60 Prospect Street Ipswich — Photo 1 of 36
$1,195,000
Investment Analysis — 60 Prospect Street
Ipswich, MA 01938
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01938 carries an estimated $3,390/mo in gross rent — about a 1.65% cap rate and $19,697/yr in estimated NOI at the $1,195,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,950
Style
Single Family
Built
2002
Beautiful, spacious Colonial set at the end of long private drive on 4 acres abutting conservation land & trails. Large rooms w HW flooring, abundant closet space, & expansive windows w great natural light that showcases the surrounding beauty. Outdoor enthusiasts will appreciate direct access to trails from backyard, perfect for hiking, biking, skiing & more. This exceptional home offers room to expand in the walk-out lower level & features amenities that make self-sufficient living a possibility, including solar panels, well water & wood stove. With ample open space, there's plenty of room to add a pool, stable, or other outdoor amenities. The screened porch is an inviting retreat you'll never want to leave, while the expansive deck spanning the entire rear of home provides the perfect setting for entertaining or simply enjoying the peaceful natural surroundings. Privately tucked away, yet conveniently close to everything. Don't delay in calling Ipswich & Cranes Beach home.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,950 sq ft principal dwelling). Lot size: 165,964 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood, Exterior Access
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl FirstWood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floorplan
Master Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile, Wainscoting
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub
Property History
$1,195,000
Sep 7, 2026
MLS® 73572694
$1,195,000
Aug 31, 2026
MLS® 73532852
$1,195,000
Jun 9, 2026
MLS® 73532852
Listing Agent: Sonia Johnson
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73572694
