42 Avery Street Ipswich — Photo 1 of 26
$579,900
Investment Analysis — 42 Avery Street
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 3.14% cap rate and $18,195/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,055
Style
Single Family
Built
1958
Charming ranch-style home offering convenient single-floor living with flexible 2–3 bedroom space and many recent updates. The interior has been freshly painted and features newer vinyl flooring throughout, creating a clean and inviting feel. The kitchen includes new appliances, along with a new washer and dryer. Newer windows and a new high-efficiency heating system provide added comfort and efficiency. The versatile floor plan offers flexibility for bedrooms, office space, or other living needs. Enjoy the outdoors in the large, flat, fully fenced backyard—perfect for entertaining, gardening, play, or relaxing. The property also features a one-car oversized garage, providing ample space for parking, storage, or a workshop.
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: 528 sq ft (the lesser of 900 sq ft or half the 1,055 sq ft principal dwelling). Lot size: 10,200 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 MLS and other third-party data may be inaccurate or out of date.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
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstListing Agent: Nicole Reid
Listing Office: Aluxety
MLS® Number: 73568828
