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Topsfield 01983
62 Parsonage Ln
$660,000
● House - Off Market

62 Parsonage Ln

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,052 Ft²
$829,981
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Location, Location, Location!!! Warm and inviting, this well maintained center entrance colonial is located in one of Topsfield's most sought after neighborhoods. This four bedroom, two and a half bath home features an eat-in kitchen custom crafted with Village cabinetry and a new stainless steel refrigerator, fireplaced family room, hardwood floors, first floor laundry, bonus rooms in the lower level perfect for a home office and playroom, and a newly painted deck overlooking a beautiful back yard- perfect for entertaining. Freshly painted interior and exterior, newly refinished hardwood floors, newer baths, walk out basement, two car garage with storage and a newer on demand whole house generator are some of the hallmarks of this great family home.   Please follow COVID 19 guidelines.
Unit Size
2,052 Ft²
Days on Market
-
Land Size
1.33 acres
Price per sqft
$316
Property Type
House
Property Taxes
$791
HOA Dues
-
Year Built
1971

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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 years ago (MLSPIN #72735876)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Keller Williams Realty Evolution $649,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • 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: 647
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,878
  • Total Building Area: 2,052
  • Gross Building Area: 3,460
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001329
  • 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: 332
  • Parcel: TOPS M:0024 B:0041 L:
  • Block: 41
  • Municipality: TOPSFIELD
  • Latitude: 42.6493
  • Longitude: -70.9562

    Address

  • Full Address: 62 Parsonage Ln
  • Address - House Number: 62
  • Address - Street Name: Parsonage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1322
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,139,500

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 830,618
  • High Value: 973,582
  • Low Value: 687,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $775,700
  • Assessed Land Value: $365,700
  • Assessed Improvements Value: $410,000

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201116007780
  • Previous Sale Recording Date: Aug 06, 2015
  • 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 Topsfield

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

53

Average Home Size

4984 ft²

Average Home Age

91.8 years

Currently For Sale

4 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: 5 years ago
Data Source: MLS PIN, MLS# 72735876

Frequently Asked Questions

When was property at 62 Parsonage Lane built and last sold?
The property at 62 Parsonage Lane was built in 1971 and last sold on Nov 6, 2020 for $660,000.
How much is this home worth?
The estimated value of the home located at 62 Parsonage Lane is $0.
What are some comparable homes to 62 Parsonage Lane?
There are currently no comparable homes to 62 Parsonage Lane.
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