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14 Days on market

23 Georgetown Rd West Newbury — Photo 1 of 39

$899,000

Investment Analysis — 23 Georgetown Rd

West Newbury, MA 01985

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01985 carries an estimated $3,680/mo in gross rent — about a 2.87% cap rate and $25,802/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,564

Style

Single Family

Built

1966

Beautifully maintained and ideally situated in West Newbury, this light-filled home abuts conservation land and enjoys gorgeous views from both the front and back yards. Set on a picturesque country road, the property offers a peaceful setting while being close to all that the area has to offer. West Newbury is part of the Pentucket School District and is home to a newly constructed middle/high school, with the Merrimack River and neighboring Newburyport nearby.Inside, abundant natural light fills the inviting living room, featuring hardwood floors and a large picture window overlooking the meadows across the street. The pretty kitchen offers granite countertops and a dining area. A spacious sunroom with vaulted ceiling, skylight and exposed beams opens to the deck, creating a wonderful space for relaxing or entertaining. Three bedrooms and a full bath with a large tiled shower complete the main level.The walkout lower level adds valuable living space with a spacious family room, bonus guest/office room with closet, exercise/mudroom, and a second full bath. Large windows and a walkout provide plenty of light and easy access to the yard. A two-car garage and patio complete this special property. New electric panel, exerior painted and chimney capped in the last year, new septic being installed. Neat as a pin and move-in ready—come enjoy the beauty and tranquility of West Newbury!

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 2,564 sq ft principal dwelling). Lot size: 43,560 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.