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Essex 01983
43 Mansion Drive
$659,000
● House - Off Market

43 Mansion Drive

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,988 Ft²
$861,666
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Four bedroom 2.5 bath colonial on 1.8 acres in sought after neighborhood just 1 mile from downtown. Large eat in kitchen, first floor office, dining room with built-in corner cabinets, living room with fireplace and four spacious bedrooms. 520SF  Family room with 2nd fireplace and space galore for large gatherings with sliding French door to private backyard and patio. Convenient mud room with double closet, oversized two car garage with ample workspace. All hardwood floors newly refinished. Title V in hand.
Unit Size
2,988 Ft²
Days on Market
-
Land Size
1.84 acres
Price per sqft
$221
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #72705529)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by Coldwell Banker Realty - Topsfield $659,000
Listed by Coldwell Banker Realty - Topsfield
Jun 3, 1982 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,020
  • Total Building Area: 2,988
  • Gross Building Area: 4,756
  • Building Area: 2,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001837
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: IRA

Geography

  • Account Number: 495
  • Parcel: TOPS M:0018 B:0024 L:
  • Block: 24
  • Municipality: TOPSFIELD
  • Latitude: 42.6546
  • Longitude: -70.9488

    Address

  • Full Address: 43 Mansion Dr
  • Address - House Number: 43
  • Address - Street Name: Mansion
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1109
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,244,800

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 915,948
  • High Value: 1,073,598
  • Low Value: 758,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $847,400
  • Assessed Land Value: $407,100
  • Assessed Improvements Value: $440,300

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200902002920
  • Previous Sale Recording Date: Jun 03, 1982
  • Previous Sale Amount: $123,000
  • 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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72705529

Frequently Asked Questions

When was property at 43 Mansion Drive built and last sold?
The property at 43 Mansion Drive was built in 1958 and last sold on Aug 28, 2020 for $659,000.
How much is this home worth?
The estimated value of the home located at 43 Mansion Drive is $689,084.
What are some comparable homes to 43 Mansion Drive?
There are currently no comparable homes to 43 Mansion Drive.
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