Active Under Contract
17 Days on market
42 Avery Street Ipswich — Photo 1 of 26

42 Avery Street Ipswich — Photo 1 of 26

$579,900

Investment Analysis — 42 Avery Street

Ipswich, MA 01938

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01938 carries an estimated $2,560/mo in gross rent — about a 3.14% cap rate and $18,195/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,055

Style

Single Family

Built

1958

Charming ranch-style home offering convenient single-floor living with flexible 2–3 bedroom space and many recent updates. The interior has been freshly painted and features newer vinyl flooring throughout, creating a clean and inviting feel. The kitchen includes new appliances, along with a new washer and dryer. Newer windows and a new high-efficiency heating system provide added comfort and efficiency. The versatile floor plan offers flexibility for bedrooms, office space, or other living needs. Enjoy the outdoors in the large, flat, fully fenced backyard—perfect for entertaining, gardening, play, or relaxing. The property also features a one-car oversized garage, providing ample space for parking, storage, or a workshop.

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: 528 sq ft (the lesser of 900 sq ft or half the 1,055 sq ft principal dwelling). Lot size: 10,200 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$579,900
Annual Taxes$5,152

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl
BasementNone

Climate & Utilities

HeatingBaseboard, Natural Gas, Wood Stove
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationSlab
ZoningIR

Property & Lot

Acres0.23
SqFt Lot10,200
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Nicole Reid

Listing Office: Aluxety

MLS® Number: 73568828