230 Northern Blvd Newburyport — Photo 1 of 42
$3,500,000
Investment Analysis — 230 Northern Blvd
Newburyport, MA 01950 — Plum Island
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01950 carries an estimated $3,390/mo in gross rent — about a 0.35% cap rate and $12,140/yr in estimated NOI at the $3,500,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,557
Style
Single Family
Built
1963
Rare coastal residence! Completely rebuilt and redesigned in 2012 to optimize the stunning views of the mouth of the Merrimack river, this exceptional Plum Island residence offers a distinctive combination of coastal beauty, substantial living space and true year-round livability. Set on a generous double lot and thoughtfully designed to embrace its remarkable setting, the property offers a combination of established site improvements and amenities that would be extraordinarily difficult to replicate today. From its beautifully landscaped grounds and outdoor living spaces to its generous interior footprint, two car garage and extensive parking, the property represents a level of space, privacy and functionality that is truly a rare find on the island. Offered fully furnished, allowing for immediate occupancy and enjoyment.
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 3,557 sq ft principal dwelling). Lot size: 6,770 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl BasementBathroom - Half, Exterior Access, Recessed Lighting, Storage
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture
Kitchen
Lvl FirstBathroom - Full, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant
Family Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Wet Bar, Recessed Lighting
Master Bedroom
Lvl SecondBathroom - 3/4, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck, Recessed Lighting, Pocket Door
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom 2
Lvl FirstBathroom 3
Lvl BasementBathroom - Half
Listing Agent: Kerrilynn Yemma
Listing Office: RE/MAX Bentley's
MLS® Number: 73572377
