10 John Wise Avenue #B Essex — Photo 1 of 41
$1,350,000
Investment Analysis — 10 John Wise Avenue #B
Essex, MA 01929
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01929 carries an estimated $3,080/mo in gross rent — about a 0.63% cap rate and $8,542/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
2,425
Style
Condominium
Built
2026
Introducing 10B John Wise Avenue, a newly constructed townhome set within a beautifully landscaped 1.75-acre condominium property. Thoughtfully crafted for effortless coastal living, this home offers three finished levels with bright, open spaces, 9-foot ceilings on the main and second levels, and refined details throughout. The main living area features a waterfall quartz kitchen, seamless dining and living space, and easy access to the back patio and yard. A guest en-suite opens to a private covered deck with views toward Gloucester and Ipswich, while the upper level offers another en-suite bedroom, laundry, and a serene primary suite with soaking tub and private balcony. The lower level adds flexible finished space, garage access, and a custom beach/dog wash shower. Granite steps, paver patios, cobblestone borders, curated plantings, and exclusive-use outdoor space complete this exceptional new construction near Essex Village, marinas, trails, and conservation land.
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 MLS and other third-party data may be inaccurate or out of date.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
Microwave • ENERGY STAR Qualified Refrigerator • Wine Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood • Cooktop • Oven
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl FirstFamily Room
Lvl nullFlooring - Hardwood, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl SecondWalk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Double Vanity, Recessed Lighting
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Jenna Lovely
Listing Office: The Lovely Advisory LLC
MLS® Number: 73534092
