10 Lafayette Rd Ipswich — Photo 1 of 42
$669,000
Investment Analysis — 10 Lafayette Rd
Ipswich, MA 01938
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01938 carries an estimated $3,080/mo in gross rent — about a 3.29% cap rate and $22,039/yr in estimated NOI at the $669,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,612
Style
Single Family
Built
1900
Welcome to this fresh and sunny home in an incredible Ipswich location! Enter through the foyer with a functional built-in mudroom nook before stepping into the open main level, where the living room flows seamlessly into the dining area and offers direct access to the back deck. The spacious kitchen offers lots of cabinetry and counter space for cooking, plus a center island perfect for gathering. A convenient half bath completes the main level. Upstairs, you'll find three generously sized, light-filled bedrooms and a full bath. On the lower level, the walkout basement offers loads of storage, plus a semi-finished workout area. Outside, enjoy beautiful landscaping, a fully fenced, level yard and a tranquil back deck recently updated with added privacy—the perfect spot for morning coffee, dinner outside or relaxing at the end of the day. This home has been thoughtfully updated and meticulously cared for by its current owners, with valuable improvements including a newer furnace, central air, EV charger, hardwood floors, updated electrical, and fresh interior paint. All in a location that allows you to enjoy easy access to downtown Ipswich, shops, restaurants and the commuter rail, or spend summer days at Crane Beach with your resident sticker. A special home, deeply loved, and ready for its next owners!
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: 806 sq ft (the lesser of 900 sq ft or half the 1,612 sq ft principal dwelling). Lot size: 5,950 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Alexis Surpitski Macintyre
Listing Office: Ocean's Edge Real Estate
MLS® Number: 73568132
