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Topsfield 01983
11 Colrain Rd
$530,000
● House - Off Market

11 Colrain Rd

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$687,741
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

This is it.  Fantastic home on terrific cul de sac on the west side of Rt 1, minutes to 95, downtown Topsfield.  This is a well cared for and improved home with beautiful wide pine floors throughout, fireplace LR opens to dining room and kitchen with stainless appliances.  1st floor master!  2 well sized bedrooms on 2nd level and a huge amount of storage.  Lower level is beautifully finished with perimeter drain system.  6 year old windows, heat and hot water systems. Exterior just painted!  Great yard!  Don't let this one get away.OPEN HOUSE BY APP ONLY!  MASKS AND GLOVES PLEASE
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$364
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1982

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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: 4 months ago (MLSPIN #72670510)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Keller Williams Realty $510,000
Listed by Keller Williams Realty
Dec 1, 2008 Sold
Premium
Sold
Jun 29, 2008 Listed by Keller Williams Realty $375,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 336
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,916
  • Total Building Area: 1,372
  • Gross Building Area: 2,448
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOPSFIELD
  • Land Acres: 0000000572
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 214100

Zoning

  • Zoning: CR

Geography

  • Account Number: 1160
  • Parcel: TOPS M:0032 B:0064 L:
  • Block: 64
  • Municipality: TOPSFIELD
  • Latitude: 42.6435
  • Longitude: -70.9555

    Address

  • Full Address: 11 Colrain Rd
  • Address - House Number: 11
  • Address - Street Name: Colrain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1304
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $857,900

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 684,539
  • High Value: 802,878
  • Low Value: 566,199

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,000
  • Assessed Land Value: $336,100
  • Assessed Improvements Value: $247,900

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200731004790
  • Previous Sale Recording Date: Dec 01, 2008
  • Previous Sale Amount: $345,000
  • 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 Topsfield

Stats & Trends

Median Asking:

$841,950

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

54

Average Home Size

4659 ft²

Average Home Age

84.6 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72670510

Frequently Asked Questions

When was property at 11 Colrain Road built and last sold?
The property at 11 Colrain Road was built in 1982 and last sold on Jul 27, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 11 Colrain Road is $508,714.
What are some comparable homes to 11 Colrain Road?
There are currently no comparable homes to 11 Colrain Road.
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