
11 69th Street Newburyport — Photo 1 of 42
$1,195,000
Investment Analysis — 11 69th Street
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 1.13% cap rate and $13,449/yr in estimated NOI at the $1,195,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,564
Style
Single Family
Built
1948
Welcome to 11 69th Street, where elevated views, exceptional outdoor living and a thoughtfully reimagined interior create the ultimate Plum Island retreat just ~100 feet to the beach access. Extensively renovated in 2019, this 2-bedroom, 2.5-bath home offers 1,564 SF of living space plus a full unfinished basement, detached garage and off-street parking for up to 5 vehicles. The ground level features the kitchen with quartz countertops and dining area, both bedrooms, including a spacious primary suite with walk-in closet and ensuite bath with walk-in tiled shower, along with a second full bath highlighted by a classic claw-foot tub. Upstairs, the impressive great room captures beautiful water views of the Merrimac River meeting the Atlantic Ocean, and features vaulted ceilings, a gas fireplace, half bath and direct access to composite decking wrapping around three sides of the home—an incredible setting for entertaining, morning coffee or evening sunsets. Outside, enjoy an additional back ground-level deck, hot tub, gas firepit, and storage shed on a generous 6,256 SF lot. Major recent improvements included the addition of the second level, new roof, windows, siding, insulation, composite decking, electrical upgrades, Navien on-demand hot water and more. A full unfinished basement provides excellent storage, while the home has been prepped with support for a staircase accessing a future rooftop deck. A rare year-round Plum Island home offering views, location, outdoor space, parking and extensive improvements in one exceptional coastal package.
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: 782 sq ft (the lesser of 900 sq ft or half the 1,564 sq ft principal dwelling). Lot size: 6,256 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.
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Living Room
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Lvl SecondListing Agent: The Bakhtiari Group
Listing Office: Compass
MLS® Number: 73573524
