Investment Analysis — 1 Shay Terrace

Newburyport, MA 01950

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 0.70% cap rate and $20,918/yr in estimated NOI at the $3,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

4.5

SqFt

3,500

Style

Single Family

Built

2027

Images in the listing are of the builder's previous work. Shay Terrace presents a rare opportunity to build a custom luxury home in one of Newburyport’s newest and most exclusive enclaves. Offering just four builder tie-in homesites, this thoughtfully designed private lane combines an exceptional location with the craftsmanship and reputation of premier local builder. Homesites ranging from 12,000 to 21,000 square feet are available starting at $899,000, with fully custom luxury residences starting at $2,999,000. Collaborate with an experienced builder to design and build a home tailored to your lifestyle, from architectural design and floor plan to the finest finishes and personalized details. Located just minutes from downtown Newburyport, waterfront parks, marinas, boutique shopping, acclaimed restaurants, and Plum Island’s beautiful beaches, Shay Terrace offers an unmatched combination of privacy, convenience, and coastal New England living. Photos are of the builders previous work. Reach out for reservation details and next steps.

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 3,500 sq ft principal dwelling). Lot size: 12,000 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.