341 High #3 Newburyport — Photo 1 of 29
$695,000
Investment Analysis — 341 High #3
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 2.07% cap rate and $14,391/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,401
Style
Condominium
Built
1902
341 HIGH STREET, UNIT 3 - Overlooking historic High Street, welcome to the best of in-town, one level living, ideally located minutes to Newburyport's famed shops & restaurants, the beaches of Plum Island, the commuter rail and Rte 95. Fully renovated in 2024, flooded with natural light this 3rd floor unit has a spacious 2nd floor mudroom providing comfortable access. Featuring 2 spacious bedrooms, 2 full beautifully tiled baths (in unit washer/dryer included!), living room, dining area and kitchen with rich granite counters, stainless appliances, bar seating for 3 and a coveted pantry. Common, fenced patio area, 2 car off street exclusive use parking spots. Central A/C, low condo fee, pet friendly and located above Olive's Coffee & Bakehouse. This property offers the ultimate in TURN KEY, low maintenance, easy living in the heart of one of the most vibrant cities in New England!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range Hood • Range
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third11 x 12
Skylight, Flooring - Hardwood, Cable Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl Third13 x 12
Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Overhead
Kitchen
Lvl Third9 x 19
Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl Third15 x 15
Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Bedroom 2
Lvl Third11 x 12
Bathroom 1
Lvl Third8 x 9
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup
Bathroom 2
Lvl Third11 x 8
Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Listing Agent: Cheryl Caldwell
Listing Office: William Raveis Real Estate
MLS® Number: 73562653