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Essex 01983
78 A Alderbrook Dr
$507,500
● House - Off Market

78 A Alderbrook Dr

Topsfield, MA 01983
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,784 Ft²
$900,813
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

One of a kind Topsfield Ranch. This property boasts a slate roof, a sunroom that is calling for your addition of a hot tub or sauna and steps to a patio, a large bay window in the formal living room with a fireplace, a large cathedral family room with a wet bar and ample room for a dart board and a pool table. The driveway has plenty of parking for several vehicles and you have a two car under garage. The open kitchen sits next to a cozy fireplace and a "keeping room" with built in secretary desk. There is also a laundry room on the first floor. The master bedroom has a walk in closet and a master bathroom. There should be no concerns with the brand new septic system. Enjoy your views of the nearby Meredith Farm on your short drive to Route 95 or Route 1.
Unit Size
2,784 Ft²
Days on Market
-
Land Size
4.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1978

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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 #71574746)

Price History

Date / Event Date Event Price
Oct 25, 2013 Sold
Premium
Sold
Aug 26, 2013 Listed by Ryder Realty, Inc. $474,900
Listed by Ryder Realty, Inc.
Jun 30, 2011 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 180,338
  • Total Building Area: 3,153
  • Gross Building Area: 8,128
  • Building Area: 3,153
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,153
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOPSFIELD
  • Land Acres: 0000004140
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 214100

Zoning

  • Zoning: ORA

Geography

  • Account Number: 2167
  • Parcel: TOPS M:0067 B:0001 L:
  • Block: 1
  • Municipality: TOPSFIELD
  • Latitude: 42.6151
  • Longitude: -70.9728

    Address

  • Full Address: 78a Alderbrook Dr
  • Address - House Number: 78a
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2314
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,459,300

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 993,288
  • High Value: 1,153,378
  • Low Value: 833,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $993,400
  • Assessed Land Value: $402,400
  • Assessed Improvements Value: $591,000

    Sales

  • Current Sale Recording Date: Oct 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 30, 2011
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: 34
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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 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# 71574746

Frequently Asked Questions

When was property at 78A Alderbrook Drive built and last sold?
The property at 78A Alderbrook Drive was built in 1978 and last sold on Jan 1, 1970 for $507,500.
How much is this home worth?
The estimated value of the home located at 78A Alderbrook Drive is $516,757.
What are some comparable homes to 78A Alderbrook Drive?
There are currently no comparable homes to 78A Alderbrook Drive.
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