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Topsfield 01983
7 Birch Lane
$469,900
● House - Off Market

7 Birch Lane

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,972 Ft²
$800,854
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Wonderfully updated family home in a most desirable neighborhood in Topsfield!  Close to town, at the end of a cul de sac with a wonderfully large and private backyard and easy access to the rail trail.  This home has been lovingly cared for throughout the years.  Five year old Birch Cabinet Kitchen, Granite Countertops and Slate Floor open to sunny dining room.  Two updated full baths,  three year old roof, newer vinyl windows (2008), refinished hardwood floors and Septic new in 1997.  Fabulous 3 season room with cathedral ceiling and deck overlooking pastural, private setting.  Lower level features large family room and what could be a separate office, full bath, storage and garage access.  Walk, bike and snow shoe on the rail trail - close to downtown, Masconomet Schools!  Welcome Home to Topsfield!
Unit Size
1,972 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$233
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1952

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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: 4 months ago (MLSPIN #71828513)

Price History

Date / Event Date Event Price
Jun 26, 2015 Sold
Premium
Sold
May 1, 2015 Listed by Keller Williams Realty $459,900
Listed by Keller Williams Realty
Feb 18, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,032
  • Total Building Area: 1,300
  • Gross Building Area: 3,480
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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: 307
  • Parcel: TOPS M:0024 B:0028 L:
  • Block: 28
  • Municipality: TOPSFIELD
  • Latitude: 42.6479
  • Longitude: -70.9578

    Address

  • Full Address: 7 Birch Ln
  • Address - House Number: 7
  • Address - Street Name: Birch
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1302
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $899,000

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 594,199
  • High Value: 706,650
  • Low Value: 481,747

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,000
  • Assessed Land Value: $349,700
  • Assessed Improvements Value: $262,300

    Sales

  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 394
  • Previous Sale Recording Date: Feb 18, 1997
  • Previous Sale Amount: $232,000
  • 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 Topsfield

Stats & Trends

Median Asking:

$841,950

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

54

Average Home Size

4659 ft²

Average Home Age

84.6 years

Currently For Sale

5 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# 71828513

Frequently Asked Questions

When was property at 7 Birch Lane built and last sold?
The property at 7 Birch Lane was built in 1952 and last sold on Jan 1, 1970 for $469,900.
How much is this home worth?
The estimated value of the home located at 7 Birch Lane is $477,411.
What are some comparable homes to 7 Birch Lane?
There are currently no comparable homes to 7 Birch Lane.
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