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Essex
107 Topsfield Road
$365,000
● House - Off Market

107 Topsfield Road

Wenham, MA 01984
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$570,803
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

This FANTASTIC Ranch has been totally renovated from the studs out. NEW, NEW,NEW! Eat in Kitchen with granite counter tops, stainless appliances, exposed brick..SO NICE. The living room has a wood burning fireplace, hardwood floors and lots of natural lighting...There are two good sized bedrooms with wood floors and plenty of closet space. The laundry hookup is on the main living level. All utilities have been updated. New plumbing, wiring, heating and central AC. The property has been completely insulated with high energy efficient spray foam insulation. NEW ROOF, NEW SEPTIC.There's plenty of parking and easy access to major routes.
Unit Size
840 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$435
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (MLSPIN #72207171)

Price History

Date / Event Date Event Price
Dec 8, 2017 Sold
Premium
Sold
Aug 1, 2017 Listed by Churchill Properties $365,000
Listed by Churchill Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 588
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,958
  • Total Building Area: 840
  • Gross Building Area: 1,442
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 840
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001078
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 970
  • Parcel: WENH M:25 L:2
  • Lot: 2
  • Municipality: WENHAM
  • Latitude: 42.6002
  • Longitude: -70.9118

    Address

  • Full Address: 107 Topsfield Rd
  • Address - House Number: 107
  • Address - Street Name: Topsfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1940
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,060,800

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 711,996
  • High Value: 833,975
  • Low Value: 590,018

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,400
  • Assessed Land Value: $440,500
  • Assessed Improvements Value: $170,900

    Sales

  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171208004810
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: O
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

2469 ft²

Average Home Age

72.3 years

Currently For Sale

1388 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72207171

Frequently Asked Questions

When was property at 107 Tops Field Road built and last sold?
The property at 107 Tops Field Road was built in 1954 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 107 Tops Field Road is $368,224.
What are some comparable homes to 107 Tops Field Road?
There are currently no comparable homes to 107 Tops Field Road.
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