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Topsfield 01983
185 Central Street
$440,000
● House - Off Market

185 Central Street

Topsfield, MA 01983
bedrooms
2 Beds
bathrooms
1 Bath
square feet
725 Ft²
$574,208
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Home Sweet Home, Move in and enjoy the peace and quiet this large lot of land has to offer.  A cozy 2 bedroom, 1 Bath Ranch, finished room in basement extra 300sq ft, on large flat lot of land in a quiet neighborhood.  Expansion Opportunities.  Convenient to all major highways and a quick car ride to Boston or surrounding cities/towns.  Enjoy the peace and privacy this home has to offer. Plenty of off street parking.  Follow all Covid Precautions! Masks required at all times! Please call for showing appointment.
Unit Size
725 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$619
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72734063)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 29, 2020 Listed by Keller Williams Realty Evolution $449,000
Listed by Keller Williams Realty Evolution
May 3, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
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: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 250
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,478
  • Total Building Area: 725
  • Gross Building Area: 1,777
  • Building Area: 725
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 725
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000906
  • 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: 2078
  • Parcel: TOPS M:0049 B:0071 L:
  • Block: 71
  • Municipality: TOPSFIELD
  • Latitude: 42.6303
  • Longitude: -70.9404

    Address

  • Full Address: 185 Central St
  • Address - House Number: 185
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2207
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $690,700

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 569,745
  • High Value: 663,317
  • Low Value: 476,174

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $470,200
  • Assessed Land Value: $331,700
  • Assessed Improvements Value: $138,500

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201120006730
  • Previous Sale Recording Date: May 03, 2005
  • Previous Sale Amount: $300,000
  • 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:

$841,950

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

54

Average Home Size

4659 ft²

Average Home Age

84.6 years

Currently For Sale

5 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 years ago
Data Source: MLS PIN, MLS# 72734063

Frequently Asked Questions

When was property at 185 Central Street built and last sold?
The property at 185 Central Street was built in 1950 and last sold on Nov 17, 2020 for $440,000.
How much is this home worth?
The estimated value of the home located at 185 Central Street is $0.
What are some comparable homes to 185 Central Street?
There are currently no comparable homes to 185 Central Street.
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