39 Alderbrook Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed | $949,000 | |
| Listed | |||
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Open House Cancelled - offer accepted. Set on two private acres in one of Topsfield’s most sought-after neighborhoods, this 4-bedroom, 3.5-bath home offers the perfect blend of charm, privacy, and space. Surrounded by mature trees and lush landscaping, the outdoor spaces are a nature-lover’s dream—ideal for gathering, gardening, play, or quiet relaxation. A spacious deck and inviting patio with firepit are perfect for entertaining. Inside, the home features generously sized rooms filled with natural light, classic details like crown molding, hardwood floors, a fireplace, and office with built-in bookcases. The finished, walk-out lower level with a wet bar and mudroom offers great potential for entertaining, or an in-law. Well cared for and with the potential for updates, this home features a new high-efficiency Navien tankless heat/hot water system and provides easy access to the rail trail, parks, and the highly regarded Masconomet school district—all just 30 minutes from Boston.
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| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2019 | Listed by Bentley's | $709,900 | |
| Listed by Bentley's | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017