
104 High St Topsfield — Photo 1 of 38
$995,000
Investment Analysis — 104 High St
Topsfield, MA 01983
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01983 carries an estimated $3,080/mo in gross rent — about a 1.44% cap rate and $14,292/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,211
Style
Single Family
Built
1898
Set back from the road on a private 1.13-acre lot, this beautifully updated 3-bedroom, 2.5-bath Colonial offers a wonderful combination of character, space and privacy in Topsfield. Hardwood floors, crown molding and thoughtful details complement a first floor designed with plenty of room to gather, work and unwind. The spacious kitchen features rich cabinetry, stone countertops, stainless steel appliances, a large center island, pantry and a separate dining area. Just off the kitchen, a half bath with laundry adds everyday convenience. A formal dining room, comfortable living room, sun-filled sunroom and additional bonus room currently used as a home office provide exceptional flexibility throughout the main level. Upstairs, all three bedrooms are generously sized, including a spacious primary suite with two walk-in closets and a private full bath, along with a beautifully updated second full bathroom. Outside, the home is surrounded by mature trees that create a peaceful, private setting. A covered deck, additional large deck and patio offer multiple spaces for outdoor dining and entertaining, while the fenced yard and dedicated garden area provide plenty of room to enjoy the property. A detached two-car garage is complemented by an additional barn-like storage and workspace area offering exciting potential for a studio, workshop, hobby space or future conversion. With ample parking, beautifully maintained grounds and a setting that feels tucked away while remaining convenient to Topsfield’s schools, parks, trails and town amenities, this is a special property with space to enjoy both inside and out.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,211 sq ft principal dwelling). Lot size: 49,171 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Wine Refrigerator
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17.416666666 x 15.416666666
Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Wood, Deck - Exterior, Exterior Access, Recessed Lighting, Crown Molding, Pocket Door
Dining Room
Lvl Main,First14.333333333 x 14.25
Flooring - Wood, Lighting - Pendant, Lighting - Overhead, Crown Molding, Pocket Door
Kitchen
Lvl Main,First15.416666666 x 13.916666666
Bathroom - Half, Closet, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Cabinets - Upgraded, Chair Rail, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant
Office
Lvl Main10.416666666 x 10.333333333
Flooring - Wood, Lighting - Overhead, Crown Molding
Master Bedroom
Lvl Second21.5 x 13.583333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
Bedroom 2
Lvl Second12.25 x 14.166666666
Bedroom 3
Lvl Second12.25 x 10.916666666
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,First4.666666666 x 6.166666666
Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Wainscoting, Lighting - Sconce, Pocket Door
Bathroom 2
Lvl Second5 x 10.666666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Bathroom 3
Lvl Second7.25 x 7.75
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Sconce
Listing Agent: Pizzo Johanson Team
Listing Office: Aluxety
MLS® Number: 73565077