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17 Fairview Ave Ipswich — Photo 1 of 42

17 Fairview Ave Ipswich — Photo 1 of 42

$589,900

Investment Analysis — 17 Fairview Ave

Ipswich, MA 01938

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01938 carries an estimated $2,560/mo in gross rent — about a 2.84% cap rate and $16,757/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,624

Style

Single Family

Built

1935

Filled with charm and character, this 2-bed, 1.5-bath colonial-style home is nestled among the trees on over a half-acre with a large, private, fenced-in yard, raised garden beds, and a paved driveway leading to a detached oversized garage/workshop/bonus flex space with a side shed. Enjoy the large yard with perennial red roses, fragrant purple lilacs, and lush hostas that come back year after year. This is a comfortable home offering plenty of opportunity for expansion, with some spaces that you can refresh over time. The open first-floor plan features a renovated, light and bright eat-in kitchen with granite counters, Bosch & Whirlpool stainless steel appliances, a dining area, and a new Bosch stove hood (still in the box); a custom-built-in window seat with storage; a formal living room/den or home office with a bay window and French doors (or a possible 1st-floor bedroom); and a spacious vaulted, beamed-ceiling family room addition with laminate wood flooring, a freestanding gas fireplace, ceiling fans, surround-sound speakers, French doors, 1/2 bath, closet, and a bay window overlooking the yard and trees. Hardwood floors throughout (some areas ready for refinishing). Upstairs features 2 bedrooms, a renovated full bath with a nicely tiled shower and tub, and the entry and remaining 2nd-level spaces offer opportunities for cosmetic refreshing, including wall and trim/door refinishing—ideal for buyers looking to personalize and add value. Ample storage with a full, unfinished basement with exterior access, cabinets, shelving, a Weil-McLain boiler, a new water heater, a GE washer/dryer with a utility sink, a 2nd refrigerator and a small freezer, plus a fully planked attic with pull-down stairs. Fantastic location on a sidewalk-lined street—just 1/2 mile to downtown Ipswich’s riverfront restaurants, shops, and the commuter rail (approx. 55 minutes to Boston’s North Station). A short 2.5 miles to the famous Clam Box of Ipswich restaurant, only 5.5 miles to stunning Crane Beach & Castle Hill, and close to boating, kayaking, hiking, and biking. Ipswich residents enjoy access to the Annual Crane Beach parking sticker. Ideal price for buyers looking to enhance and customize a well-loved home. First showings at OPEN HOUSES SAT 9/19 & SUN 9/20, 11–12:30pm.

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: 812 sq ft (the lesser of 900 sq ft or half the 1,624 sq ft principal dwelling). Lot size: 11,900 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$589,900
Annual Taxes$6,590

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Carpet, Wood Laminate
BasementFull, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingSteam, Oil, Natural Gas, Other
CoolingWindow Unit(s), 3 or More
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Block
ZoningIR

Property & Lot

Acres0.27
SqFt Lot11,900
Lot FeaturesWooded, Gentle Sloping, Level, Other

Amenities & Appliances

Gas Water Heater • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer • ENERGY STAR Qualified Refrigerator • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 2
Living Room
Lvl Main,First

13 x 12

Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Lighting - Sconce

Dining Room
Lvl Main,First

13 x 12

Flooring - Wood, French Doors, High Speed Internet Hookup, Open Floorplan, Lighting - Pendant

Kitchen
Lvl Main,First

9 x 15

Flooring - Wood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Cable Hookup, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Window Seat

Family Room
Lvl Main,First

23 x 18

Bathroom - Half, Skylight, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Flooring - Laminate, Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Overhead, Closet - Double

Primary Bedroom
Lvl Second

20 x 10

Ceiling Fan(s), Closet, Flooring - Wood, Cable Hookup, Recessed Lighting

Bedroom 2
Lvl Second

11 x 12

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Main,First

Bathroom - Half, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Diane Beekler

Listing Office: RE/MAX Bentley's

MLS® Number: 73577802