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38 Way To The River Rd, West Newbury MA 01985

Active

38 Way To The River Rd, West Newbury MA 01985

$1,129,000

Estimated $2,706/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $564,500

Total Rent: 28800/year

Estimated CAP Rate:

5 Bedrooms

Baths

3485

Total Parking: 14 (3 Garage)

102,802 (2.36)

Set on 2.3 secluded wooded acres, this custom-built contemporary multi-family home combines modern comfort with a peaceful natural setting. Located just moments from the scenic River Road trails and Merrimack River views. The main unit features an open-concept floor plan with hardwood floors, abundant natural light, and an adjacent deck overlooking the peaceful wooded setting, creating an inviting space for everyday living and entertaining. The second unit provides the convenience of one-floor living with a spacious open-concept layout designed for both comfort and functionality. Additional highlights include a three-car garage and flexible living arrangements ideal for multi-generational living, rental opportunities, or investment potential. The current tenant in the apartment is a tenant at will. You’ll find Way to the River Rd. to be one of the loveliest streets in town.

This home has been viewed 10 times

Last Checked: June 15th, 2026 at 5:14am (Source: MLS PIN #73519383)

Gross Income: $28,800

Gross Expenses: $10,509

Net Income Calc: $18,291

Water Views

Annual Expenses for 38 Way To The River Rd, West Newbury MA 01985

Total Gross Expenses (Calculated)$10,509/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10509

Annual Income & Unit Breakdown for 38 Way To The River Rd, West Newbury MA 01985

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms3 Full

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 38 Way To The River Rd, West Newbury MA 01985

Listing ID73519383

Property TypeMulti Family / 2 Family

Price1129000 ($323.96/SqFt)

Style2 Family - 2 Units Side By Side

CityWest Newbury

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3485

Approximate Lot Size (Acres)2.36

Total Parking14 (3 Garage)

Garage Parking3

Year Built1981

Year Built SourceOwner

Year Built DetailsActual

WaterPrivate

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront Features

Terms

Disclosures for 38 Way To The River Rd, West Newbury MA 01985

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5A

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 38 Way To The River Rd, West Newbury MA 01985

Real Estate Taxes10509

Tax Year2025

Assessed Value$973,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 38 Way To The River Rd, West Newbury MA 01985

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 38 Way To The River Rd, West Newbury MA 01985

Agent

Name: Jim Bragg

Office

Name: Coldwell Banker Realty

Phone: 978-462-4430

Payment Calculator

, Interest

Property Taxes 875.75

Principal & Interest 6956.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty

Jim Bragg

Agent Phone

Office Phone

(978) 462-4430

Text Agent Call Agent Call Office

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    [unparsed] => 38 Way To The River Rd, West Newbury MA 01985
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EXIT

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