Active
24 Days on market
204 Lilac Meadows Way #204 Ipswich — Photo 1 of 30

204 Lilac Meadows Way #204 Ipswich — Photo 1 of 30

$549,900

Investment Analysis — 204 Lilac Meadows Way #204

Ipswich, MA 01938

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 3.33% cap rate and $18,320/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,226

Style

Condominium

Built

1998

Discover the charm of historic Ipswich at 204 Lilac Meadows Way, a well maintained 1998 townhouse style condominium in the desirable Lilac Meadows community. Offering 3 bedrooms, 1.5 bathrooms and approximately 1,226 square feet of living space, this home combines comfort, convenience, and low maintenance living.The spacious kitchen features a pantry, dining area and direct access to a private patio, perfect for outdoor dining, gardening or relaxing. The inviting living room is filled with natural light and showcases a cozy fireplace, creating a warm and welcoming atmosphere. An in-unit laundry area, pull-down attic storage and a detached one-car garage provide additional functionality and storage options. The professionally managed association includes exterior maintenance, landscaping, snow removal and master insurance, allowing for an easy lifestyle. Conveniently located just minutes from downtown Ipswich, residents can enjoy local restaurants, shopping and everyday amenities, while commuters will appreciate easy access to Route 95. Whether you're looking for your first home, downsizing or seeking a turnkey property in a charming New England town, this attractive condominium is an exceptional opportunity. Don't miss it!

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$549,900
Annual Taxes$4,898
HOA Fee$406

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Carpet, Laminate
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoning00

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Closet, Flooring - Wood, Exterior Access

Dining Room
Lvl First

Ceiling Fan(s), Flooring - Wood, Exterior Access, Slider

Kitchen
Lvl First

Flooring - Wood, Open Floorplan, Lighting - Overhead

Master Bedroom
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Patricia Nunez

Listing Office: Redfin Corp.

MLS® Number: 73565833