40 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 |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| Jan 11, 2020 | Listed by Churchill Properties | $1,675,000 | |
| Listed by Churchill Properties | |||
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Set on 5+/- magnificent acres in the scenic town of Wenham on Boston's North Shore, sits this 6-bedroom, 4.5 bath shingle-style home built in 2003 overlooking expansive lawn, fields, and meadows. Originally part of the 60+/-acre Dearborn Farm, the property offers the utmost in privacy with convenient access to the highway and commuter rail to Boston. The interior of this home was designed with large open rooms, high ceilings and includes Brazilian Cherry and Oak flooring throughout, expansive fireplaced great room with oversized windows, gourmet kitchen with large center island and breakfast nook, gracious master bedroom suite with gas fireplace, second floor laundry room, private first floor guest wing with access to deck, and an attached, 3-car garage. Ideal for family living the home includes a lower finished lower level game room and full-size basement.
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| May 13, 2016 | Sold | ||
| Sold | |||
| Sep 16, 2015 | Listed by LandVest, Inc. | $1,599,000 | |
| Listed by LandVest, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017