NOT LISTED FOR SALE

21 Lafayette Rd Ipswich, MA 01938

20 Beds
14 Baths
9,674 Sq Ft
10,019 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $1,262,175 $130 Per Sq Ft

66 Days on Market

About This Home

As of May 2016

INVESTORS!! 2 BLDGS.on ONE lot. 14 UNITS & 2 bay Garage. 21 Lafayette is a 6 Unit. Walk-out bsmt level: 2 units, 1 BR each,1st Fl: 2 units, 2 BR's each, 2nd Fl: 2 units, 2 BR's each. Coin Op Laundry in 1st fl, rear hall. Five of the six apartments have been updated. Walk up attic. Sunporch on 2nd floor. Very close to Train,Town and commuter routes, in nice hilltop neighborhood. Being sold with 23 Lafayette, an 8 unit building: Full Bsmt., 1st Fl: 4 units, 1BR each, 2nd Fl: 3 units, 1,1 & 2BR's, 3rd Fl:1 unit, 3BRs. Rent increases for 5 units to take effect 4/1/16. All 14 units are TAW. 21 Lafayette Income = $6350/mo., prior to pending increase (add $300). 23 Lafayette Income = $7495/mo.(includes $50.00 for 1/2 garage bay rental), prior to pending increase (add $1250). Combined Expenses for RE Taxes,Oil,Ins.,Water/Sewer, Elec.,Trash, Lawn/Snow,Cleaning,Gas = $58249/year 2015.Total Rent potential (before pending increases) = $162,540. Actual for 2015 $113,894 per 2015 Tax Return.

Last Agent to Sell the Property

Dianne Fischbach

Coast & Country Real Estate Listed on: 01/15/2016

Last Buyer's Agent

Dianne Fischbach

Coast & Country Real Estate Listed on: 01/15/2016

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $1,262,175 -15.9% $130 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $1,500,000 -- $155 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dianne Fischbach

    Coast & Country Real Estate

    (978) 356-3313

    1 in this area

    2 Total Sales

    Dianne Fischbach
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71971003

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Ipswich 01938

21 Lafayette Rd, Ipswich, MA

This home is located at 21 Lafayette Rd, Ipswich, MA 01938 since 15 January 2016. This property was built in 1900. 21 Lafayette Rd is a home located in Essex County with nearby schools including Ipswich High School, North Shore Montessori School, and Pingree School.

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