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Essex 01938
146 Topsfield Rd
$360,000
● House - Off Market

146 Topsfield Rd

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$500,684
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

This is an Estate Sale, seller has never lived in the home, makes no warranties as to condition and will not be making repairs or giving credits for repairs. Built in 1990 this home is mostly original and suitable for a handy buyer, contractor or investor. The roof was done about five years ago and the furnace has paperwork for installation last year.   Floor plan has a nice sized living room, dining room, kitchen, three bedrooms, one bath (tub is a handicap access tub), sunroom and two car garage. Situated on a flat 1/2 acre lot, with above ground pool and shed.  This home sale is subject to license to sell.  Anticipated closing date to be around the end of November. Showings start at the Open House on Sunday September 16th 12-2pm, offers will be reviewed on Tuesday at noon.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$270
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1990

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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: 5 months ago (MLSPIN #72394826)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Sep 13, 2018 Listed by Keller Williams Realty Evolution $329,900
Listed by Keller Williams Realty Evolution
Dec 30, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,224
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,224
  • Gross Building Area: 3,264
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARNER ACRES
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:52D B:0002 L:0
  • Block: 2
  • Municipality: IPSWICH
  • Latitude: 42.6659
  • Longitude: -70.8623

    Address

  • Full Address: 146 Topsfield Rd
  • Address - House Number: 146
  • Address - Street Name: Topsfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Ipswich
  • Carrier Code: R002
  • 4-Digit Zip Code: 1614
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,600

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 599,087
  • High Value: 708,922
  • Low Value: 489,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,200
  • Assessed Land Value: $309,000
  • Assessed Improvements Value: $259,200

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 181130007570
  • Previous Sale Recording Date: Dec 30, 1988
  • Previous Sale Amount: $600,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.2 years

Currently For Sale

1449 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# 72394826

Frequently Asked Questions

When was property at 146 Topsfield Road built and last sold?
The property at 146 Topsfield Road was built in 1990 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 146 Topsfield Road is $344,909.
What are some comparable homes to 146 Topsfield Road?
There are currently no comparable homes to 146 Topsfield Road.
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