13 Brown Street Ipswich — Photo 1 of 4
$1,299,900
Investment Analysis — 13 Brown Street
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 1.72% cap rate and $22,309/yr in estimated NOI at the $1,299,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,170
Style
Single Family
Built
1958
Development opportunity at #13 combined w/ portion of #7 to create 29,545 sf lot within General Business District & 3A Multi-family Overlay District-2 (MOD-2), 3A allowing 12 (1 affordable) multi-family units “as of right” to promote in-town housing w/in close proximity to MBTA w/out special permit, only site plan review. Zero min. frontage, 10 ft front building setback, zero side setback & 20 ft rear setback. Seller conducted all preliminary inquiries & site visits with necessary municipal agencies including Planning Dept.; DPW; Water/Sewer; Conservation Agent; Conservation Commission (Citizen’s Query); & MBTA. Complete land survey available with proposed lot line division. Wetland Resource Areas identified by Environmental Consultant and clean 21E w/ Environmental Site Assessment Phase I & II conducted & inspection reports available for both 7 & 13. Existing natural gas, town water/sewer & electrical currently servicing existing dwelling. Agent on-site Friday 5/8, 2-3 p.m.
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: 585 sq ft (the lesser of 900 sq ft or half the 1,170 sq ft principal dwelling). Lot size: 29,545 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
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl FirstKitchen
Lvl FirstMaster Bedroom
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Lvl SecondProperty History
$1,299,900
May 6, 2026
MLS® 73513727
$1,299,900
May 6, 2026
MLS® 73513916
Listing Agent: Carrie Cole
Listing Office: WC Residential Realty, LLC
MLS® Number: 73513727
