9 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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by William Raveis R.E. & Home Services | $1,895,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Arguably the most requested neighborhood in Marblehead. This 5-bedroom 3.5 bath home offers updates throughout.Open floor plan includes Granite, Quartz & Stainless kitchen featuring large center island w/ seating for 4. Comfortable kitchen nook seats 5. Adjoining family room & open-air half wall dining room keep all in touch.Direct access through French Doors to private patio & yard invites outdoor dining. Expansive fireplaced living room w/ gleaming hardwoods is great for a large sectional to watch the game.Spacious radiant heated mud-room entry w/multiple closets & cubbies. Luxurious Primary Suite is spacious w/ vaulted ceilings, 2 walk in closets, spa soaking tub, glass/tile enclosed shower, double vanity & tile flooring. 2nd en-suite bedroom w/ full bath is great for guests. 3 additional 2nd floor bedrooms.Lower level features a fabulous multi-purpose newly finished area & great storage.Central A/C. Driveway for 4 cars. Seaside neighborhood. Walk to schools, beaches, harbor & town
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by William Raveis R.E. & Home Services | $1,350,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017