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Essex 01983
11 Ledgewood Circle
$500,000
● House - Off Market

11 Ledgewood Circle

Topsfield, MA 01983
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,430 Ft²
$933,169
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Located in a cul-de-sac neighborhood, this charming 5 bedroom Colonial offers two master bedroom suite options. The first level has a family room with a vaulted ceiling, a fireplace and is open to the kitchen. There's also a formal dining room and living room, the newly added master suite has an adjacent laundry area. The second level offers four nicely proportined bedrooms including a second master with bath. Another feature of this wondereful home is an oversized screened porch. The two car attached garage has room for a workshop and storage. Convenient to major commuting routes, Bradley Palmer Park with it's walking, running and riding trails and the Ipswich train station. Lastly, it is in the sought after Masconomet School District.
Unit Size
2,430 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$210
Property Type
House
Property Taxes
$579
HOA Dues
-
Year Built
1968

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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 #71749385)

Price History

Date / Event Date Event Price
Nov 21, 2014 Sold
Premium
Sold
Sep 26, 2014 Listed by Keller Williams Realty $510,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,443
  • Total Building Area: 2,430
  • Gross Building Area: 4,131
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEDGEWOOD CIRCLE
  • Land Acres: 0000000951
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: IRA

Geography

  • Account Number: 803
  • Parcel: TOPS M:0020 B:0014 L:
  • Block: 14
  • Municipality: TOPSFIELD
  • Latitude: 42.6554
  • Longitude: -70.9236

    Address

  • Full Address: 11 Ledgewood Cir
  • Address - House Number: 11
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1526
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,174,000

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 882,241
  • High Value: 1,034,089
  • Low Value: 730,393

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $799,200
  • Assessed Land Value: $350,900
  • Assessed Improvements Value: $448,300

    Sales

  • Current Sale Recording Date: Nov 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112100291
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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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# 71749385

Frequently Asked Questions

When was property at 11 Ledgewood Circle built and last sold?
The property at 11 Ledgewood Circle was built in 1968 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 11 Ledgewood Circle is $515,313.
What are some comparable homes to 11 Ledgewood Circle?
There are currently no comparable homes to 11 Ledgewood Circle.
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