$285,120
●
Condo -
Off Market
UNIT 8 Mill Place Townhouses #82TYPEA
Ipswich, MA 01938
2 Beds
3 Baths,
1
Half Bath
1,491 Ft²
$742,193
RealtyHop Estimate
185.57%
Since Dec 1, 2000
National-US
Primary Model
About This Property
WALK TO TOWN CENTER AND TRAIN FROM THESE NEW TOWNHOUSES NOW BEING
CONSTRUCTED BY SYMES. GREAT DESIGN AND FEATURES. CALL TODAY FOR
MORE INFORMATION STREET ADDRESS IS 16 NEW MILL PLACE
Unit Size
1,491 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
Condo
Property Taxes
-
HOA Dues
$199
Year Built
1975
Payment Calculator
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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 years ago (MLSPIN #30415787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2000 | Sold | ||
| Sold | |||
| May 31, 2000 | Listed | $259,900 | |
| Listed | |||
Property Highlights
Garage
Parking Available
Interior Details
Level: First
Level: Second
Features: Bathroom - Full
Level: Second
Features: Bathroom - Half
Level: First
Level: First
Level: First
Level: Second
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bathroom - Full, Bathroom
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Vinyl
Laundry Features: Second Floor, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Approximate, Under Construction
PropertySubType: Condominium
Building Name: Mill Place Townhouses
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: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 000
Utilities Details
Utilities: for Electric Range, Washer Hookup
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $199
Community Features: Public Transportation
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 |
|---|---|---|---|---|---|---|---|
|
10/20/2025
| |
3 Bed
|
4 Bath
|
4403 ft²
|
$1,395,000
3 Bed
4 Bath
4403 ft²
|
$1,475,000
+5.73%
12/12/2025
|
Melissa Lane
J. Barrett & Company
|
|
08/22/2003
|
3 Bed
|
3 Bath
|
1647 ft²
|
$365,000
3 Bed
3 Bath
1647 ft²
|
$365,000
09/29/2003
|
Janet Emmons
Coldwell Banker Residential Brokerage - Salem
| |
|
05/31/2000
|
2 Bed
|
3 Bath
|
1491 ft²
|
$259,900
2 Bed
3 Bath
1491 ft²
|
$285,120
+9.70%
11/28/2000
|
Cheryl Harrington
Keller Williams Realty Evolution
| |
|
08/03/1999
| |
3 Bed
|
3 Bath
|
2128 ft²
|
$284,900
3 Bed
3 Bath
2128 ft²
|
$284,900
01/28/2000
|
Gail Tufts
RE/MAX On The River, Inc.
|
|
05/13/1998
| |
3 Bed
|
2 Bath
|
3100 ft²
|
$399,000
3 Bed
2 Bath
3100 ft²
|
$358,000
-10.28%
05/15/1998
|
Judith Hanson
J. Barrett & Company
|
Building Info
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