4 Pearl Way - Lot 2
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 24, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Lillian Montalto Signature Properties | $599,900 | |
| Listed by Lillian Montalto Signature Properties | |||
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Mar 27, 2025 | Listed | $725,000 | |
| Listed | |||
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Discover 4 Pearl Way (Lot #2), a rare opportunity to craft your bespoke residence within the coveted Riverwood Estate, Topsfield's newest and most desirable subdivision, all without the constraints of a builder tie-in. This exceptional parcel presents a canvas for your dream home, boasting breathtaking panoramic vistas of verdant woodlands, swaying trees, and expansive meadows that gracefully cascade towards the meandering Ipswich River. The river itself embraces the estate, weaving a picturesque natural boundary, further enhanced by the property's adjacency to protected conservation land, ensuring enduring tranquility and a harmonious connection with nature. Situated at the convenient intersection of Ipswich Road and Perkins Row, this enclave of premier lots offers an idyllic setting, overlooking the serene Ipswich River and neighboring the Audubon Society's pristine expanse.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017