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Essex 01983
9 Alderbrook Drive
$779,000
● House - Off Market

9 Alderbrook Drive

Topsfield, MA 01983
bedrooms
4 Beds
bathrooms
5 Baths
square feet
3,644 Ft²
$1,229,442
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

NEW LISTING!! Exceptional 9+ room, 5 full bath expanded cape located in one of the most sought after neighborhoods in Topsfield! First floor special features include hardwood floors in fireplaced living room and dining room, eat-in kitchen with granite, office, master suite, 2 full baths, fireplaced family room and screened porch overlooking expansive back yard.  A second master suite and 2 additional bedrooms on the second floor, loads of closets, 3 car garage, central air and central vac are the hallmarks of this spectacular home!
Unit Size
3,644 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$215
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72145110)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
Apr 12, 2017 Listed by Keller Williams Realty $784,900
Listed by Keller Williams Realty
Dec 28, 2007 Sold
Premium
Sold
Apr 15, 2005 Sold
Premium
Sold
Nov 23, 2004 Listed $829,900
Listed
Wonderful expanded cape. Upscale neighborhood. Excellent school district. 2 Master suites. Extended family or aupair.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,896
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 3,644
  • Gross Building Area: 7,480
  • Building Area: 3,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEREDITH HILL TOPSFIELD
  • Land Acres: 0000002020
  • 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: 1947
  • Parcel: TOPS M:0062 B:0021 L:
  • Block: 21
  • Municipality: TOPSFIELD
  • Latitude: 42.6225
  • Longitude: -70.9654

    Address

  • Full Address: 9 Alderbrook Dr
  • Address - House Number: 9
  • Address - Street Name: Alderbrook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Topsfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2301
  • Zip Code: 01983

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,426,000

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,105,868
  • High Value: 1,280,308
  • Low Value: 931,429

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $970,700
  • Assessed Land Value: $435,900
  • Assessed Improvements Value: $534,800

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1224
  • Previous Sale Recording Date: Dec 28, 2007
  • Previous Sale Amount: $810,000
  • 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:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72145110

Frequently Asked Questions

When was property at 9 Alderbrook Drive built and last sold?
The property at 9 Alderbrook Drive was built in 1968 and last sold on Jan 1, 1970 for $779,000.
How much is this home worth?
The estimated value of the home located at 9 Alderbrook Drive is $822,346.
What are some comparable homes to 9 Alderbrook Drive?
There are currently no comparable homes to 9 Alderbrook Drive.
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