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2 Court Street #3 Newburyport — Photo 1 of 23

2 Court Street #3 Newburyport — Photo 1 of 23

$450,000

Investment Analysis — 2 Court Street #3

Newburyport, MA 01950

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01950 carries an estimated $2,160/mo in gross rent — about a 3.24% cap rate and $14,591/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

567

Style

Condominium

Built

1812

Charming, fully furnished, meticulously maintained one-Bedroom Condo in Downtown Newburyport. Discover the perfect blend of comfort and convenience nestled within a quiet, four-unit building. This condo features an open concept with a stylish kitchen complete with quartz counter-top, and stainless -steel appliances with a bright and cozy family room. The up-stairs features a large primary bedroom with a full bath. This unit provides the convenience of your own laundry, private basement storage, and one-car parking space. You can stroll or bike to the riverfront, restaurants, or shops. All of the furniture and TV was recently purchased and is included with the sale. This is ideal for weekend getaways or for an investment property. This condo is fantastic and will not last.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$450,000
Annual Taxes$3,560
HOA Fee$129

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood
BasementY

Climate & Utilities

HeatingElectric Baseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBathroom 1
Second
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Second
Dining Room
Lvl Second
Kitchen
Lvl Second
Family Room
Lvl Second
Primary Bedroom
Lvl Third
Bathroom 1
Lvl Third
Listing Provided By

Listing Agent: Valerie Pantelis

Listing Office: Coldwell Banker Realty

MLS® Number: 73577970