16 Appleton Park #E4 Ipswich — Photo 1 of 31
$349,900
Investment Analysis — 16 Appleton Park #E4
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 4.36% cap rate and $15,252/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
815
Style
Condominium
Built
1968
FULLY FURNISHED and Immaculate condition! This 2-bedroom, 1-bath condominium is located in a highly desirable Ipswich location. Move right in and enjoy the updated kitchen with adjacent dining area, renovated full bathroom, and spacious family room. This property is an ideal primary residence, second home, or investment opportunity. Relax on the adorable private balcony overlooking the beautifully maintained courtyard. The property includes assigned parking and ample visitor parking. Additional highlights include ample closet space and true move-in-ready condition. Ideally situated within easy walking distance to downtown Ipswich, you'll enjoy convenient access to local restaurants, shops, beaches, and the train station for travel to Boston. A convenient laundry facility is located within the building. Don't miss this opportunity to enjoy coastal living in one of the North Shore's most charming communities. Truly turnkey!
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 MLS and other third-party data may be inaccurate or out of date.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
Shopping • House of Worship • Marina • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 20
Flooring - Wood
Dining Room
Lvl First14 x 9
Kitchen
Lvl First8 x 7.8
Flooring - Stone/Ceramic Tile, Remodeled
Master Bedroom
Lvl First13 x 11
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First14 x 9.7
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Remodeled
Listing Agent: Pamela Spica
Listing Office: Coldwell Banker Realty - Manchester
MLS® Number: 73558732
