
6 Fourth Street Newbury — Photo 1 of 32
$1,099,000
Investment Analysis — 6 Fourth Street
Newbury, MA 01951 — Plum Island
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01951 carries an estimated $3,240/mo in gross rent — about a 2.08% cap rate and $22,898/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,205
Style
Single Family
Built
1961
Coastal living begins here at this charming Plum Island retreat, just seconds from the sandy shores of Plum Island Beach & the Atlantic Ocean. Wake to the scent of the sea breeze & enjoy easy access to local restaurants, shops & everything island life has to offer. Inside, the open-concept main level features warm pine floors, exposed beams, a fireplace, tongue-and-groove accents & a bright kitchen with stainless steel appliances. Two bedrooms & a full bath complete the first floor, while the second level offers a private primary bedroom & a cozy sitting room with a stove, natural light, slider to a balcony & water-kissed breezes. The walk-out lower level includes a family room, kitchenette, half bath, laundry & additional storage—ideal for guests or added flexibility. An expansive deck & patio surrounds a fenced sandy yard. Off-street, driveway parking for 3 vehicles completes this quintessential island getaway.
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 2,205 sq ft principal dwelling). Lot size: 5,602 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
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 11
Beamed Ceilings, Flooring - Wood, Exterior Access, Decorative Molding
Dining Room
Lvl First16 x 13
Beamed Ceilings, Exterior Access, Open Floorplan, Decorative Molding
Kitchen
Lvl Main,First12 x 11
Open Floorplan, Stainless Steel Appliances, Peninsula
Family Room
Lvl Basement22 x 13
Beamed Ceilings, Flooring - Concrete
Master Bedroom
Lvl Second14.5 x 11.5
Closet
Bedroom 2
Lvl First13.5 x 11
Bedroom 3
Lvl First11 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Basement7.5 x 7.5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Kevin Fruh
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73557127
