2 Pearl Way - Lot 1 Topsfield — Photo 1 of 9
$599,900
Investment Analysis — 2 Pearl Way - Lot 1
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 1.71% cap rate and $10,275/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
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RARE OPPORTUNITY TO BUILD YOUR CUSTOM HOME WITHIN COVETED RIVERWOOD ESTATES, one of Topsfield’s newest and most desirable subdivisions, with no builder tie-in constraints. This single-family house lot on Pearl Way presents an excellent opportunity to create a home in a newly developing neighborhood setting. Located near the intersection of Ipswich Rd and Perkins Row, the property offers a scenic Ipswich River setting and abuts Audubon Society land for added natural beauty and privacy. The road is now public and maintained by the town, offering added convenience and accessibility. Restrictive covenants and design review apply. Enjoy nearby amenities, commuter routes, and the charm of Topsfield while bringing your vision to life on this unique property.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
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Building & Exterior
Property & Lot
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat • Conservation Area
Geography
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73525918
