Active
9 Days on market
5 Woodman Way #301-B Newburyport — Photo 1 of 11

5 Woodman Way #301-B Newburyport — Photo 1 of 11

$449,999

Investment Analysis — 5 Woodman Way #301-B

Newburyport, MA 01950

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01950 carries an estimated $2,160/mo in gross rent — about a 2.70% cap rate and $12,131/yr in estimated NOI at the $449,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

815

Style

Condominium

Built

2004

Rare top floor one bedroom with private views you won't get on the lower levels. Hardwood floors, granite counters, in unit laundry, and your own balcony. Best part might be the underground parking with a separate locked storage unit. Maritime Landing has an exercise room, media room, rec room with a pool table, and a function room you can reserve for parties. Easy highway access, walk to shopping and restaurants, and you're minutes from historic downtown Newburyport and all that the coast has to offer.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$449,999
Annual Taxes$3,320
HOA Fee$354

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Tile
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air, Other
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningB1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Unknown
Living RoomKitchenMaster Bedroom
Main
Dining Room
Living Room
Lvl null

14 x 12

Flooring - Wood, Balcony - Interior, French Doors

Dining Room
Lvl Main

8 x 8

Flooring - Wood

Kitchen
Lvl null

11 x 11

Flooring - Stone/Ceramic Tile, Flooring - Wood, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Recessed Lighting

Master Bedroom
Lvl null

12 x 14

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Listing Provided By

Listing Agent: Zena Fitzgerald

Listing Office: Sell With Sarkis

MLS® Number: 73571789