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Ipswich 01938
2 Warren St
$339,000
● House - Off Market

2 Warren St

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,183 Ft²
$659,592
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Charming, in-town Colonial located on quiet side street.  Light-filled, high ceilings, hardwood floors throughout.  Recently renovated eat-in kitchen with granite counters, farmer/apron sink and birch cabinets.  Environmentally friendly pellet stove.  Private, fenced-in yard with deck/patio and perennial gardens.  Leave the car at home to go zagat rated restaurants, commuter rail,  library, elem school and more.
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$287
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #71525486)

Price History

Date / Event Date Event Price
Aug 19, 2013 Sold
Premium
Sold
May 14, 2013 Listed by J. Barrett & Company $339,000
Listed by J. Barrett & Company
Apr 29, 2005 Sold
Premium
Sold
Mar 8, 2005 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 676
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,522
  • Total Building Area: 1,246
  • Gross Building Area: 1,578
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITTIER MEADOWS COND
  • Land Acres: 0000000058
  • 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: 223200

Zoning

  • Zoning: IR

Geography

  • Parcel: IPSW M:42A B:0270 L:0
  • Block: 270
  • Municipality: IPSWICH
  • Latitude: 42.6818
  • Longitude: -70.8369

    Address

  • Full Address: 2 Warren St
  • Address - House Number: 2
  • Address - Street Name: Warren
  • Address - Suffix Type: St
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C003
  • 4-Digit Zip Code: 1924
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $477,400

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 552,161
  • High Value: 642,598
  • Low Value: 461,725

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,500
  • Assessed Land Value: $227,400
  • Assessed Improvements Value: $192,100

    Sales

  • Current Sale Recording Date: Aug 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 186
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Amount: $396,000
  • 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 Ipswich

Stats & Trends

Median Asking:

$699,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1616 ft²

Average Home Age

98.9 years

Currently For Sale

18 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71525486

Frequently Asked Questions

When was property at 2 Warren Street built and last sold?
The property at 2 Warren Street was built in 1900 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 2 Warren Street is $352,616.
What are some comparable homes to 2 Warren Street?
There are currently no comparable homes to 2 Warren Street.
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