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Topsfield 01983
205 Central Street
$535,000
● House - Off Market

205 Central Street

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,772 Ft²
$751,156
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Don't miss out on this gorgeous 7 room, 3 bedroom, 1.5 bath home, offering a spacious and versatile open floor plan! The designer kitchen featuring beautiful ceramic tile floors, granite countertops and a large breakfast bar/island opens to both the dining room and the huge double family/livingroom with vaulted ceilings and a wood stove making this the perfect space for entertaining family and friends. This level also offers master bedroom with en suite half bath, 2 guest bedrooms and full bath. Glass sliders open onto your expansive deck overlooking  2 acres of beautiful, manicured lawns, an above ground pool and storage shed.  The lower level, with an office, laundry and storage has great potential and leads into the garage. Build your dream space in the unfinished attic.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
2.09 acres
Price per sqft
$296
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #72500019)

Price History

Date / Event Date Event Price
Sep 13, 2019 Sold
Premium
Sold
May 15, 2019 Listed by MerryFox Realty $525,000
Listed by MerryFox Realty
May 30, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 1,088
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,040
  • Total Building Area: 1,772
  • Gross Building Area: 3,668
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARTITION CTRL & HIGH STS TOPS
  • Land Acres: 0000002090
  • 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: 2073
  • Parcel: TOPS M:0058 B:0013 L:
  • Block: 13
  • Municipality: TOPSFIELD
  • Latitude: 42.6293
  • Longitude: -70.9387

    Address

  • Full Address: 205 Central St
  • Address - House Number: 205
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2224
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,042,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 798,175
  • High Value: 924,224
  • Low Value: 672,126

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,400
  • Assessed Land Value: $393,400
  • Assessed Improvements Value: $316,000

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190913002340
  • Previous Sale Recording Date: May 30, 2003
  • Previous Sale Amount: $340,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72500019

Frequently Asked Questions

When was property at 205 Central Street built and last sold?
The property at 205 Central Street was built in 1953 and last sold on Aug 22, 2019 for $535,000.
How much is this home worth?
The estimated value of the home located at 205 Central Street is $536,035.
What are some comparable homes to 205 Central Street?
There are currently no comparable homes to 205 Central Street.
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