Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Topsfield, MA Title is generated by Realmo AI

    4 Ruby Circle, Topsfield, MA 01983

    View on Map
    Claim this Listing
    For Sale
    $684,900

    LAND - Topsfield, MA

    Lot size:
    0.96 Acres
    Added:
    Sep 3, 2025
    Days on Market:
    264
    Last Refresh:
    May 24 at 12:06 am

    Property Features for 4 Ruby Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    IRA
    Standard status
    Active
    APN
    M:0020 B:0043 L:H,5115923
    Lot size
    0.96 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8363

    We can help!

    Listing Contact
    Keller Williams Realty Evolution

    Listing agent Keller Williams Realty Evolution

    Listing office Keller Williams Realty Evolution 447 Boston Street, Suite 5, Beverly, MA

    Listing date Sep 3, 2025

    MLS# 73425292 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Build‑ready lot in peaceful Riverwood Estates, surrounded by conservation land.
    • Convenient location: close to highway and minutes to commuter rail to Boston.
    • No builder tie‑in, build to your specifications.
    • Not in a flood zone.
    • Underground utilities: electric, natural gas, and town water.
    • Close proximity to Crane Beach.

    Overview

    This 0.96-acre lot is located in the Riverwood Estates subdivision in Topsfield, Massachusetts. The 12-lot cul-de-sac is surrounded by conservation land and offers convenient access to the highway and commuter rail to Boston. Crane Beach is also nearby. The build-ready lot is not in a flood zone and has underground utilities, including electric, natural gas, and town water. There is no builder tie-in, offering flexibility in designing and constructing a new home to specific preferences. This residential land is zoned IRA. Please do not walk the lot without a real estate agent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topsfield
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.918061
    Latitude
    42.652139

    Nearby Similar for Sale

    • $299,000

      Four Office Condominiums Package

      Four office condos on Route 1, income potential.
      218 Boston Street #multiple, Topsfield, MA 01983
      View Details
    • $399,900
      1,996 SF

      Industrial Condo in New England Park

      High-bay industrial condo with mezzanine in Topsfield's business park.
      461 Boston St A1, Topsfield, MA 01983
      View Details
    • $2,287
      2,000 SF

      Topsfield Office Park Commercial Space

      Versatile 2,000 sq ft commercial space in Topsfield Office Park.
      430 Boston St 209-210, Topsfield, MA 01983
      View Details
    • $2,287
      2,000 SF

      Topsfield Office Park Commercial Space

      Versatile commercial space in a well-managed Topsfield office park.
      430 Boston St #209-210, Topsfield, MA 01983
      View Details
    • $399,900
      1,996 SF

      Topsfield Industrial Condo For Sale

      1996 SF industrial condo with mezzanine near I-95.
      461 Boston St #A1, Topsfield, MA 01983
      View Details
    • $299,000
      1,950 SF

      Four Office Condominiums Package

      Four office condos for sale near Topsfield Fairgrounds.
      218 Boston Street #multiple, Topsfield, MA 01983
      View Details
    • $399,900
      1,996 SF

      Topsfield Industrial Condo with Mezzanine

      1996 SF industrial condo with mezzanine near I-95.
      461 Boston St #A1, Topsfield, MA 01983
      View Details
    • Contact for pricing
      2,000 SF

      Topsfield Office Park Commercial Space

      2,000 sq ft commercial space in Topsfield Office Park.
      430 Boston St #209-210, Topsfield, MA 01983
      View Details
    • Contact for pricing

      Four Office Condominiums Package

      Four office condos for sale, Route 1 location.
      218 Boston Street, Unit multiple, Topsfield, MA 01983
      View Details
    • Contact for pricing
      2,000 SF

      Topsfield Office Park Commercial Space

      2,000 sq ft commercial space in Topsfield Office Park.
      430 Boston Street, Unit 209-210, Topsfield, MA 01983
      View Details
    • $14
      3,900 SF

      Former Bank Branch with Drive-Thru

      Former bank branch in Central Business District with drive-thru.
      30 Main St, Topsfield, MA 01983
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready lot in a convenient cul-de-sac subdivision.
    Where is this residential land & home lot located?
    The property is located at 4 Ruby Circle Topsfield, MA.
    What is the asking price?
    The asking price for this property is $684,900.
    What are key features of this property?
    This property features: Build‑ready lot in peaceful Riverwood Estates, surrounded by conservation land.; Convenient location: close to highway and minutes to commuter rail to Boston.; No builder tie‑in, build to your specifications.
    (978) 887-3995
    We can help!
    Listing Contact
    Keller Williams Realty Evolution
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4 Ruby Circle, Topsfield, MA 01983
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!