For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01983
162 Ipswich Road
$432,000
● House - Off Market

162 Ipswich Road

Topsfield, MA 01983
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,083 Ft²
$557,147
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Beautiful setting to makeover this charming two bedroom, one bathroom cottage! Good bones and wonderful features include large living room picture window with new storm, french doors and wood floors with a lovely sunroom off of it. Spacious kitchen and bedrooms. Amazing coffered ceilings and woodwork offered throughout the home. A large picturesque yard includes 1.85 acres of level land and wooded areas. SO MUCH potential awaits this property!!!
Unit Size
1,083 Ft²
Days on Market
-
Land Size
1.85 acres
Price per sqft
$405
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1950

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: 5 years ago (MLSPIN #72741699)

Price History

Date / Event Date Event Price
Dec 15, 2020 Sold
Premium
Sold
Oct 12, 2020 Listed by Churchill Properties $439,000
Listed by Churchill Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,377
  • Total Building Area: 1,083
  • Gross Building Area: 1,147
  • Building Area: 1,083
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,083
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001845
  • 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: 791
  • Parcel: TOPS M:0019 B:0088 L:
  • Block: 88
  • Municipality: TOPSFIELD
  • Latitude: 42.6522
  • Longitude: -70.9286

    Address

  • Full Address: 162 Ipswich Rd
  • Address - House Number: 162
  • Address - Street Name: Ipswich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1524
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $775,000

    Appraisal Valuation

  • Standard Deviation: 0.2391
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 550,798
  • High Value: 682,515
  • Low Value: 419,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,600
  • Assessed Land Value: $386,000
  • Assessed Improvements Value: $141,600

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201215007920
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

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 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: 5 years ago
Data Source: MLS PIN, MLS# 72741699

Frequently Asked Questions

When was property at 162 Ipswich Road built and last sold?
The property at 162 Ipswich Road was built in 1950 and last sold on Dec 14, 2020 for $432,000.
How much is this home worth?
The estimated value of the home located at 162 Ipswich Road is $443,657.
What are some comparable homes to 162 Ipswich Road?
There are currently no comparable homes to 162 Ipswich Road.
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
Topsfield Homes for Sale
Topsfield Houses for Sale
Topsfield Condos for Sale
Topsfield Co-Ops for Sale
Topsfield Multifamily for Sale
Topsfield Land for Sale
Topsfield Commercial for Sale
Topsfield Homes with Basements
Nearby Cities
Peabody Homes for Sale
Beverly Homes for Sale
Danvers Homes for Sale
Lynnfield Homes for Sale
Ipswich Homes for Sale
Boxford Homes for Sale
Rowley Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Strafford County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Peabody Town Center Real Estate
Salem Neck Real Estate
North Salem Real Estate
Nearby Counties
Peabody Homes for Sale
Beverly Homes for Sale
Danvers Homes for Sale
Ipswich Homes for Sale
Lynnfield Homes for Sale
Boxford Homes for Sale
Middleton Homes for Sale
Georgetown Homes for Sale
Top Real Estate Agents
Top Agents in Topsfield
Top Agents in Peabody
Top Agents in Peabody
Top Agents in 01960
Top Agents in Beverly
Top Agents in Beverly
Top Agents in 01915
Top Agents in 01923