Active Under Contract
9 Days on market
16 Ship St #16 Newburyport — Photo 1 of 40

16 Ship St #16 Newburyport — Photo 1 of 40

$859,900

Investment Analysis — 16 Ship St #16

Newburyport, MA 01950

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01950 carries an estimated $2,560/mo in gross rent — about a 1.38% cap rate and $11,893/yr in estimated NOI at the $859,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,530

Style

Condominium

Built

2004

*Downtown Dreaming!* Welcome to 16 Ship Street - an expansive townhome abutting the Tannery Marketplace in the heart of Newburyport! This immaculate, like-new home offers casual, yet luxury living, with its seamless blend of modern amenities and coastal charm throughout. The kitchen is a chef's delight and opens perfectly to your fireplaced living room and private patio out back, offering the best of both worlds for indoor and outdoor entertaining! Upstairs you will find an abundance of additional living space, with a large Family Room perfect for movie nights, and a spacious home office with built ins. The primary bedroom is an airy retreat with a wonderful walk in closet, and sits perfectly next to your remodeled luxury bathroom! Not to mention, the full basement is not to be missed, with high ceilings, endless storage, and the perfect place for a home gym - this home has a spot for everything! With THREE levels of spacious living, the waterfront at the end of your street, the Tannery Marketplace and local restaurants and shops out your back door, this home defines coastal living!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$859,900
Annual Taxes$7,098
HOA Fee$363

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR3

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Third
OfficeFamily Room
Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

17 x 15

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

10 x 8

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances

Office
Lvl Third

20 x 6

Flooring - Wall to Wall Carpet

Family Room
Lvl Third

20 x 12

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl Second

17 x 12

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

13 x 10

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall

Listing Provided By

Listing Agent: Deanna Shelley

Listing Office: RE/MAX Bentley's

MLS® Number: 73571459