For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex
123 Forest St
Photo of 123 Forest St
Sold on Jan 7, 2026

32

Map

Photo of 123 Forest St
Photo of 123 Forest St
$570,000
● House - Off Market

123 Forest St

Middleton, MA 01949
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$3,578
Est. Monthly
4.42%
Cap Rate

About This Property

Rare opportunity to secure 1.5 acres of land in a prime Middleton location with limited conservation restrictions. This expansive, gently sloping lot abuts conservation land and protected land surrounding the Emerson Brook Reservoir, offering privacy and a unique natural setting. The existing two-bedroom, one-bath home is in good condition, with all systems in working order. The seller has obtained approval for a new six-bedroom septic system, giving buyers added flexibility for renovation or new construction. Whether you're an end user or a developer, the value here is in the land and the potential it provides. Bring your vision and make it your own.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$536
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1926

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 9 months ago (MLSPIN #73383030)

Price History

Date / Event Date Event Price
Jan 7, 2026 Sold
Premium
Sold
Nov 23, 2025 In contract -
In contract
Nov 11, 2025 Relisted $600,000
Relisted
Oct 22, 2025 In contract -
In contract
Sep 12, 2025 Price Decreased $640,000
↓ $45K (6.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 360
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,120
  • Gross Building Area: 1,922
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212102

Zoning

  • Zoning: R1B

Geography

  • Parcel: MIDD M:0016 B:0000 L:0050
  • Lot: 50
  • Municipality: MIDDLETON
  • Latitude: 42.6038
  • Longitude: -71.0392

    Address

  • Full Address: 123 Forest St
  • Address - House Number: 123
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Middleton
  • Carrier Code: R003
  • 4-Digit Zip Code: 1912
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $704,800

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 710,939
  • High Value: 800,110
  • Low Value: 621,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $597,800
  • Assessed Land Value: $312,700
  • Assessed Improvements Value: $285,100

    Sales

  • Current Sale Recording Date: Aug 16, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180816002680
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

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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: 9 months ago
Data Source: MLS PIN, MLS# 73383030

Frequently Asked Questions

When was property at 123 Forest Street built and last sold?
The property at 123 Forest Street was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 123 Forest Street is $0.
What are some comparable homes to 123 Forest Street?
There are currently no comparable homes to 123 Forest Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Middleton Homes for Sale
Middleton Houses for Sale
Middleton Condos for Sale
Middleton Multifamily for Sale
Middleton Land for Sale
Middleton Commercial for Sale
Middleton Homes with Basements
Middleton Homes with Pools
Nearby Cities
Peabody Homes for Sale
Woburn Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Reading Homes for Sale
Lynnfield Homes for Sale
Andover Homes for Sale
Boxford Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Middlesex County, MA Property Records
Suffolk County, MA Property Records
Rockingham County, NH Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Worcester County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Peabody Town Center Real Estate
Salem Neck Real Estate
Prospect Hill - Back Bay Real Estate
North Salem Real Estate
South Common Real Estate
North Woburn Real Estate
Downtown Salem Real Estate
Mishawum Real Estate
Nearby Counties
Peabody Homes for Sale
North Andover Homes for Sale
Woburn Homes for Sale
Wakefield Homes for Sale
Danvers Homes for Sale
Reading Homes for Sale
North Reading Homes for Sale
Lynnfield Homes for Sale
Top Real Estate Agents
Top Agents in Middleton
Top Agents in 01970
Top Agents in Peabody
Top Agents in Peabody
Top Agents in 01960
Top Agents in North Andover
Top Agents in Woburn
Top Agents in Woburn