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Essex 01983
15 Johns Ln
Photo of 15 Johns Ln
Sold on Apr 2, 2025

41

Map

Photo of 15 Johns Ln
Photo of 15 Johns Ln
$800,000
● House - Off Market

15 Johns Ln

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,948 Ft²
$4,904
Est. Monthly
3.34%
Cap Rate

About This Property

Nestled on a serene 2.14-acre lot in Topsfield, this charming 1,948 sq ft ranch-style home offers 3 spacious bedrooms and 2 full baths. Built in 1973, the residence features a welcoming single-story layout with a full basement. The interior boasts a blend of hardwood and slate flooring, complemented by central cooling and baseboard oil heating for year-round comfort. The attached garage and additional off-street parking provide ample space for vehicles. Enjoy the tranquility of the expansive yard, perfect for outdoor activities and relaxation. Conveniently located near top-rated schools, including Proctor Elementary and Masconomet Regional Middle and High Schools, this home combines comfort with accessibility.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
2.14 acres
Price per sqft
$411
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1973

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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 #73338726)

Price History

Date / Event Date Event Price
Apr 2, 2025 Sold
Premium
Sold
Mar 12, 2025 In contract -
In contract
Mar 5, 2025 Listed by Keller Williams Realty Evolution $800,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 93,218
  • Total Building Area: 1,948
  • Gross Building Area: 3,862
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: ORA

Geography

  • Account Number: 2124
  • Parcel: TOPS M:0068 B:0043 L:
  • Block: 43
  • Municipality: TOPSFIELD
  • Latitude: 42.6142
  • Longitude: -70.9647

    Address

  • Full Address: 15 Johns Ln
  • Address - House Number: 15
  • Address - Street Name: Johns
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2405
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,127,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1158
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 87
  • Final Value: 863,699
  • High Value: 963,740
  • Low Value: 763,657

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $767,500
  • Assessed Land Value: $415,900
  • Assessed Improvements Value: $351,600
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 73338726

Frequently Asked Questions

When was property at 15 Johns Lane built and last sold?
The property at 15 Johns Lane was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Johns Lane is $0.
What are some comparable homes to 15 Johns Lane?
There are currently no comparable homes to 15 Johns Lane.
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