
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstBathroom - Full, Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Hardwood, Exterior Access, Slider
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
Master Bedroom
Lvl SecondCathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Recessed Lighting, Remodeled, Slider, Beadboard, Closet - Double
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Wainscoting
Listing Agent: Linda Mckeehan
Listing Office: Seas the Day Realty
MLS® Number: 73575288