38 Way To The River Rd West Newbury — Photo 1 of 34
Recent Drop: $60,000
$1,129,000
Investment Analysis — 38 Way To The River Rd
West Newbury, MA 01985
Based on rent reported on the MLS listing, a 2-unit multi-family in 01985 carries $2,400/mo in gross rent — about a 1.01% cap rate and $11,379/yr in estimated NOI at the $1,129,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4
SqFt
3,485
Style
2 Family - 2 Units Side by Side
Built
1981
Set on 2.3 secluded wooded acres, there are 4 bedrooms, 3 baths, in the main house, and 1 bedroom, 1 bath in the apartment. This custom-built contemporary multi-family home combines modern comfort with a peaceful natural setting. Located just moments from the scenic River Road trails and Merrimack River views. The main unit features an open-concept floor plan with hardwood floors, abundant natural light, and an adjacent deck overlooking the peaceful wooded setting, creating an inviting space for everyday living and entertaining. The second unit provides the convenience of one-floor living with a spacious open-concept layout designed for both comfort and functionality. Additional highlights include a three-car garage and flexible living arrangements ideal for multi-generational living, rental opportunities, or investment potential. The current tenant in the apartment is a tenant at will. You’ll find Way to the River Rd. to be one of the loveliest streets in town.
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 MLS and other third-party data may be inaccurate or out of date.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
Oven • Range • Refrigerator • Washer • Dryer • Dishwasher
Neighborhood
Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility • Conservation Area
Geography
Property History
$1,129,000
Was $1,189,000
Jun 10, 2026
MLS® 73519383
$1,129,000
Jun 4, 2026
MLS® 73530608
$1,189,000
May 14, 2026
MLS® 73519383
Listing Agent: Jim Bragg
Listing Office: Coldwell Banker Realty
MLS® Number: 73519383