For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Essex 01938
2 Hodgkins Drive
Photo of 2 Hodgkins Drive
Sold on Sep 2, 2005

1

Map

$485,000
● House - Off Market

2 Hodgkins Drive

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,992 Ft²
$832,509
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

This home is located in one of  one of the most sought after neighborhoods in Ipswich.  Great location on a corner lot next to conservation land.  This beautifully maintained Gambrel has a sunken family room.  Large kitchen, formal dinning room, and front to back living room with fireplace.  Generous bedrooms, with a bath and a half.   Playroom in basement.  Stainless steel appliances, newer light fixtures and ceiling fans. Cathedral ceilings in family room.  Hardwood floors throughout.
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$240
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1970

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (MLSPIN #70236905)

Price History

Date / Event Date Event Price
Sep 2, 2005 Sold
Premium
Sold
Aug 5, 2005 Listed $479,000
Listed
Aug 26, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,501
  • Total Building Area: 1,992
  • Gross Building Area: 2,966
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ipswich School District
  • School Tax School District: IPSWICH SD
  • Census Tract: 223300

Zoning

  • Zoning: RRA

Geography

  • Parcel: IPSW M:41D B:0166 L:0
  • Block: 166
  • Municipality: IPSWICH
  • Latitude: 42.6757
  • Longitude: -70.8495

    Address

  • Full Address: 2 Hodgkins Dr
  • Address - House Number: 2
  • Address - Street Name: Hodgkins
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C009
  • 4-Digit Zip Code: 1631
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $690,900

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 739,204
  • High Value: 866,166
  • Low Value: 612,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,100
  • Assessed Land Value: $331,000
  • Assessed Improvements Value: $276,100

    Sales

  • Current Sale Recording Date: Sep 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 26, 2003
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2546 ft²

Average Home Age

73.2 years

Currently For Sale

1483 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70236905

Frequently Asked Questions

When was property at 2 Hodgkins Drive built and last sold?
The property at 2 Hodgkins Drive was built in 1970 and last sold on Jan 1, 1970 for $485,000.
How much is this home worth?
The estimated value of the home located at 2 Hodgkins Drive is $500,656.
What are some comparable homes to 2 Hodgkins Drive?
There are currently no comparable homes to 2 Hodgkins Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Ipswich Homes for Sale
Ipswich Houses for Sale
Ipswich Condos for Sale
Ipswich Townhouses for Sale
Ipswich Multifamily for Sale
Ipswich Land for Sale
Ipswich Commercial for Sale
Ipswich Homes with Basements
Nearby Cities
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Gloucester Homes for Sale
Newburyport Homes for Sale
Danvers Homes for Sale
Nearby Property Records
Essex County, MA Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Hillsborough County, NH Property Records
York County, ME Property Records
Neighborhoods
Peabody Town Center Real Estate
Tower Hill Real Estate
Salem Neck Real Estate
Prospect Hill - Back Bay Real Estate
Arlington Real Estate
Mount Vernon Real Estate
North Salem Real Estate
South Common Real Estate
Nearby Counties
Haverhill Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Peabody Homes for Sale
Beverly Homes for Sale
Andover Homes for Sale
North Andover Homes for Sale
Gloucester Homes for Sale
Top Real Estate Agents
Top Agents in Ipswich
Top Agents in Haverhill
Top Agents in Haverhill
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844
Top Agents in Lawrence
Top Agents in Lawrence