Active
47 Days on market
117 High Street #2 Ipswich — Photo 1 of 29

117 High Street #2 Ipswich — Photo 1 of 29

$599,000

Investment Analysis — 117 High Street #2

Ipswich, MA 01938

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01938 carries an estimated $2,560/mo in gross rent — about a 2.13% cap rate and $12,758/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,137

Style

Condominium

Built

1886

Welcome home to this beautifully maintained first-floor condo nestled in a charming brick building. Thoughtfully updated and move-in ready, this inviting home features a whole-condo water filtration system, two bedrooms, one on the first floor, with 2 upgraded bathrooms, and custom window shades throughout that add both style and privacy.The updated bathrooms offers modern finishes, while the freshly painted interior provides a bright, clean feel throughout. One of the home's standout features is the incredible workshop and storage area—a dream space for hobbyists, DIY enthusiasts, or anyone needing exceptional storage. But even better, when you step outside you get the feeling of privacy while you stand on your deck, complete with a retractable awning, creating the perfect setting for morning coffee, outdoor dining, or relaxing in the shade. Additional highlights include two deeded parking spaces, offering convenience that is hard to find. Combining comfort, functionality, and exceptional outdoor living, this condo is a rare opportunity you won't want to miss!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$599,000
Annual Taxes$5,489
HOA Fee$425

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Hardwood
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s), None
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
Roof--
Foundation--
Zoning1R

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Washer/Dryer

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bathroom 2
First
Living RoomMaster BedroomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

Flooring - Wood

Kitchen
Lvl Main,First

Window(s) - Bay/Bow/Box, Dining Area, Deck - Exterior, Gas Stove

Master Bedroom
Lvl First

Flooring - Wood, Cable Hookup

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Diane Mayo

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73555498