Investment Analysis — 12 Collins St

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 2.57% cap rate and $20,319/yr in estimated NOI at the $790,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,434

Style

Single Family

Built

1915

Tucked away on a quiet North End “jug handle” street, this 3-bedroom, 2-bath home has been cherished by the same family for decades and is ready for its next chapter. Move in and update over time, or bring your vision and reimagine the space. Hardwood floors are visible in some rooms and are underneath other flooring, providing a great foundation for a refresh. The first floor features an eat-in kitchen, living room, full bath, and flexible bonus room perfect for a den, office, playroom, or primary suite. Upstairs are three bedrooms and a second full bath. The basement provides additional storage, a cedar closet, and space for a workshop or hobbies. Outside, a covered deck overlooks the yard, low maintenance siding adds to the appeal of this home, while a one-car garage and off-street parking add everyday convenience. Enjoy easy access to downtown Newburyport, the Clipper City Rail Trail, waterfront, restaurants, shops, parks, schools, and commuter routes, with Plum Island just a short drive away. Move in. Refresh it. Reimagine it. Endless possibilities. First showings at the Open House on Thursday, October 1, 4-6 PM.

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: 717 sq ft (the lesser of 900 sq ft or half the 1,434 sq ft principal dwelling). Lot size: 3,260 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.