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158 Argilla Road Ipswich — Photo 1 of 27

158 Argilla Road Ipswich — Photo 1 of 27

$2,100,000

Investment Analysis — 158 Argilla Road

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 0.80% cap rate and $16,727/yr in estimated NOI at the $2,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,126

Style

Single Family

Built

1961

Set on approximately 32± acres on scenic Argilla Road, this single-story ranch-style home is approached by a long, winding driveway bordered by open fields and paddocks gradually rising to the crest of a coastal drumlin at almost 98 feet. The house offers exceptional northwesterly views across the expansive marsh and the Labor-in-Vain Creek. Originally built as a summer cottage, the home was winterized and renovated in 1961, followed by an extensive renovation in 2009–2010. The house offers four bedrooms, three full baths, and one-half bath, a detached two-car garage, a tennis court, and a storage shed. A conservation restriction held by Essex County Greenbelt protects all but approximately three acres of the property, preserving the open landscape while allowing for agricultural and equestrian activities and improvements. Located just moments from Crane Beach in one of the North Shore's most spectacular coastal settings.Please do not drive by.

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 3,126 sq ft principal dwelling). Lot size: 1,378,674 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

Original Price$2,100,000
Annual Taxes$14,190

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces2
Flooring--
BasementPartial, Unfinished

Climate & Utilities

HeatingBaseboard
CoolingOther
WaterPrivate, Other
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRRA

Property & Lot

Acres31.65
SqFt Lot1,378,674
Lot FeaturesEasements, Cleared, Marsh, Sloped

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2Bathroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bedroom 4
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Bathroom 3
Lvl First
Listing Provided By

Listing Agent: Monahan Barker Team

Listing Office: LandVest, Inc., Ipswich

MLS® Number: 73539773