164 High Rd Newbury — Photo 1 of 30
$724,900
Investment Analysis — 164 High Rd
Newbury, MA 01951
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01951 carries an estimated $3,240/mo in gross rent — about a 3.36% cap rate and $24,333/yr in estimated NOI at the $724,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,344
Style
Single Family
Built
1952
Incredible Opportunity in Old Town Newbury! Enjoy Old Town Newbury living in this well-located Cape near Newburyport, Plum Island, and Parker River National Wildlife Refuge. Set on a spacious 0.81-acre lot with a large backyard, this home features hardwood floors, built-ins, a fireplace, and flexible living spaces throughout. A great opportunity for first-time buyers, this property offers an affordable path into the Newbury market with room to grow, renovate, and personalize over time. The layout also offers flexibility for investors or buyers seeking value-add potential. The second floor provides options for a spacious primary suite or two separate bedrooms, while the walk-out basement includes two additional finished rooms suited for a home office, recreation space, guest area, or storage. Versatile and full of potential, this home offers a wonderful opportunity to enjoy a scenic, convenient Newbury location close to coastal destinations, conservation areas, and downtown Newburyport.
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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 35,244 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First32 x 11
Flooring - Hardwood
Kitchen
Lvl First13 x 12
Dining Area
Office
Lvl Basement11 x 11
Master Bedroom
Lvl Second16 x 14
Flooring - Hardwood
Bedroom 2
Lvl Second15 x 14
Bedroom 3
Lvl First11 x 11
Flooring - Hardwood
Listing Agent: Ana M Picanco Linnehan
Listing Office: Keller Williams Realty
MLS® Number: 73572754