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Marblehead 01945
1 Gallison Ave
Photo of 1 Gallison Ave
Sold on Mar 30, 2007

1

Map

$650,000
● House - Off Market

1 Gallison Ave

Marblehead, MA 01945
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,288 Ft²
$1,319,408
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

Gateway to Goldthwait. Four bedroom center-entrance colonial featuring a chef's kitchen with stainless steel Wolf stove/Broan hood, granite counters with center island, Bosch convection oven and dishwasher, custom cherry cabinetry and wine refrigerator. Formal dining room, large living room with fireplace, family room, updated baths, hardwood floors throughout, and 1-car garage. Amazing finished basement with private home office, playroom, laundry room, workshop and walk-in wine refrigerator.
Unit Size
2,288 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$306
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1936

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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 months ago (MLSPIN #70421529)

Price History

Date / Event Date Event Price
Mar 30, 2007 Sold
Premium
Sold
Jul 11, 2006 Listed $699,000
Listed
Aug 24, 2000 Sold
Premium
Sold
Jul 6, 2000 Listed $389,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,073
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,850
  • Total Building Area: 2,509
  • Gross Building Area: 4,510
  • Building Area: 2,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,509
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREYSTONE HEIGHTS
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Marblehead School District
  • School Tax School District: MARBLEHEAD SD
  • Census Tract: 203100

Zoning

  • Zoning: SR

Geography

  • District: 168
  • Parcel: MARB M:0064 B:0010 L:0
  • Block: 10
  • Municipality: MARBLEHEAD
  • Latitude: 42.4893
  • Longitude: -70.8653

    Address

  • Full Address: 1 Gallison Ave
  • Address - House Number: 1
  • Address - Street Name: Gallison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Marblehead
  • Carrier Code: C015
  • 4-Digit Zip Code: 2803
  • Zip Code: 01945

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $821,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,053,375
  • High Value: 1,233,826
  • Low Value: 872,924

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $916,900
  • Assessed Land Value: $471,900
  • Assessed Improvements Value: $445,000

    Sales

  • Current Sale Recording Date: Mar 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 24, 2000
  • Previous Sale Amount: $389,000
  • 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 Marblehead

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$550

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2897 ft²

Average Home Age

93.6 years

Currently For Sale

42 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70421529

Frequently Asked Questions

When was property at 1 Gallison Avenue built and last sold?
The property at 1 Gallison Avenue was built in 1936 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 1 Gallison Avenue is $722,845.
What are some comparable homes to 1 Gallison Avenue?
There are currently no comparable homes to 1 Gallison Avenue.
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