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Essex 01983
37 Bare Hill Road
Photo of 37 Bare Hill Road
Sold on Apr 24, 2008

1

Map

$395,000
● House - Off Market

37 Bare Hill Road

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,386 Ft²
$796,681
RealtyHop Estimate
99.67%
Since May 1, 2008
MA-Boston
Primary Model

About This Property

Wonderful country setting... this picturesque home sits on 2.4 acres with privacy & gorgeous views.  3 bed, 2 bath home has a/c, a fireplaced family & living rooms, 3rd bedroom has been wired for home theater, there is expansion potential & a detached barn that can be a garage or workshop.  Close to Pye Brook Park, summer swimming at Hood Pond, and downtown; this home is a must see for anyone looking in Topsfield!
Unit Size
1,386 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$288
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1939

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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 #70717547)

Price History

Date / Event Date Event Price
Apr 25, 2008 Sold
Premium
Sold
Feb 26, 2008 Listed $399,000
Listed
Jul 9, 2004 Sold
Premium
Sold
May 14, 2004 Listed $424,900
Listed
Jun 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 364
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 1,156
  • Gross Building Area: 2,144
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • 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: 378
  • Parcel: TOPS M:0017 B:0029 L:
  • Block: 29
  • Municipality: TOPSFIELD
  • Latitude: 42.6556
  • Longitude: -70.9583

    Address

  • Full Address: 37 Bare Hill Rd
  • Address - House Number: 37
  • Address - Street Name: Bare Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1024
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $885,200

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 727,140
  • High Value: 841,815
  • Low Value: 612,465

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,600
  • Assessed Land Value: $396,800
  • Assessed Improvements Value: $205,800

    Sales

  • Current Sale Recording Date: Apr 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 09, 2004
  • Previous Sale Amount: $411,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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# 70717547

Frequently Asked Questions

When was property at 37 Bare Hill Road built and last sold?
The property at 37 Bare Hill Road was built in 1939 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 37 Bare Hill Road is $412,765.
What are some comparable homes to 37 Bare Hill Road?
There are currently no comparable homes to 37 Bare Hill Road.
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