
36 Cross St Topsfield — Photo 1 of 42
$1,525,000
Investment Analysis — 36 Cross St
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 0.98% cap rate and $14,935/yr in estimated NOI at the $1,525,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,100
Style
Single Family
Built
1915
Set gracefully across from the rolling hills of historic Meredith Farm, this beautifully maintained 3,100-square-foot, 4-bedroom, 3-bath Dutch Gambrel offers an exceptional Topsfield setting on a quiet corner lot with mature plantings and picturesque grounds. When you arrive, the home’s rich wood accents, hardwood floors, beamed ceilings, fireplaces, and inviting flow create a warm and welcoming sense of place. Start the day with coffee on the deck watching the sunrise over the fields, spend a tranquil sunny afternoon lounging by the in-ground pool, then stroll up Cross Street to take in a sunset or moonrise over the gently rolling hills. This private sanctuary offers an enviable blend of comfort, beauty, and convenience. The thoughtfully designed interior includes generously sized living and dining rooms, an expansive family room, office, and multiple spaces for gathering and entertaining. The kitchen features high-end stainless-steel appliances, granite countertops, real wood cabinetry, breakfast bar for two, and a dedicated dining area. The oversized formal dining room accommodates extended gatherings and includes a wood-burning fireplace and built-in corner seating and storage. The inviting living room features a wood-paneled mantel and fireplace, built-in bookshelves, and abundant windows. Flowing directly from the rich wood side-entry, the oversized family room opens to the deck, seamlessly extending the living space outdoors during warmer months. Upstairs, four bedrooms, a full bath with laundry, and an office provide flexible living space. The spacious primary suite offers a private wing with an en-suite bath, walk-in shower with dual shower heads, wood-burning fireplace, and abundant closet storage. Outside, enjoy the views, deck, pool, patio, detached garage, ample parking, and generous storage. Located in the desirable Masconomet School District, this remarkable property is close to downtown Topsfield with convenient access to Routes 1 and 95. A rare opportunity to experience privacy, timeless character, and the beauty of historic Topsfield!
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 3,100 sq ft principal dwelling). Lot size: 87,120 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First30 x 14
Beamed Ceilings, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Sconce, Decorative Molding
Dining Room
Lvl Main,First24 x 12
Flooring - Hardwood, Lighting - Sconce, Lighting - Overhead
Kitchen
Lvl Main,First15 x 25
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Office
Lvl Second11 x 10
Flooring - Hardwood
Family Room
Lvl Main,First30 x 11
Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Lighting - Sconce, Crown Molding
Primary Bedroom
Lvl Second25 x 24
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood
Bedroom 2
Lvl Second13 x 11
Bedroom 3
Lvl Second11 x 11
Flooring - Hardwood
Bedroom 4
Lvl First11 x 9
Flooring - Hardwood
Bathroom 1
Lvl First7 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second14 x 8
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second10.5 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Barry Mitchell
Listing Office: Coldwell Banker Realty
MLS® Number: 73577206

