
423 Middle Street West Newbury — Photo 1 of 42
Recent Drop: $100,000
$2,000,000
Investment Analysis — 423 Middle Street
West Newbury, MA 01985
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01985 carries an estimated $4,060/mo in gross rent — about a 0.65% cap rate and $13,027/yr in estimated NOI at the $2,000,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,754
Style
Single Family
Built
2026
SOME HOMES ARE BUILT TO IMPRESS...THIS ONE WAS THOUGHTFULLY IMAGINED long before the foundation was ever poured. Set on a partially wooded lot along one of West Newbury’s MOST PICTURESQUE ROADS, this REMARKABLE NEW RESIDENCE pairs SERENE PRIVACY + NATURAL BEAUTY with EXCEPTIONAL CONVENIENCE —just 3 miles to I-95. Created by a respected small Builder Team whose homes are recognized for THOUGHTFUL DESIGN, ENDURING QUALITY + EXCEPTIONAL LIVABILITY, every space reflects careful intention—not simply to look beautiful, but to make everyday living feel effortless. The result is a HOME THAT FEELS AS EXTRAORDINARY AS IT LOOKS. Soaring ceilings + expansive windows invite abundant natural light while keeping nature ever-present; a sophisticated, calming palette carries beautifully from room to room. At the heart of the open-concept living spaces, a beautifully appointed kitchen with premium appliances + oversized island invites gathering, while the spacious deck extends living outdoors. A luxurious Primary Suite offers a private retreat, complemented by a 1st-floor Guest Suite, generous mudroom, pantry + 2-car garage. Exceptional craftsmanship + beautifully executed details reveal themselves at every turn—A HOME WHOSE VALUE BECOMES EVEN MORE APPARENT THE LONGER YOU EXPERIENCE IT. All of this, tucked into a gorgeous setting minutes to the harbor, beaches + commuter routes. Please do not walk the property unless accompanied by the Listing Agent.
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 3,754 sq ft principal dwelling). Lot size: 78,408 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Range Hood
Neighborhood
Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl BasementFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl FirstBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl FirstBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub
Property History
$2,000,000
Was $2,100,000
Aug 30, 2026
MLS® 73562608
$2,100,000
Aug 12, 2026
MLS® 73562608
Listing Agent: Mary Parisella
Listing Office: RE/MAX Bentley's
MLS® Number: 73562608