Investment Analysis — 22 Pineswamp Rd

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 1.79% cap rate and $19,684/yr in estimated NOI at the $1,097,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,331

Style

Single Family

Built

1986

Tucked away on one of Ipswich's most coveted streets, this oversized Cape offers the kind of privacy and space that's increasingly hard to find- all on a serene 1+ acre lot. Inside, an expansive kitchen opens to an inviting family room, sunroom, fireplaced living room, and formal dining room round out a light-filled first floor built for everyday living and entertaining. Upstairs, the primary suite stuns with a cathedral ceiling, skylight, and an oversized walk-through closet with room to expand. Outside, a sprawling deck overlooks lush plantings, open lawn, and a fire pit area shaded by mature trees. Two car attached garage with an unfinished bonus room above provides endless possibilities. Location seals the deal: one of the few streets in Ipswich where you can get a large, lot and quiet street yet still get to town in minutes. Crane's Beach, MBTA station, downtown Ipswich's shops and restaurants, Willowdale State Forest, Turkey Hill Conservation Area, and Bialek Park are all just minutes away, putting the best of Ipswich right at your doorstep. OFFER DEADLINE: Any and all offers due Tuesday 9/29 at 3pm

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 2,331 sq ft principal dwelling). Lot size: 44,431 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.

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