39 Topsfield Rd
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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by LAER Realty Partners | $699,500 | |
| Listed by LAER Realty Partners | |||
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Don’t miss this beautifully updated home in the heart of Ipswich, fully renovated just a few years ago and thoughtfully enhanced with a stunning detached studio with a gym, office, and guest space. The home features hardwood flooring throughout, full insulation, updated windows, and new interior and exterior doors, while the stylish kitchen boasts stainless steel appliances, custom cabinetry, and elegant slate countertops. With 2.5 bathrooms, a newer furnace and hot water heater, plus the added benefits of town sewer and natural gas, this property is truly move-in ready. A basement and attic provide ample storage, and the fenced-in yard offers a private outdoor space perfect for relaxing or entertaining. Conveniently located close to downtown, the commuter rail, shops, and restaurants, and just a short drive to Crane Beach, it offers the perfect blend of comfort, style, and coastal convenience.
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| May 22, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by Windhill Realty, LLC | $439,000 | |
| Listed by Windhill Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017