SALI M:21 P: 63
  • Municipality: SALISBURY
  • Latitude: 42.8507
  • Longitude: -70.8492

    Address

  • Full Address: 1 Gaelic Way
  • Address - House Number: 1
  • Address - Street Name: Gaelic
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 1606
  • Zip Code: 01952

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,400

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 696,795
  • High Value: 807,266
  • Low Value: 586,325

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,300
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $407,800

    Sales

  • Current Sale Recording Date: Dec 02, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 18, 2000
  • Previous Sale Amount: $258,600
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 238 Lafayette, Salisbury, 01950

$1,975 /mo

  • Studio
  • 1 Bath
  • 378 ft²
238 Lafayette #107, Salisbury, 01950 Listing by Patrick Carey
Unit for rent at 21 Collins, Seabrook, 03874

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,328 ft²
21 Collins, Seabrook, 03874 Listing by Gita Ghaemi
Unit for rent at 246 South Main, Seabrook, 03874

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,120 ft²
246 South Main, Seabrook, 03874 Listing by Robert Gilman

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30263450

Frequently Asked Questions

When was property at 1 Gaelic Way built and last sold?
The property at 1 Gaelic Way was built in 1999 and last sold on Jan 1, 1970 for $292,500.
How much is this home worth?
The estimated value of the home located at 1 Gaelic Way is $0.
What are some comparable homes to 1 Gaelic Way?
There are currently no comparable homes to 1 Gaelic Way.
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