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Topsfield 01983
127 Main Street
$430,000
● House - Off Market

127 Main Street

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$463,262
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Charming Antique Farmhouse w/  Nice Side Porch & Barn all on a level 1/2 acre plus lot.  First floor offers a Sunny Living room w/  a Pretty  Fireplace.  The Dining Room off the Kitchen is a great place to entertain. Bright  Kitchen w/ Corian Counters and door to side yard. All Wood Flooring through - out house.   The first floor Primary Bedroom is ample size with an En Suite.  The Second Floor Offers Two Bedrooms with Wood flooring both ample  size.  A Full Bath is off the Hallway area.  Good size  Hallway area  offers room for a study area. The Level lot has plenty of yard area for the kids and furry friends  to play.  The Barn is great addition  to the property.  Come and take a look.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$413
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1872

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Cap Rate Calculator

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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: 5 months ago (MLSPIN #72997577)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Jun 14, 2022 Listed by Cheever Associates $436,000
Listed by Cheever Associates
Jan 4, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1872
  • Effective Year Built: 1872
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 776
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,710
  • Total Building Area: 1,056
  • Gross Building Area: 2,197
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000659
  • 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: 538
  • Parcel: TOPS M:0025 B:0053 L:
  • Block: 53
  • Municipality: TOPSFIELD
  • Latitude: 42.647
  • Longitude: -70.9495

    Address

  • Full Address: 127 Main St
  • Address - House Number: 127
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1420
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,000
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 467,763
  • High Value: 595,069
  • Low Value: 340,456

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,200
  • Assessed Land Value: $339,500
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221021000320
  • Previous Sale Recording Date: Jan 04, 1996
  • Previous Sale Amount: $159,000
  • 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:

$849,000

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

54

Average Home Size

3560 ft²

Average Home Age

87.1 years

Currently For Sale

7 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: 5 months ago
Data Source: MLS PIN, MLS# 72997577

Frequently Asked Questions

When was property at 127 Main Street built and last sold?
The property at 127 Main Street was built in 1872 and last sold on Oct 20, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 127 Main Street is $437,694.
What are some comparable homes to 127 Main Street?
There are currently no comparable homes to 127 Main Street.
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