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14 Days on market

64 Parsonage Lane Topsfield — Photo 1 of 42

$1,300,000

Investment Analysis — 64 Parsonage Lane

Topsfield, MA 01983

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01983 carries an estimated $3,390/mo in gross rent — about a 0.85% cap rate and $11,082/yr in estimated NOI at the $1,300,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

3,356

Style

Single Family

Built

1970

Set in one of Topsfield’s most desirable locations, 64 Parsonage Lane offers a wonderful combination of space, comfort, and lifestyle. Beautifully positioned abutting the Topsfield Rail Trail, this inviting home provides an immediate connection to nature while remaining just moments from downtown Topsfield. Inside, a spacious open floor plan creates an easy flow between the generously sized living spaces, making the home equally well suited to everyday living and entertaining. The large eat-in kitchen is beautifully appointed with stainless steel appliances, and a large eating area. Enjoy gathering in the very spacious family room with a gas fireplace, with a convenient half bath just off the family room. A formal living room and dining room provide additional space for gatherings while a bright sunroom offers a peaceful spot to relax and enjoy the surrounding setting. Upstairs, a versatile second-floor den provides additional living space, along with four comfortable bedrooms and two full baths. An attached two-car garage offers everyday convenience, while the expansive unfinished basement provides abundant storage and exciting potential for future finishing. With its desirable location, generous living spaces, and direct access to the Rail Trail, this home is a wonderful opportunity to enjoy all that Topsfield has to offer.

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 3,356 sq ft principal dwelling). Lot size: 48,360 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.