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Essex 01983
72 North St
$821,000
● House - Off Market

72 North St

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
4 Baths
square feet
3,528 Ft²
$941,208
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model

About This Property

Versatility at it's best! Are you looking for a home that can accommodate a large family? Two homes on one large lot! This versatile custom built home has a flexible floor plan for a third bedroom or that can fit all of your personal needs and living style. Owners unit features 5 large rooms plus additional living area in the basement. The in-law unit also features 5 rooms. This beautifully kept custom built home has many features and a beautiful large yard that will please any buyer. This home is conveniently located off route 1 and has access to major highways and is part of the Masco school system. Don't miss out on this diamond in the rough!!!!
Unit Size
3,528 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$238
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1980

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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 #72903236)

Price History

Date / Event Date Event Price
Dec 8, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Armstrong Field Real Estate $839,899
Listed by Armstrong Field Real Estate
Sep 30, 1980 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 974
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,600
  • Total Building Area: 3,528
  • Gross Building Area: 5,694
  • Building Area: 3,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOPSFIELD
  • Land Acres: 0000000955
  • 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: 615
  • Parcel: TOPS M:0012 B:0011 L:
  • Block: 11
  • Municipality: TOPSFIELD
  • Latitude: 42.6585
  • Longitude: -70.9339

    Address

  • Full Address: 72 North St
  • Address - House Number: 72
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1102
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,350,500

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 960,161
  • High Value: 1,110,881
  • Low Value: 809,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $919,300
  • Assessed Land Value: $351,100
  • Assessed Improvements Value: $568,200

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211208002970
  • Previous Sale Recording Date: Sep 30, 1980
  • Previous Sale Amount: $20,000
  • 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:

$699,500

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.5 years

Currently For Sale

1472 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# 72903236

Frequently Asked Questions

When was property at 72 North Street built and last sold?
The property at 72 North Street was built in 1980 and last sold on Nov 24, 2021 for $821,000.
How much is this home worth?
The estimated value of the home located at 72 North Street is $878,470.
What are some comparable homes to 72 North Street?
There are currently no comparable homes to 72 North Street.
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