
21 Broad Street Newburyport — Photo 1 of 42
$1,295,000
Investment Analysis — 21 Broad Street
Newburyport, MA 01950
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01950 carries an estimated $3,080/mo in gross rent — about a 1.50% cap rate and $19,427/yr in estimated NOI at the $1,295,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,437
Style
Single Family
Built
1954
This nine-room Cape Cod–style home offers 2,437 sq. ft. of refined living space, blending classic New England charm with modern updates. Built in 1954, the home was extensively renovated and expanded by a distinguished local Architect in 2006, making the residence feel both timeless and contemporary. The main level features a sun-filled family room with a corner gas fireplace, an open kitchen with custom cabinetry, granite countertops and a dining area with a dramatic cathedral ceiling, surrounded by windows. A library with built-ins, a dedicated home office, and a primary bedroom with an ensuite bath complete the first floor. Quality craftsmanship is evident throughout: hardwood and tile flooring, detailed millwork, extensive built-ins, Hardie Plank siding, Andersen windows, and a distinctive rooftop cupola enhance the home’s architectural character. The second floor includes two well-proportioned bedrooms, a full bath, and a generous walk-in attic. The partially finished lower level adds a versatile bonus room with a wet bar, plus a substantial unfinished area ideal for storage or workshop. Outdoor spaces are equally inviting, with a private yard, blue stone patio, mature landscaping, and ample off-street parking. The property is within a short walk of Newburyport’s waterfront, downtown shops, restaurants, and minutes from local beaches, the commuter rail, Routes 95/495, Boston, and multiple regional airports.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,437 sq ft principal dwelling). Lot size: 6,270 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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Amenities & Appliances
Gas Water Heater • Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl Main,First14.833333333 x 10.916666666
Skylight, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First20.5 x 12.583333333
Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Office
Lvl Main12.25 x 11.916666666
Flooring - Hardwood, Open Floor Plan, Lighting - Overhead
Family Room
Lvl Main,First19.666666666 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Open Floorplan
Primary Bedroom
Lvl Main,First17.166666666 x 15.083333333
Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Closet - Double
Bedroom 2
Lvl Second19 x 11
Bedroom 3
Lvl Second19 x 14.5
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead
Listing Agent: Mark Dickinson
Listing Office: Realty One Group Nest
MLS® Number: 73572151
