For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
4 Gales Point Road
$4,000,000
● House - Off Market

4 Gales Point Road

Manchester, MA 01944
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
4,300 Ft²
$15,430,686
RealtyHop Estimate
267.40%
Since Nov 1, 1998
MA-Boston
Primary Model

About This Property

OVER 600' OF DIRECT OCEAN FRONTAGE ALONG THE ATLANTIC WITH VIEWS OF THE MISERY ISLANDS AND BEYOND TO THE BOSTON SKYLINE THIS DRAMATIC GALES POINT ESTATE FEATURES A TENNIS COURT, HEATED INDOOR SWIMMING POOL, AND NATURAL OCEAN ROCK POOL.
Unit Size
4,300 Ft²
Days on Market
-
Land Size
2.60 acres
Price per sqft
$977
Property Type
House
Property Taxes
$1,525
HOA Dues
-
Year Built
1900

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #30184999)

Price History

Date / Event Date Event Price
Oct 19, 2001 Sold
Premium
Sold
Oct 22, 1998 Sold
Premium
Sold
Sep 16, 1997 Listed by Churchill Properties $4,200,000
Listed by Churchill Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 3,956
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 109,732
  • Total Building Area: 4,312
  • Gross Building Area: 11,912
  • Building Area: 4,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND MANCHESTER-BY-SEA
  • Land Acres: 0000002519
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Manchester Essex Regional School District
  • School Tax School District: MANCHSTR ESSEX
  • Census Tract: 218100

Zoning

  • Zoning: E

Geography

  • District: 166
  • Parcel: MANC M:0020 B:0000 L:0022
  • Lot: 22
  • Municipality: MANCHESTER
  • Latitude: 42.56
  • Longitude: -70.7752

    Address

  • Full Address: 4 Gales Point Rd
  • Address - House Number: 4
  • Address - Street Name: Gales Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Manchester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1443
  • Zip Code: 01944

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,963,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,378,200
  • Assessed Land Value: $4,520,400
  • Assessed Improvements Value: $1,857,800

    Sales

  • Current Sale Recording Date: May 13, 2010
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 19, 2001
  • Previous Sale Amount: $120,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2548 ft²

Average Home Age

72.1 years

Currently For Sale

1451 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30184999

Frequently Asked Questions

When was property at 4 Gales Point Road built and last sold?
The property at 4 Gales Point Road was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Gales Point Road is $0.
What are some comparable homes to 4 Gales Point Road?
There are currently no comparable homes to 4 Gales Point Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Manchester-by-the-Sea Homes for Sale
Manchester-by-the-Sea Houses for Sale
Manchester-by-the-Sea Condos for Sale
Manchester-by-the-Sea Multifamily for Sale
Manchester-by-the-Sea Land for Sale
Manchester-by-the-Sea Commercial for Sale
Manchester-by-the-Sea Homes with Basements
Manchester-by-the-Sea Homes with Pools
Nearby Cities
Salem Homes for Sale
Beverly Homes for Sale
Gloucester Homes for Sale
Marblehead Homes for Sale
Swampscott Homes for Sale
Rockport Homes for Sale
Ipswich Homes for Sale
Essex Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Norfolk County, MA Property Records
Plymouth County, MA Property Records
Hillsborough County, NH Property Records
Strafford County, NH Property Records
Neighborhoods
Salem Neck Real Estate
North Salem Real Estate
Downtown Salem Real Estate
Federal Street Real Estate
Nearby Counties
Salem Homes for Sale
Beverly Homes for Sale
Gloucester Homes for Sale
Marblehead Homes for Sale
Swampscott Homes for Sale
Ipswich Homes for Sale
Hamilton Homes for Sale
Wenham Homes for Sale
Top Real Estate Agents
Top Agents in Manchester-by-the-Sea
Top Agents in Salem
Top Agents in Salem
Top Agents in 01970
Top Agents in Beverly
Top Agents in Beverly
Top Agents in 01915
Top Agents in Gloucester