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Ipswich 01938
28 Brown Sq
$562,000
● House - Off Market

28 Brown Sq

Ipswich, MA 01938
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,298 Ft²
$566,370
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Best bargain in town!! Builders say bring offers!! Amazing 3 bedroom, with two 3/4 bath's. This home has period charm offered for the first time for sale since full renovation. The home has been remodeled with new floors, bathrooms, siding, roof, electrical, fully insulated, new windows & door's even mechanicials are state of the art plus central air for comfort living. The new custom kitchen cabinets with granite counters are ready for a holiday meal. This home is nestled in the heart of Ipswich downtown area and has close proximity to shopping, restaurants plus train into Boston and still a short trip to Crane's beach.  The home has ample parking with nice private yard for summer activities.
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$424
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72918172)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Nov 9, 2021 Listed by SmartHomes Realty $549,999
Listed by SmartHomes Realty
Dec 29, 2020 Sold
Premium
Sold
Nov 23, 2020 Listed by SmartHomes Realty $299,900
Listed by SmartHomes Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 714
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 1,298
  • Gross Building Area: 2,383
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: GB

Geography

  • Parcel: IPSW M:41B B:0289 L:0
  • Block: 289
  • Municipality: IPSWICH
  • Latitude: 42.6805
  • Longitude: -70.8404

    Address

  • Full Address: 28 Brown Sq
  • Address - House Number: 28
  • Address - Street Name: Brown
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C003
  • 4-Digit Zip Code: 1831
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 614,213
  • High Value: 714,813
  • Low Value: 513,614

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,600
  • Assessed Land Value: $286,300
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220325001140
  • Previous Sale Recording Date: Dec 29, 2020
  • Previous Sale Contract Date: Dec 28, 2020
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: O
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

1668 ft²

Average Home Age

101.5 years

Currently For Sale

17 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# 72918172

Frequently Asked Questions

When was property at 28 Brown Square built and last sold?
The property at 28 Brown Square was built in 1900 and last sold on Mar 25, 2022 for $562,000.
How much is this home worth?
The estimated value of the home located at 28 Brown Square is $545,928.
What are some comparable homes to 28 Brown Square?
There are currently no comparable homes to 28 Brown Square.
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