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Canceled

208 High Rd, Newbury MA 01951

$849,000

Estimated $1,911.15/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $424,500

Total Rent: 18000/year

Estimated CAP Rate: 1.36%

4 Bedrooms

2 Full, 1 Half Baths

2,000 SqFt

Total Parking: 14 (4 Garage)

46,174 SqFt

Introducing 208 High Road, Newbury, MA – a rare opportunity to own this legal two-family estate offering an abundance of character and charm! A circular driveway leads to this unique property, rich with original features, including three fireplaces, perfect for creating warm and inviting spaces. A two-story barn complete with an attached apartment offers endless potential for additional living quarters, rental income, or creative studio space.Perched in a desirable location, enjoy seasonal views of the picturesque marsh and the serene Parker River just moments away. With its rich history and timeless appeal, this estate presents incredible opportunities for customization and enhancement to match your vision. Being sold “as is,” this property offers a blank canvas for those seeking a home with remarkable possibilities.Whether you’re looking to preserve its original features or embark on a new chapter, this property is truly one-of-a-kind. Offered at $849,000 – don't miss your chance

This home has been viewed 76 times

Last Checked: October 17th, 2024 at 4:19am (Source: MLS PIN #73300298)

Gross Income: $18,000

Gross Expenses: $6,414

Net Income Calc: $11,586

CAP Rate: 1.36%

Water Views

Beach Front

Annual Expenses for 208 High Rd, Newbury MA 01951

Total Gross Expenses (Calculated)$6,414/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,414

Annual Income & Unit Breakdown for 208 High Rd, Newbury MA 01951

Total Gross Income (Calculated)$18,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 208 High Rd, Newbury MA 01951

Listing ID73300298

Property TypeMulti Family

Price$849,000 ($424.5/SqFt)

StyleMulti Family

CityNewbury

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,000 SqFt

Approximate Lot Size (Acres)1.06 acres

Total Parking14 (4 Garage)

Garage Parking4 / Detached

Year Built1946

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionConcrete Perimeter,Block

Accessible Features

Outdoor Space

ZoningAR4

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 208 High Rd, Newbury MA 01951

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$18,000

Total Net Income By Broker$18,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 208 High Rd, Newbury MA 01951

Real Estate Taxes$6,414

Tax Year2024

Assessed Value$835,100

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$18,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$18,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.36%

Location Information for 208 High Rd, Newbury MA 01951

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Stable(s), Marina, Private School

Contact Information for 208 High Rd, Newbury MA 01951

Agent

Name: Gretchen Maguire

Office

Name: Realty One Group Nest

Phone: 978-255-4394

Payment Calculator

, Interest

Property Taxes 534.5

Principal & Interest 5231.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty One Group Nest

Gretchen Maguire

Agent Phone

Office Phone

(978) 255-4394

Text Agent Call Agent Call Office

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EXIT