17 82nd St Newburyport — Photo 1 of 41
$1,850,000
Investment Analysis — 17 82nd St
Newburyport, MA 01950 — Plum Island
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01950 carries an estimated $3,390/mo in gross rent — about a 1.07% cap rate and $19,886/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
1
SqFt
1,409
Style
Single Family
Built
1925
RARE PLUM ISLAND GEM! Own a piece of Plum Island history with the iconic “Arctic” Cottage, circa 1900—owned by only three families in 125 years! Ideally located on an idyllic Plum Island beach, this charming 5-bedroom cottage offers deeded beach rights shared with one neighboring property. Gleaming hardwood floors, classic cottage-board detailing and a fabulous wraparound porch showcase its timeless character. Recent improvements include new roof, furnace, tankless water heater, A/C compressor, and interior/exterior paint. Enjoy panoramic water views toward Newburyport, spectacular sunsets and watersports just steps away. Large parking area for 6+ cars. Strong rental history since 2007. A truly special once-in-a-lifetime opportunity!
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: 705 sq ft (the lesser of 900 sq ft or half the 1,409 sq ft principal dwelling). Lot size: 3,724 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood • Instant Hot Water
Neighborhood
Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.5 x 11.5
Flooring - Hardwood
Dining Room
Lvl First11 x 10.5
Flooring - Hardwood
Kitchen
Lvl First15 x 9
Flooring - Hardwood, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid
Family Room
Lvl First19 x 14
Flooring - Hardwood, Window(s) - Stained Glass, Balcony / Deck
Master Bedroom
Lvl Second17.5 x 10
Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture
Bedroom 2
Lvl Second12 x 8
Bedroom 3
Lvl Second11.5 x 8
Vaulted Ceiling(s), Flooring - Hardwood
Bedroom 4
Lvl Second9.5 x 9
Vaulted Ceiling(s), Flooring - Hardwood
Bedroom 5
Lvl Second10 x 9.5
Vaulted Ceiling(s), Flooring - Hardwood
Bathroom 1
Lvl First15 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood
Listing Agent: Eileen Gagnon
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73571579
