6 Essex Road #15 Ipswich — Photo 1 of 40
$570,000
Investment Analysis — 6 Essex Road #15
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 1.49% cap rate and $8,518/yr in estimated NOI at the $570,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,557
Style
Condominium
Built
2006
Welcome to Southgate #15, a stunning top-floor retreat where soaring cathedral ceilings and natural light take center stage. This spacious two-story condominium feels like a sanctuary, anchored by a cozy gas fireplace in the living area that’s perfect for chilly evenings. The main level features a primary suite designed for relaxation, complete with a walk-in closet and a private bathroom featuring a king-size soaking tub.Upstairs, a second bedroom with its own full bath offers plenty of privacy, while the open loft makes for an inspiring home office overlooking the dramatic living space below. Love the outdoors? You’ll have two private decks—one in front and one in back—ready for sunset toasts. The kitchen shines with custom cabinetry and updated appliances, flowing into a sun-drenched dining area. With the commuter rail, downtown Ipswich, and the exquisite Crane Beach just minutes away, this turnkey home is ready for its next chapter.
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 MLS and other third-party data may be inaccurate or out of date.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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Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBathroom - Half, Cathedral Ceiling(s), Flooring - Hardwood, Balcony / Deck, Exterior Access, Open Floorplan
Dining Room
Lvl FirstCathedral Ceiling(s), Flooring - Hardwood, Balcony / Deck, Open Floorplan
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Gas Stove
Primary Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl FirstBathroom - Half
Property History
$570,000
Jul 13, 2026
MLS® 73548588
$600,000
Jul 31, 2025
MLS® 73366458
$600,000
Apr 29, 2025
MLS® 73366458
Listing Agent: Margo Desimon
Listing Office: J. Barrett & Company
MLS® Number: 73548588