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7 Louise St. Newburyport — Photo 1 of 25

7 Louise St. Newburyport — Photo 1 of 25

$1,199,000

Investment Analysis — 7 Louise St.

Newburyport, MA 01950 — Plum Island

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 1.14% cap rate and $13,710/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,305

Style

Single Family

Built

1917

Beauty on the Basin. Imagine waking to gorgeous sunrises, unwinding to spectacular sunsets as the marsh grass ripples gold, and falling asleep to the sound of waves nearby. Set on beloved Plum Island, this tastefully remodeled coastal home offers the quintessential New England beach lifestyle, with beautiful basin views from nearly every room. The open-concept first floor is designed for easy living and entertaining, with an updated kitchen featuring a center island, granite countertops, and stainless-steel appliances. This flows seamlessly into the dining area and sun-filled living room, with hardwood floors throughout. A cozy gas fireplace adds warmth and ambiance, while a full bath with laundry completes the main level. Upstairs, the primary suite offers a true retreat, with a vaulted-ceiling bedroom and sliders opening to a private deck—an idyllic spot for morning coffee or evening stargazing. The second bedroom also opens to its own scenic deck and is complemented by a spacious full bath with double vanities, ideal for family or guests. Designed for effortless coastal living, the home features low-maintenance Hardie board siding, expansive wrap-around decks and porches with durable vinyl decking. A charming Reeds Ferry shed for additional storage. Beautiful gardens to enjoy. A fenced yard, four-car driveway, and seashell walkways adding privacy, convenience, and seaside character. Boaters take note: this comes with a deep-water basin mooring offering the opportunity to keep a boat just steps from home. Beyond the property, Plum Island offers miles of shoreline, windswept dunes, and the protected beauty of the Parker River Refuge. Minutes to the beach in the morning, bike or kayak along the river and basin in the afternoon and come home to the rare luxury of barefoot island calm. Easy access to all of Plum Island businesses, Restaurants and Newburyport's downtown and Harbor areas. This is coastal living at its best.

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: 653 sq ft (the lesser of 900 sq ft or half the 1,305 sq ft principal dwelling). Lot size: 4,900 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.

Open Houses

Property Details

Financials

Original Price$1,199,000
Annual Taxes$9,637

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Hardwood
BasementCrawl Space, Dirt Floor

Climate & Utilities

HeatingBaseboard, Propane, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningR3

Property & Lot

Acres0.11
SqFt Lot4,900
Lot FeaturesGentle Sloping

Amenities & Appliances

Tankless Water Heater • Water Heater • Dishwasher • Microwave • Range • Freezer • Washer • Dryer • ENERGY STAR Qualified Refrigerator • Oven

Neighborhood

Walk/Jog Trails • Conservation Area • Marina • Public School • Other

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

Bathroom - Full, Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider, Lighting - Overhead

Dining Room
Lvl First

Flooring - Hardwood, Exterior Access, Slider

Kitchen
Lvl First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove

Master Bedroom
Lvl Second

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Recessed Lighting, Remodeled, Slider, Beadboard, Closet - Double

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Wainscoting

Listing Provided By

Listing Agent: Linda Mckeehan

Listing Office: Seas the Day Realty

MLS® Number: 73575288