For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01983
41 Timber Lane
$310,000
● House - Off Market

41 Timber Lane

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,279 Ft²
$1,287,466
RealtyHop Estimate
308.72%
Since Sep 1, 1997
MA-Boston
Primary Model

About This Property

WONDERFUL PRIVATE SETTING W/2 STALL BARN.  ABUTS TOWN LAND & TRAILS.  CATHEDRAL CEILINGS IN BATH & FAMILY RM.  NEW HEATED SUNROOM.  TITLE V CERT.  ***EXLUDES OAK SHELVES IN BRK RM, ROD IN FAMILY RM, LITE IN LR, TRACK LIGHTS.***
Unit Size
2,279 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$138
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1971

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #30151470)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 18, 2022 Listed $824,000
Listed
May 28, 1998 Sold
Premium
Sold
Apr 7, 1998 Listed $339,000
Listed
Aug 15, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 850
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,298
  • Gross Building Area: 4,132
  • Building Area: 2,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,298
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER LANE
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 214100

Zoning

  • Zoning: ORA

Geography

  • Account Number: 405
  • Parcel: TOPS M:0011 B:0033 L:
  • Block: 33
  • Municipality: TOPSFIELD
  • Latitude: 42.658
  • Longitude: -70.9456

    Address

  • Full Address: 41 Timber Ln
  • Address - House Number: 41
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 1107
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,248,800

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 857,818
  • High Value: 1,019,498
  • Low Value: 696,137

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $850,100
  • Assessed Land Value: $413,800
  • Assessed Improvements Value: $436,300

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 328
  • Previous Sale Recording Date: May 28, 1998
  • Previous Sale Amount: $339,000
  • 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

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30151470

Frequently Asked Questions

When was property at 41 Timber Lane built and last sold?
The property at 41 Timber Lane was built in 1971 and last sold on Aug 31, 2022 for $875,000.
How much is this home worth?
The estimated value of the home located at 41 Timber Lane is $808,949.
What are some comparable homes to 41 Timber Lane?
There are currently no comparable homes to 41 Timber Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Topsfield Homes for Sale
Topsfield Houses for Sale
Topsfield Condos for Sale
Topsfield Co-Ops for Sale
Topsfield Multifamily for Sale
Topsfield Land for Sale
Topsfield Commercial for Sale
Topsfield Homes with Basements
Nearby Cities
Peabody Homes for Sale
Beverly Homes for Sale
Danvers Homes for Sale
Lynnfield Homes for Sale
Ipswich Homes for Sale
Boxford Homes for Sale
Rowley Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Rockingham County, NH Property Records
Norfolk County, MA Property Records
Hillsborough County, NH Property Records
Strafford County, NH Property Records
Worcester County, MA Property Records
Neighborhoods
Peabody Town Center Real Estate
Salem Neck Real Estate
North Salem Real Estate
Nearby Counties
Peabody Homes for Sale
Beverly Homes for Sale
Danvers Homes for Sale
Ipswich Homes for Sale
Lynnfield Homes for Sale
Boxford Homes for Sale
Middleton Homes for Sale
Georgetown Homes for Sale
Top Real Estate Agents
Top Agents in Topsfield
Top Agents in Peabody
Top Agents in Peabody
Top Agents in 01960
Top Agents in Beverly
Top Agents in Beverly
Top Agents in 01915
Top Agents in 01923