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Essex 01938
8 Lillian Dr
Photo of 8 Lillian Dr
Sold on Jul 24, 2025

40

Map

Photo of 8 Lillian Dr
Photo of 8 Lillian Dr
$900,000
● House - Off Market

8 Lillian Dr

Ipswich, MA 01938
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,412 Ft²
$6,247
Est. Monthly
4.21%
Cap Rate

About This Property

Welcome to 8 Lillian Dr., a beautifully maintained home offering comfort, space, and timeless charm in one of Ipswich's most desirable neighborhoods. This colonial style property features a warm and inviting layout with generous living spaces ideal for entertaining and everyday living. Enjoy a sun-filled living room, formal dining area, and a well-appointed kitchen that opens to a cozy family room with fireplace. Upstairs offers 4 spacious bedrooms, including a primary suite with private bath. The large yard provides the perfect setting for outdoor gatherings, gardening, or play. Situated on a quiet dead end street just minutes from downtown Ipswich, Hoods Pond, Crane Beach, schools, and the commuter rail. A fantastic opportunity to enjoy coastal living with suburban convenience.
Unit Size
2,412 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$456
Property Type
House
Property Taxes
$845
HOA Dues
-
Year Built
1983

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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: 2 years ago (MLSPIN #73381384)

Price History

Date / Event Date Event Price
Jul 24, 2025 Sold
Premium
Sold
Jun 26, 2025 In contract -
In contract
May 28, 2025 Listed $1,100,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,492
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 3,009
  • Gross Building Area: 4,158
  • Building Area: 3,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,009
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IPSWICH
  • Land Acres: 0000001090
  • 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:37B B:0094 L:0
  • Block: 94
  • Municipality: IPSWICH
  • Latitude: 42.6804
  • Longitude: -70.9346

    Address

  • Full Address: 8 Lillian Dr
  • Address - House Number: 8
  • Address - Street Name: Lillian
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Ipswich
  • Carrier Code: C010
  • 4-Digit Zip Code: 1044
  • Zip Code: 01938

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $944,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 976,789
  • High Value: 1,131,077
  • Low Value: 822,501

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $830,000
  • Assessed Land Value: $394,500
  • Assessed Improvements Value: $435,500
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: 2 years ago
Data Source: MLS PIN, MLS# 73381384

Frequently Asked Questions

When was property at 8 Lillian Drive built and last sold?
The property at 8 Lillian Drive was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Lillian Drive is $0.
What are some comparable homes to 8 Lillian Drive?
There are currently no comparable homes to 8 Lillian Drive.
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