63 North Ridge Road Ipswich — Photo 1 of 28
Recent Drop: $25,000
$970,000
Investment Analysis — 63 North Ridge Road
Ipswich, MA 01938 — Great Neck
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 1.59% cap rate and $15,395/yr in estimated NOI at the $970,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,439
Style
Single Family
Built
1950
Feel like you are on vacation everyday with the water views of Ipswich Bay! This wonderful 3 bedroom, 1 bath home offers versatility with the space. First floor open concept kitchen, living and dining rooms with cozy wood stove. Two bedrooms and full bath complete the first level. Upstairs boasts a large bedroom and sitting room with amazing views of the ocean. Storage shed outside for beach and yard tools. Two off street parking spaces. Brand new 3 bedroom septic system. Join the Association of Great Neck for a modest fee to access to Clarke beach where you can store your canoe or kayak for easy water access. Ipswich offers great shops, restaurants, commuter rail and Crane Beach.
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: 720 sq ft (the lesser of 900 sq ft or half the 1,439 sq ft principal dwelling). Lot size: 6,500 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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23 x 13
Wood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet, Window(s) - Picture, Deck - Exterior, Slider
Dining Room
Lvl First9 x 9
Flooring - Laminate, Slider
Kitchen
Lvl First16 x 6
Flooring - Laminate
Master Bedroom
Lvl Second23 x 13
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First7 x 12
Bedroom 3
Lvl First7 x 12
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6 x 5
Bathroom - Full, Bathroom - With Tub & Shower
Property History
$970,000
Was $995,000
Jun 14, 2026
MLS® 73490417
$995,000
Mar 23, 2026
MLS® 73490417
$1,050,000
Dec 28, 2025
MLS® 73404019
$1,050,000
Jul 14, 2025
MLS® 73404019
Listing Agent: Josephine Mehm Baker
Listing Office: J. Barrett & Company
MLS® Number: 73490417
