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Marblehead 01945
5 Gallison Avenue
$1,050,000
● House - Off Market

5 Gallison Avenue

Marblehead, MA 01945
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,541 Ft²
$2,595,928
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

One of a kind custom designed Contemporary in desireable Goldthwaite neighborhood, quick walk to beach. Open concept design with high quality fixtures and moldings. Offering a gourmet spacious cook's kitchen with large center island open to dining/living room with fireplace, First level master suite with luxurious master bath. Second level offers two bedroom, office, and storage. Finished basement and great storage. Two car garage and large driveway. Security, sprinklers, and central A/C.
Unit Size
2,541 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$472
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
2006

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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 #71228830)

Price History

Date / Event Date Event Price
Dec 15, 2011 Sold
Premium
Sold
May 8, 2011 Listed by William Raveis R.E. & Home Services $1,199,000
Listed by William Raveis R.E. & Home Services
Apr 22, 2005 Sold
Premium
Sold
Jun 18, 2004 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,245
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,065
  • Total Building Area: 2,541
  • Gross Building Area: 5,421
  • Building Area: 2,541
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,541
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREYSTONE HEIGHTS
  • Land Acres: 0000000162
  • 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:0009 L:0
  • Block: 9
  • Municipality: MARBLEHEAD
  • Latitude: 42.4892
  • Longitude: -70.8651

    Address

  • Full Address: 5 Gallison Ave
  • Address - House Number: 5
  • 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: $1,471,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,612,584
  • High Value: 1,885,151
  • Low Value: 1,340,017

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,641,700
  • Assessed Land Value: $977,800
  • Assessed Improvements Value: $663,900

    Sales

  • Current Sale Recording Date: Dec 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Amount: $520,000
  • 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:

$960,000

Sale Price/ft²

$547

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2924 ft²

Average Home Age

95 years

Currently For Sale

38 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 months ago
Data Source: MLS PIN, MLS# 71228830

Frequently Asked Questions

When was property at 5 Gallison Avenue built and last sold?
The property at 5 Gallison Avenue was built in 2006 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 5 Gallison Avenue is $1,210,815.
What are some comparable homes to 5 Gallison Avenue?
There are currently no comparable homes to 5 Gallison Avenue.
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