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Topsfield 01983
8 Parsonage Lane
$592,500
● House - Off Market

8 Parsonage Lane

Topsfield, MA 01983
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,122,220
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Over Sized, Spacious Five Bedroom Contemporary Tri Level Ranch On A Private, Well Landscaped Lot Walking Distance To Center of Town! Kitchen w/Large Dinning Area Features Hardwood Floors, Granite Countertops, Stainless Steel Appliances & Custom Cabinetry!  Large Vaulted Ceiling Family Room w/Fireplace & Hardwood Floors!  Formal Living & Dining Rooms Both w/Hardwood Flooring!  Large Master w/Master Bath & Walk in Closet!  Plus Four More Good Sized Bedrooms All w/Hardwood Flooring!  Fireplaced Sunroom w/Hard Floors & Atrium Window Over Looking Back Yard! Three Full Baths, One Half Bath, Two Car Garage, Gas Heat & Oversized Back Yard Deck!  Side Walk or Bike Path Access To Downtown Topsfield!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$193
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1968

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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 #71642952)

Price History

Date / Event Date Event Price
Jul 18, 2014 Sold
Premium
Sold
Mar 11, 2014 Listed by Sold On Sunday, Inc. $619,000
Listed by Sold On Sunday, Inc.
Dec 1, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 1,872
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,302
  • Total Building Area: 2,550
  • Gross Building Area: 5,566
  • Building Area: 2,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000719
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Account Number: 1165
  • Parcel: TOPS M:0032 B:0069 L:
  • Block: 69
  • Municipality: TOPSFIELD
  • Latitude: 42.6431
  • Longitude: -70.954

    Address

  • Full Address: 8 Parsonage Ln
  • Address - House Number: 8
  • Address - Street Name: Parsonage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1313
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,292,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 971,422
  • High Value: 1,132,903
  • Low Value: 809,940

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $879,800
  • Assessed Land Value: $379,800
  • Assessed Improvements Value: $500,000

    Sales

  • Current Sale Recording Date: Jul 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71800135
  • Previous Sale Recording Date: Dec 01, 1992
  • Previous Sale Amount: $252,750
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

52

Average Home Size

3762 ft²

Average Home Age

99.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71642952

Frequently Asked Questions

When was property at 8 Parsonage Lane built and last sold?
The property at 8 Parsonage Lane was built in 1968 and last sold on Jan 1, 1970 for $592,500.
How much is this home worth?
The estimated value of the home located at 8 Parsonage Lane is $623,288.
What are some comparable homes to 8 Parsonage Lane?
There are currently no comparable homes to 8 Parsonage Lane.
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