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12 Capeview Road Ipswich — Photo 1 of 42

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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$1,349,000
Annual Taxes$14,549

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementNone

Climate & Utilities

HeatingForced Air, Propane
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRRB

Property & Lot

Acres0.16
SqFt Lot7,031
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
Main,First
Living RoomKitchenBathroom 1
Main
Office
Living Room
Lvl Main,First

20.833333333 x 14.75

Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Exterior Access

Kitchen
Lvl Main,First

26.5 x 21.833333333

Flooring - Hardwood, Dining Area, Recessed Lighting, Stainless Steel Appliances

Office
Lvl Main

12.833333333 x 11.666666666

Flooring - Hardwood

Primary Bedroom
Lvl Second

22 x 14.75

Bathroom - Half, Walk-In Closet(s), Flooring - Hardwood, Deck - Exterior

Bedroom 2
Lvl Second

16.5 x 12.833333333

Bedroom 3
Lvl Second

13.166666666 x 12.833333333

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

12.833333333 x 7.25

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

9.666666666 x 6.916666666

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

9.583333333 x 7.583333333

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Andrea O'Reilly

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73577358