2 Gallison Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
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| Mar 15, 2016 | Sold | ||
| Sold | |||
| Jun 18, 2015 | Sold | ||
| Sold | |||
| Nov 24, 2014 | Listed by Sagan Harborside Sotheby's International Realty | $1,895,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Originally built in 1915, this stately turn of the century "home on the hill" is being meticulously restored by Fine Period Homes from the craftsman style red cedar roofing, exterior and bracketed entrys to the period style windows and front columns. Situated on over 1/2 acre of land in the Goldthwait neighborhood, this 4 plus bedroom, 3.5 bathroom home offers today's living throughout. State-of-the art stainless steel and granite eat-in kitchen/family room combination, all new baths, luxurious master bedroom suite, dramatic great room with home theatre features pre-wired. High ceilings and rich hardwoods complement this thoughtful restoration that includes spacious rooms, 3 fireplaces and open floor plan. All new systems, plumbing, wiring, central air-conditioning and multi zone heat. Expansive yard and garden areas with private patio area off the kitchen. Mature trees and classic stone work complete this outstanding residence. Short walk to Gallison Beach and downtown Marblehead.
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| Mar 19, 2014 | Sold | ||
| Sold | |||
| Feb 25, 2014 | Listed by William Raveis R.E. & Home Services | $1,385,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Truly a rare Marblehead offering. This long admired shingle and stone home perched high on an acre of land in the Goldthwait/Greystone area has never before been on the market. High ceilings and hardwood floors throughout this 5 bedroom, 2.5 bath home with both basement and stunning attic space ready to be finished. The kitchen was redesigned in the 90's, new boilers and hot water tank installed 4-5 years ago, radiant heating installed on the first floor, french drain in the basement, infrastructure for 300 amp electric has been installed. This is a unique opportunity to refresh this glorious property and return it to its full grandeur or to utilize the possibility of subdividing into conforming lots. Highest and best use is in the eye of the beholder!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017