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Topsfield 01983
8 Thompson Lane
Photo of 8 Thompson Lane
Sold on Jan 20, 2006

1

Map

$655,000
● House - Off Market

8 Thompson Lane

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,328 Ft²
$1,252,958
RealtyHop Estimate
81.61%
Since Feb 1, 2006
MA-Boston
Primary Model

About This Property

Beautiful Royal Barry Wills brick front Colonial in one of the top desirable neighborhoods located within walking distance of the Center.   ALL NEW KITCHEN WITH GRANITE COUNTERTOPS, HARDWOOD FLOORING, NEW WOOD CABINETS, AND ALL NEW STAINLESS APPLIANCES. Bathrooms have been updated to meet today's expectations. THREE SEASON SUN ROOM OFF THE FAMILY ROOM. This home shows light and bright and is a pleasure to show.  No wallpaper to remove and new carpets throughout.   TITLE FIVE APPROVED.
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$296
Property Type
House
Property Taxes
$587
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 #70233822)

Price History

Date / Event Date Event Price
Jan 20, 2006 Sold
Premium
Sold
Jul 31, 2005 Listed $689,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,340
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 2,328
  • Gross Building Area: 4,412
  • Building Area: 2,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMPSON LANE
  • Land Acres: 0000000918
  • 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: 358
  • Parcel: TOPS M:0017 B:0018 L:
  • Block: 18
  • Municipality: TOPSFIELD
  • Latitude: 42.6548
  • Longitude: -70.961

    Address

  • Full Address: 8 Thompson Ln
  • Address - House Number: 8
  • Address - Street Name: Thompson
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Topsfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1326
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,309,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 983,920
  • High Value: 1,150,317
  • Low Value: 817,523

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $891,600
  • Assessed Land Value: $388,500
  • Assessed Improvements Value: $503,100

    Sales

  • Current Sale Recording Date: Jan 20, 2006
  • Current Sale Price:
    Premium
  • Current 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70233822

Frequently Asked Questions

When was property at 8 Thompson Lane built and last sold?
The property at 8 Thompson Lane was built in 1978 and last sold on Jan 1, 1970 for $655,000.
How much is this home worth?
The estimated value of the home located at 8 Thompson Lane is $709,465.
What are some comparable homes to 8 Thompson Lane?
There are currently no comparable homes to 8 Thompson Lane.
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