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Essex 01983
240 Rowley Bridge Rd.
$757,500
● House - Off Market

240 Rowley Bridge Rd.

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,068 Ft²
$954,370
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Nothing to do but move in! Come and see this freshly painted and updated 4 bedroom,three bath home with central air in a pastoral setting. Work from home in the first floor office then gather with family and friends in the large dream kitchen with spacious adjoining deck. With fall approaching you will enjoy the wood stove in the adjacent great room. The main floor also features the living room and a bedroom with en suite bath and laundry. The first floor den is a bonus space with many possible uses, a second office perhaps? The second floor includes the master bedroom with en suite bath and walk in closet and there are two more ample sized bedrooms and a full bath that has been recently remodeled.Easy access to routes I 95 and 1. Don't miss this one, call now to book your time slot at the open house.
Unit Size
3,068 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$238
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1985

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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 #72709172)

Price History

Date / Event Date Event Price
Sep 25, 2020 Sold
Premium
Sold
Aug 10, 2020 Listed by Boardwalk Real Estate $729,900
Listed by Boardwalk Real Estate
May 26, 2009 Sold
Premium
Sold
Sep 17, 2008 Listed by Boardwalk Real Estate $519,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,372
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,068
  • Gross Building Area: 5,828
  • Building Area: 3,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,068
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOPSFIELD
  • Land Acres: 0000002000
  • 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: 2143
  • Parcel: TOPS M:0080 B:0009 L:
  • Block: 9
  • Municipality: TOPSFIELD
  • Latitude: 42.6055
  • Longitude: -70.9678

    Address

  • Full Address: 240 Rowley Bridge Rd
  • Address - House Number: 240
  • Address - Street Name: Rowley Bridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2413
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,433,600

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,016,549
  • High Value: 1,176,121
  • Low Value: 856,977

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $975,900
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $583,900

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200925006480
  • Previous Sale Recording Date: May 26, 2009
  • Previous Sale Amount: $510,000
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72709172

Frequently Asked Questions

When was property at 240 Rowley Bridge Road built and last sold?
The property at 240 Rowley Bridge Road was built in 1985 and last sold on Sep 25, 2020 for $757,500.
How much is this home worth?
The estimated value of the home located at 240 Rowley Bridge Road is $750,819.
What are some comparable homes to 240 Rowley Bridge Road?
There are currently no comparable homes to 240 Rowley Bridge Road.
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