$920,000
●
Condo -
Off Market
2 Dow Brook Circle #33
Ipswich, MA 01938
3 Beds
3 Baths,
1
Half Bath
2,599 Ft²
$4,517
Est. Monthly
$220
HOA / Fees
4.36%
Cap Rate
About This Property
DO NOT DELAY. Scoop up the last unit at Farm Village,
Ipswich. This is an attached townhome. Enjoy maintenance free
living in these beautiful, architect-designed homes adjacent to 40+
acres of open space, minutes to downtown. Thoughtfully
designed & appointed kitchen/dining/great rooms. Standard
amenities: granite counters, SS appliances, HW floors, Central AC,
gas heat & full size WD hook up. This listing EUA #33, "MAYAPPLE"
is 2,500+ sq. ft of living space and will have delivery end of
October. 3 bedrooms, 2.5 baths, loft and additional flex space. 1st
fl. main suite, large closet & spacious tiled bath w/ double
vanity, laundry, 2 car garage, along w/ spectacular open
kitchen/dining/living room w/ vaulted ceiling and gas fireplace and
deck. Full basement may be finished. Resident beach sticker,
recreation opportunities, great restaurants & all Ipswich offers
including MBTA train to Boston. DO NOT GO ONSITE W/OUT BROKER
Unit Size
2,599 Ft²
Days on Market
-
Land Size
-
Price per sqft
$337
Property Type
Condo
Property Taxes
-
HOA Dues
$220
Year Built
2023
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MLSPIN #73082136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Price Decreased |
$874,900
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Oct 6, 2023 | Price Increased |
$879,900
↑ $5K
(0.6%) | |
| Price Increased | |||
| Oct 6, 2023 | Price Decreased |
$874,900
↓ $24K
(2.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Main, First
Width: 13.5
Length: 14.9
Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove
Area: 201.15
Level: First
Area: 49.6
Width: 8
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Length: 6.2
Area: 29.119999
Features: Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid
Length: 5.6
Level: First
Width: 5.2
Level: Second
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Width: 19.11
Length: 13
Area: 248.43
Width: 9.3
Features: Flooring - Hardwood, Open Floorplan, Recessed Lighting
Length: 14.9
Level: Main, First
Area: 138.57
Features: Flooring - Wall to Wall Carpet
Width: 10.1
Length: 14.5
Area: 146.45
Level: Second
Length: 14.9
Level: Main, First
Area: 244.359999
Features: Flooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting
Width: 16.4
Width: 10.7
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Area: 64.199999
Length: 6
Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main, First
Length: 14.9
Width: 13.1
Area: 195.19
Length: 9.1
Level: Second
Area: 156.519999
Features: Flooring - Wall to Wall Carpet
Width: 17.2
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Office, Loft
Appliances: Range, Dishwasher
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, Electric Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Farm Village
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: 5223671
Water Source: Public
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Road Maintenance, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $220
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2023
|
3 Bed
|
3 Bath
|
2599 ft²
|
$939,900
3 Bed
3 Bath
2599 ft²
|
$920,000
-2.12%
03/07/2024
|
Alexandra Cutler
J. Barrett & Company
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017