
304 High Rd Newbury — Photo 1 of 40
$1,500,000
Investment Analysis — 304 High Rd
Newbury, MA 01951
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01951 carries an estimated $3,570/mo in gross rent — about a 1.74% cap rate and $26,156/yr in estimated NOI at the $1,500,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,866
Style
Single Family
Built
2006
One of the largest single family parcels in all of Newbury! This 16.9 acre property has been held by the same family since 1972 and sits just 4 miles from downtown Newburyport and 5 miles from Plum Island, a rare combination of country living and coastal convenience. The property is surrounded by marshland, offering privacy and pastoral views. Once a working farm with horses, sheep, goats, chickens, and expansive food gardens, the land is ready for its next chapter. It's an ideal setting for horses, a small farm, a pool or pond, tennis or pickleball courts, or simply enjoying wide open space. The 4 bedroom, 2.5 bath home was built in 2006 and features hardwood floors, 9 foot ceilings throughout, and generous living spaces, though it needs cosmetic TLC. A detached brick single car garage offers storage and would benefit from updating. Additional outbuildings are being sold as is. Bring your vision to this rare 16.9 acre offering in Newbury. *Some photos are digitally enhanced with conceptual renderings.
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 2,866 sq ft principal dwelling). Lot size: 736,164 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Walk/Jog Trails • Conservation Area • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First26 x 17
Flooring - Hardwood, Exterior Access, Recessed Lighting
Dining Room
Lvl First15 x 17
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Kitchen
Lvl First15 x 17
Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting, Peninsula
Family Room
Lvl Second18 x 26
Flooring - Hardwood, Recessed Lighting
Master Bedroom
Lvl Second16 x 33
Closet, Flooring - Hardwood, Attic Access, Recessed Lighting
Bedroom 2
Lvl Second16 x 13
Bedroom 3
Lvl Second12 x 12
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl First12 x 12
Closet, Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl First8 x 8
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl Second8 x 9
Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 3
Lvl Second10 x 6
Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting
Listing Agent: Mark Mcdermott
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73572775
