60 Gale Road
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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Listed | $1,350,000 | |
| Listed | |||
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Just unpack & enjoy—this turn-key Contemporary home is your perfect retreat for Summertime in Swampscott. Host pool parties, barbecues on the patio, & start your mornings with ocean breezes & coffee on the deck. Nestled in the exclusive Gale Estates, this hidden gem offers a serene escape. Beautifully designed open-concept 1st floor features soaring vaulted ceilings, a cozy fireplace, and a chef’s kitchen perfect for entertaining. The 2nd floor boasts 3 bedrooms, including a serene primary suite with an en-suite bath & glimpses of the ocean. Downstairs, a spacious family room and dedicated home office provide the ideal space for relaxation and productivity. Step outside to your private backyard oasis, complete with a brand-new heated pool—perfect for extending your swim season well beyond summer. Or, take a short stroll to the stunning Eiseman’s Beach—a local gem. In winter, you'll appreciate the convenience of the attached 2-car garage! The NEW elementary & Middle are a walk away!
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| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jun 4, 2019 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $759,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017