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Essex 01983
24 Morningside Dr.
Photo of 24 Morningside Dr.
Sold on Aug 12, 2006

1

Map

$1,185,000
● House - Off Market

24 Morningside Dr.

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
5,000 Ft²
$2,356,554
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

If a young home in one of the best neighborhoods in Topsfield is what you wish, this 5000sf home may be for you. This elegant 12rm home is comfortable for family living or grand entertaining w/a large cherry gourmet kitchen opening to a vaulted fp'd FR, generous DR opens off living room, a delightful 3-season sunroom w/skylights and a most dramatic two-story marble foyer w/curved staircase. Sited on 1 acre of beautifully landscaped grounds w/in-ground pool-convenient to commuting routes.
Unit Size
5,000 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$260
Property Type
House
Property Taxes
$1,071
HOA Dues
-
Year Built
1999

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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 months ago (MLSPIN #70411349)

Price History

Date / Event Date Event Price
Sep 11, 2006 Sold
Premium
Sold
Aug 12, 2006 Sold
Premium
Sold
Jun 22, 2006 Listed $1,298,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,374
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,414
  • Gross Building Area: 8,676
  • Building Area: 4,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,414
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORNINGSIDE RIVER ESTATES
  • Land Acres: 0000001000
  • 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: 2313
  • Parcel: TOPS M:0065 B:0025 L:
  • Block: 25
  • Municipality: TOPSFIELD
  • Latitude: 42.6231
  • Longitude: -70.9382

    Address

  • Full Address: 24 Morningside Dr
  • Address - House Number: 24
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2297
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,552,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 1,530,421
  • High Value: 1,777,082
  • Low Value: 1,283,759

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,737,800
  • Assessed Land Value: $509,700
  • Assessed Improvements Value: $1,228,100

    Sales

  • Current Sale Recording Date: Sep 11, 2006
  • Current Sale Price:
    Premium
  • Current 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

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 70411349

Frequently Asked Questions

When was property at 24 Morningside Drive built and last sold?
The property at 24 Morningside Drive was built in 1999 and last sold on Jan 1, 1970 for $1,185,000.
How much is this home worth?
The estimated value of the home located at 24 Morningside Drive is $1,331,859.
What are some comparable homes to 24 Morningside Drive?
There are currently no comparable homes to 24 Morningside Drive.
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