
204 Lilac Meadows Way #204 Ipswich — Photo 1 of 30
$549,900
Investment Analysis — 204 Lilac Meadows Way #204
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 3.33% cap rate and $18,320/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,226
Style
Condominium
Built
1998
Discover the charm of historic Ipswich at 204 Lilac Meadows Way, a well maintained 1998 townhouse style condominium in the desirable Lilac Meadows community. Offering 3 bedrooms, 1.5 bathrooms and approximately 1,226 square feet of living space, this home combines comfort, convenience, and low maintenance living.The spacious kitchen features a pantry, dining area and direct access to a private patio, perfect for outdoor dining, gardening or relaxing. The inviting living room is filled with natural light and showcases a cozy fireplace, creating a warm and welcoming atmosphere. An in-unit laundry area, pull-down attic storage and a detached one-car garage provide additional functionality and storage options. The professionally managed association includes exterior maintenance, landscaping, snow removal and master insurance, allowing for an easy lifestyle. Conveniently located just minutes from downtown Ipswich, residents can enjoy local restaurants, shopping and everyday amenities, while commuters will appreciate easy access to Route 95. Whether you're looking for your first home, downsizing or seeking a turnkey property in a charming New England town, this attractive condominium is an exceptional opportunity. Don't miss it!
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Wood, Exterior Access
Dining Room
Lvl FirstCeiling Fan(s), Flooring - Wood, Exterior Access, Slider
Kitchen
Lvl FirstFlooring - Wood, Open Floorplan, Lighting - Overhead
Master Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Patricia Nunez
Listing Office: Redfin Corp.
MLS® Number: 73565833
