8 Hammatt St #8 Ipswich — Photo 1 of 29
Recent Drop: $176,000
$599,000
Investment Analysis — 8 Hammatt St #8
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 3.46% cap rate and $20,704/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,683
Style
Condex
Built
1857
SELLER OFFERING UP TO $10K TOWARD RATE BUYDOWN OR CLOSING COST CREDITS! Check out this freshly renovated condo in the heart of Ipswich! On the first floor, gleaming hardwood floors span the bright open living and dining area, and the brand new kitchen boasting quartz counters, stainless steel appliances and gold hardware creating an elevated vibe. A convenient half bath is tucked away by the rear entrance. The second floor offers two large bedrooms with large closets and brand new carpet, laundry hookups, and a jack-and-jill bath complete with stylish double vanity and tiled shower. A spacious third floor primary suite enjoys its own large closet and private three-quarter bath. The exterior offers dedicated off-street parking for two cars and exclusive yard space. Everything has been done - the windows, roof, vinyl siding, wiring, plumbing and heat pumps/mini-splits are ALL NEW! Great location, with Depot Square, Market Street, and the commuter rail station just around the corner.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Master Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity
Bathroom 3
Lvl ThirdBathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Property History
$599,000
Was $650,000
Jul 6, 2026
MLS® 73505972
$650,000
Was $699,900
Jun 10, 2026
MLS® 73505972
$699,900
Was $729,900
May 29, 2026
MLS® 73505972
$729,900
Was $775,000
May 4, 2026
MLS® 73505972
$775,000
Apr 22, 2026
MLS® 73505972
Listing Agent: Jennifer Lamoureux
Listing Office: Moor Realty Group
MLS® Number: 73505972