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Essex 01983
3 Perkins Circle
$525,000
● House - Off Market

3 Perkins Circle

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,838 Ft²
$831,538
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Location, Location! Classic four bedroom, 2.5 bath,  colonial boasting hardwood floors in the fireplaced formal living room and dining room. Family room with brick fireplace off eat-in kitchen will accommodate all your family gatherings. Relax on the screened in porch to bird watch and enjoy nature. Spacious bedrooms  and master bedroom with full bath. Large finished basement is ideal for gaming, media, or office. Sliders lead to patio and rear yard complete with koi pond. Close to Steward Elementary, Ipswich Wildlife Sanctuary plus easy access to  major commuter routes.
Unit Size
2,838 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$185
Property Type
House
Property Taxes
$724
HOA Dues
-
Year Built
1972

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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 #72146019)

Price History

Date / Event Date Event Price
May 31, 2017 Sold
Premium
Sold
Apr 14, 2017 Listed by Churchill Properties $525,000
Listed by Churchill Properties
Jul 16, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • 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: 208
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,040
  • Total Building Area: 2,271
  • Gross Building Area: 3,936
  • Building Area: 2,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,271
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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: 832
  • Parcel: TOPS M:0027 B:0020 L:
  • Block: 20
  • Municipality: TOPSFIELD
  • Latitude: 42.6496
  • Longitude: -70.9229

    Address

  • Full Address: 3 Perkins Cir
  • Address - House Number: 3
  • Address - Street Name: Perkins
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1505
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,131,100

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 873,946
  • High Value: 1,024,879
  • Low Value: 723,012

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $770,000
  • Assessed Land Value: $332,200
  • Assessed Improvements Value: $437,800

    Sales

  • Current Sale Recording Date: May 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 380
  • Previous Sale Recording Date: Jul 16, 1986
  • Previous Sale Amount: $273,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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: 4 months ago
Data Source: MLS PIN, MLS# 72146019

Frequently Asked Questions

When was property at 3 Perkins Circle built and last sold?
The property at 3 Perkins Circle was built in 1972 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 3 Perkins Circle is $558,355.
What are some comparable homes to 3 Perkins Circle?
There are currently no comparable homes to 3 Perkins Circle.
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