
12 Capeview Road Ipswich — Photo 1 of 42
$1,349,000
Investment Analysis — 12 Capeview Road
Ipswich, MA 01938
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01938 carries an estimated $3,080/mo in gross rent — about a 1.00% cap rate and $13,541/yr in estimated NOI at the $1,349,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,480
Style
Single Family
Built
2015
Year-round vacation life can be yours in this delightful Great Neck home near Pavilion Beach, Pirate Park and the Ipswich Bay Yacht Club. And let’s not forget about the fabulous coastal views from the grounds and the second-floor deck. Built in 2015 with 3 bedrooms and 3 bathrooms, this spacious 2,400+ prettily landscaped gem has wonderful indoor amenities, too. Hardwood flooring throughout the home complements the contemporary open floor plan featuring a sizable foyer, 1st floor office and a convenient full bathroom with a walk-in shower and laundry facilities. A charming farmer’s sink is only one highlight in the kitchen with stainless steel appliances, substantial counter space, a wall of built-in cabinetry and direct access to a well-planned pantry/coat room in the mudroom with an entrance to the driveway. This chef’s haven opens to a generous dining area and family room with built-ins overlooking the yard and glass sliders to a sprawling Trex deck with water views. Big, big and bigger describe the three generous bedrooms upstairs. Two share a full bathroom with tile flooring. Consider the primary suite your personal escape with a spacious tile floored bathroom with a walk-in shower, walk-in closet and a deck destined for daytime sunbathing, night-time star gazing and all-round serene retreat. Currently unfinished, the lower level is ready for your ideas, needs and desires. Outside you will find a fenced yard, outdoor shower and storage shed! It’s a fantastic weekend/second home too. Bonus: Boating, swimming, biking, hiking, and golf are practically around the corner and the commuter train is only a quick drive away!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,480 sq ft principal dwelling). Lot size: 7,031 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20.833333333 x 14.75
Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Exterior Access
Kitchen
Lvl Main,First26.5 x 21.833333333
Flooring - Hardwood, Dining Area, Recessed Lighting, Stainless Steel Appliances
Office
Lvl Main12.833333333 x 11.666666666
Flooring - Hardwood
Primary Bedroom
Lvl Second22 x 14.75
Bathroom - Half, Walk-In Closet(s), Flooring - Hardwood, Deck - Exterior
Bedroom 2
Lvl Second16.5 x 12.833333333
Bedroom 3
Lvl Second13.166666666 x 12.833333333
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First12.833333333 x 7.25
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl Second9.666666666 x 6.916666666
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second9.583333333 x 7.583333333
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Andrea O'Reilly
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73577358