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Closed

8-8A Fairview Ave, Newbury MA 01951

$759,900

Estimated $1,625.34/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $379,950

Total Rent: 0/year

Estimated CAP Rate: -0.62%

5 Bedrooms

3 Full Baths

2,608 SqFt

Total Parking: 6 (2 Garage)

11,400 SqFt

This charming 2-family home is a fantastic opportunity for both homeowners & investors. Situated in a desirable location, with its close proximity to both Newburyport & Plum Island this property boasts a range of attractive features that make it a must-see. The 2-car garage, provides ample space for parking & storage. A functional layout offers two large, separate living spaces, perfect for multi-generational families, rental income, or a combination of both. Each unit offers comfortable living areas, including spacious bedrooms, full bathrooms, in-unit laundry & well-appointed kitchens. One of the standout features of this property is the large backyard, offering a private oasis for outdoor activities. Showings Begin at Open House Thurs 6/15 5:00-6:30. Matterport 3D Tour https://my.matterport.com/show/?m=fjnPwNurcWH

This home has been viewed 20 times

Last Checked: May 7th, 2024 at 9:01am (Source: MLS PIN #73123491)

Gross Income: $0

Gross Expenses: $4,718

Net Income Calc: $4,718

CAP Rate: -0.62%

Annual Expenses for 8-8A Fairview Ave, Newbury MA 01951

Total Gross Expenses (Calculated)$4,718/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,718

Annual Income & Unit Breakdown for 8-8A Fairview Ave, Newbury MA 01951

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 8-8A Fairview Ave, Newbury MA 01951

Listing ID73123491

Property TypeMulti Family / 2 Family

Price$759,900 ($291.37/SqFt)

Style2 Family - 2 Units Up/down

CityNewbury

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,608 SqFt

Approximate Lot Size (Acres)0.26 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1952

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningAR4

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8-8A Fairview Ave, Newbury MA 01951

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 8-8A Fairview Ave, Newbury MA 01951

Real Estate Taxes$4,718

Tax Year2023

Assessed Value$544,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.62%

Location Information for 8-8A Fairview Ave, Newbury MA 01951

Elementary SchoolNewbury Elem

Middle SchoolTriton Middle

High SchoolTriton High

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Private School

Contact Information for 8-8A Fairview Ave, Newbury MA 01951

Agent

Name: The North Shore Realty Group

Office

Name: eXp Realty

Phone: 888-854-7493

Team Members

Name: Jamie Koulouras

Phone: 978-767-0074

Name: Jenna Noone

Phone: 978-361-6368

Payment Calculator

, Interest

Property Taxes 393.17

Principal & Interest 4682.26

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

The North Shore Realty Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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[perc_test] => Array
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        )

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)

EXIT