34 Eagle Hill Rd Ipswich — Photo 1 of 42
$1,250,000
Investment Analysis — 34 Eagle Hill Rd
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 1.17% cap rate and $14,618/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,038
Style
Single Family
Built
1920
Direct waterfront on Eagle Hill River with sweeping views across Plum Island Sound! This exceptional one-level ranch offers water views from every room and direct access to the river. Enjoy breathtaking scenery from two beautiful mahogany decks, perfect for morning coffee, entertaining, or watching spectacular sunsets. The open-concept kitchen and living room create an inviting gathering space, while two bedrooms and two full baths offer comfortable single-level living. A unique screened-in area on the ground level provides additional space for entertaining, exercising, or simply relaxing while taking in the incredible views. A fenced yard offers privacy and great space for gardening. A truly special waterfront setting with the beauty of nature right outside your door.
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: 519 sq ft (the lesser of 900 sq ft or half the 1,038 sq ft principal dwelling). Lot size: 4,700 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Shopping • Park • Walk/Jog Trails • Stable(s) • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.5 x 10.7
Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Balcony / Deck, Balcony - Exterior, Cable Hookup, Exterior Access, Open Floorplan, Slider
Dining Room
Lvl First9.11 x 15.3
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Balcony / Deck, Deck - Exterior, Open Floorplan, Slider
Kitchen
Lvl Main,First7.5 x 11.3
Flooring - Stone/Ceramic Tile, Kitchen Island, Open Floorplan
Primary Bedroom
Lvl First10.1 x 16
Closet, Flooring - Wall to Wall Carpet, Deck - Exterior, Slider
Bedroom 2
Lvl First11.5 x 10.1
Bathroom 1
Lvl First11.1 x 7.8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Main,First6.3 x 8.6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Eileen Gagnon
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73576358