73 Parsonage Ln Topsfield — Photo 1 of 19
$699,000
Investment Analysis — 73 Parsonage Ln
Topsfield, MA 01983
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01983 carries an estimated $2,040/mo in gross rent — about a 2.64% cap rate and $18,479/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
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Bring your builder, your plans, and your imagination — because the best homes don’t always hit The Market… sometimes they start from the ground up. Rare opportunity for land for sale in Topsfield, MA to build a custom FOREVER home North of Boston in a highly sought after residential neighborhood with minimal turnover close to I-95. This 3.639-acre lot is not in a flood zone and has no builder tie in. For those searching for buildable land in Massachusetts, a major head start is complete with a FULLY APPROVED SEPTIC DESIGN for a 5-BEDROOM home & STORMWATER PERMIT. ADU potential as well for multigenerational living! With frontage & potential curb cut options from Parsonage Lane or Orchard Lane, enjoy flexibility for home placement, driveway design, & landscaping. Located on Parsonage Lane & backing up to the quiet CUL-DE-SAC neighborhood of Orchard Lane. Your dream home may not be waiting to be found — it may be waiting to be built. Site plans available upon request
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Jeffrey Macmonagle
Listing Office: The Market
MLS® Number: 73539806