390A Main Street West Newbury — Photo 1 of 32
$549,000
Investment Analysis — 390A Main Street
West Newbury, MA 01985
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01985 carries an estimated $3,680/mo in gross rent — about a 5.15% cap rate and $28,261/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,814
Style
Single Family
Built
1850
Rare opportunity to own a townhouse condominium that lives like an attached single family home in highly sought-after West Newbury! Offering the perfect blend of low-maintenance living and small-town charm, this spacious three-level home features 3 bedrooms, 2 full baths, wood flooring, central air conditioning, and second-floor laundry. Fresh paint and additional improvements make this property shine, with thoughtful finishing touches designed to further enhance the home’s natural beauty. The versatile floor plan provides plenty of space to live, work, and entertain, with abundant storage in both the attic and basement. Outside you'll find the beautifully landscaped yard featuring a back deck, patio for outdoor dining, and lovely gardens. Pet friendly and perfectly situated in the heart of town, you'll enjoy easy access to Town Hall, the playground, ball fields, the local library, and other community amenities. Located in the highly regarded Pentucket Regional School District, this is an exceptional opportunity to enjoy the close-knit community, and top-rated schools that make West Newbury such a desirable place to live.
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: 900 sq ft (the lesser of 900 sq ft or half the 1,814 sq ft principal dwelling).
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 • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 20
Closet/Cabinets - Custom Built, Flooring - Wood
Dining Room
Lvl First14 x 15
Bathroom - Full, Flooring - Wood
Kitchen
Lvl First14 x 14
Flooring - Vinyl, Exterior Access
Primary Bedroom
Lvl Third16 x 20
Bathroom - 3/4, Closet, Flooring - Wood, Attic Access
Bedroom 2
Lvl Second14 x 14
Bedroom 3
Lvl Second13 x 14
Closet, Flooring - Wood
Bathroom 1
Lvl First6 x 8
Bathroom - Full
Bathroom 2
Lvl Third7 x 7
Bathroom - 3/4
Listing Agent: Cheryl Grant
Listing Office: RE/MAX Bentley's
MLS® Number: 73574678