48 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%.
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | Listed by J. Barrett & Company | $899,000 | |
| Listed by J. Barrett & Company | |||
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Very Rare 2 family home in Boxford! Historic East Boxford house offers great value and versatility with separate income producing or in-law apartment with kitchen, 2 bedrooms and 1 1/2 baths. The rental apartment has address 48A Topsfield Road and separate drive. The main house has 3 bedrooms and 2 1/2 baths with large dining room and family room and granite counter tops in kitchen. Many upgrades include nearly full repaint of interior, new gas cook top AND new septic to be installed by seller (or appropriate holdback at closing ). Sensational period details including raised panel woodwork, bee-hive FP's, library with beautiful woodwork and fireplace. This large 3.21 acre property has direct trail access to one of Boxford's best trail systems. Equestrian property possible and two small barn/sheds included.
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| Jun 27, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2013 | Sold | ||
| Sold | |||
| Apr 1, 2011 | Listed by Upright Realty Group LLC | $539,000 | |
| Listed by Upright Realty Group LLC | |||
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Historic East Boxford house on over 3 acres has been updated with a New Roof, New Gutters, Exterior Paint, Bath Updates in Apartment. Great value and versatility as home with in-laws or income producing. Sensational period dethails, raised panel woodwork, bee-hive FPs, modern skylighted Master, updated kitchen, library with fireplace, direct access to trails and conservation land - Equestrian Farm potential. Coveted legal rental apt w/ newer heating and 2 bed, 1 1 /2 bath - good rental history
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017