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Swampscott 01907
61-69 Gale Road
$987,500
● House - Off Market

61-69 Gale Road

Swampscott, MA 01907
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,021 Ft²
$2,084,900
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Located in one of Swampscott's most desirable neighborhoods, this pristine 5 bedroom Colonial has been beautifully and tastefully updated. Two professionally landscaped lots combine to provide ample space and privacy with mature plantings and peeks of the ocean from the back deck. Features include an elegant, fireplaced living room with adjacent dining room, perfect for large gatherings. A comfortable family room with built-ins, cathedral ceiling and sliding door access to the yard. The gourmet kitchen has a marble topped island and all top of the line appliances. 4 spacious bedrooms including a master suite, 3 full baths and a convenient laundry room complete the second level. Includes central AC and attached 2 car garage.
Unit Size
4,021 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$286
Property Type
House
Property Taxes
$1,122
HOA Dues
-
Year Built
-

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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: 5 months ago (MLSPIN #71636473)

Price History

Date / Event Date Event Price
Jul 25, 2014 Sold
Premium
Sold
Feb 24, 2014 Listed by J. Barrett & Company $1,150,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,850
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SWAMPSCOTT
  • Land Acres: 0000000295
  • Standard Land Use Code: 8012
  • County Land Use Code: 132

Neighborhood

  • School District Name: Swampscott School District
  • School Tax School District: SWAMPSCOTT SD
  • Census Tract: 202200

Zoning

  • Zoning: A1

Geography

  • Parcel: SWAM M:0035 B:0008 L:0
  • Block: 8
  • Municipality: SWAMPSCOTT
  • Latitude: 42.4643
  • Longitude: -70.8929

    Address

  • Full Address: 61 Gale Rd
  • Address - House Number: 61
  • Address - Street Name: Gale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Swampscott
  • Carrier Code: C011
  • 4-Digit Zip Code: 2809
  • Zip Code: 01907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,500
  • Assessed Land Value: $115,500

    Sales

  • Current Sale Recording Date: Jul 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72500285
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 Swampscott

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$433

Below Asking

0.03%

Average Days on Market

59

Average Home Size

3030 ft²

Average Home Age

85 years

Currently For Sale

46 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: 5 months ago
Data Source: MLS PIN, MLS# 71636473

Frequently Asked Questions

When was property at 61 Gale Road built and last sold?
The property at 61 Gale Road was built in and last sold on Jan 1, 1970 for $987,500.
How much is this home worth?
The estimated value of the home located at 61 Gale Road is $1,148,970.
What are some comparable homes to 61 Gale Road?
There are currently no comparable homes to 61 Gale Road.
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