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Essex
57 Topsfield Rd
$535,000
● House - Off Market

57 Topsfield Rd

Wenham, MA 01984
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,155 Ft²
$786,188
RealtyHop Estimate
42.94%
Since Jun 1, 2019
MA-Boston
Primary Model

About This Property

Your search is over!! Filled with natural light & charm, this updated 3 bed/1.5 bath home is full of surprises. The functional open floor plan with updated chef's kitchen and a inviting sun room, make this the perfect home to move right into & enjoy.  Whether you're relaxing in the spacious living room with wood burning fireplace or enjoying the large composite deck over looking the fenced in back yard, this is the house for all seasons! Extra bonus family room & office in lower level, provide even more possibilities. Located in top ranking Hamilton-Wenham school district, this ideal location is minutes from schools, multiple commuter rail stations, major routes, shopping, parks, trails & more.  Come take a look at your next home. Call/text for your showing today! OPEN HOUSE SUNDAY 2/24 12-2pm.
Unit Size
2,155 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$255
Property Type
House
Property Taxes
$769
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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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: 5 months ago (MLSPIN #72453033)

Price History

Date / Event Date Event Price
May 13, 2019 Sold
Premium
Sold
Feb 13, 2019 Listed by Coldwell Banker Residential Brokerage - Beverly $550,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Nov 21, 2017 Sold
Premium
Sold
Aug 28, 2017 Listed by Coldwell Banker Residential Brokerage - Beverly $499,750
Listed by Coldwell Banker Residential Brokerage - Beverly
Jun 3, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,651
  • Total Building Area: 1,460
  • Gross Building Area: 3,936
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001048
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 980
  • Parcel: WENH M:25 L:12
  • Lot: 12
  • Municipality: WENHAM
  • Latitude: 42.5964
  • Longitude: -70.9069

    Address

  • Full Address: 57 Topsfield Rd
  • Address - House Number: 57
  • Address - Street Name: Topsfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1930
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,316,500

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 891,402
  • High Value: 1,027,977
  • Low Value: 754,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $758,800
  • Assessed Land Value: $544,200
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Contract Date: May 08, 2019
  • Current Sale Recording Date: May 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190513004120
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Amount: $497,500
  • Previous Sale Document Type: O
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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 5 months ago
Data Source: MLS PIN, MLS# 72453033

Frequently Asked Questions

When was property at 57 Tops Field Road built and last sold?
The property at 57 Tops Field Road was built in 1961 and last sold on May 8, 2019 for $535,000.
How much is this home worth?
The estimated value of the home located at 57 Tops Field Road is $572,861.
What are some comparable homes to 57 Tops Field Road?
There are currently no comparable homes to 57 Tops Field Road.
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