Discover the epitome of coastal living—a newly rebuilt multi-use gem that’s as lucrative as it is lovely. This stunning property boasts 5 bdrms, 2 bathrooms, and energy-efficient enhancements. Each unit features brand-new kitchens and bathrooms, complete with new flooring, c...
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Last Checked: December 26th, 2024 at 5:18pm (Source: MLS PIN #73257045)
Gross Income: $0
Gross Expenses: $35,378
Net Income Calc: $35,378
CAP Rate: -1.89%
Water Views
Beach Front
Annual Expenses for 49 Northern Blvd, Newbury MA 01951
Total Gross Expenses (Calculated)$35,378/year
APOD AvailableYes
Heating
Electricity$3,000
Water$600
Gas$600
Insurance$7,048
Sewer$600
Trash Removal$600
Repair & Maintenance
Management$15,000
Miscellaneous
Real Estate Tax$6,130
Annual Income & Unit Breakdown for 49 Northern Blvd, Newbury MA 01951
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 49 Northern Blvd, Newbury MA 01951
Listing ID73257045
Property TypeMulti Family / 2 Family
Price$1,875,000 ($834.82/SqFt)
Style2 Family - 2 Units Up/down
CityNewbury
CountyEssex
MLS AreaPlum Island
Neighborhood(s)Ipswich
Approximate Living Area Total2,246 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking17
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping, Level, Corner Lot, Cleared
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningAR4
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesDirect Access, Ocean, Sound, Walk To, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach
Energy FeaturesThermostat,Varies per Unit
Terms
Disclosures for 49 Northern Blvd, Newbury MA 01951
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosurebuyer to confirm all measurements. 2 Units current
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$10,648
Total Gross Income By Broker$142,949
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 OnCompensation Offered But Not In Mls
Financial Information for 49 Northern Blvd, Newbury MA 01951
Real Estate Taxes$6,130
Tax Year2024
Assessed Value$798,200
Financial Data SourceOwner
Total Gross Expenses By Broker$10,648
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$142,949
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.89%
Location Information for 49 Northern Blvd, Newbury MA 01951
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS AreaPlum Island
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Shopping, Public Transportation, Marina, Sidewalks
Contact Information for 49 Northern Blvd, Newbury MA 01951