
3 Norman Ave Newburyport — Photo 1 of 38
$749,900
Investment Analysis — 3 Norman Ave
Newburyport, MA 01950
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01950 carries an estimated $3,390/mo in gross rent — about a 3.24% cap rate and $24,271/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,456
Style
Single Family
Built
1948
Your next chapter starts here—with charm, versatility, and fantastic value! Set on a tree-lined side street with new pavement and sidewalks, this inviting four-bedroom Cape offers spaces to gather, room to unwind, and plenty of opportunity to make it your own. An enclosed porch welcomes you into a living room with hardwood floors, while the kitchen’s granite counters and breakfast peninsula connect to a spacious dining area overlooking the backyard. Step onto the composite deck for morning coffee or an evening outdoors. A first-floor bedroom and full bath with a glass-enclosed walk-in shower offer everyday convenience, with three additional bedrooms featuring hardwood floors upstairs. Freshly painted rooms add to the appeal, while newer mini-splits provide added heating and cooling throughout. A newer boiler and hot water tank, 200-amp electrical service, and generac generator round out the practical features. The cleared backyard is ready for your vision—from gardens to gatherings—with a large two-story shed and separate garden shed offering generous storage and hobby space. Convenient to shopping and major routes, this is a home worth seeing—and an opportunity worth exploring!
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: 728 sq ft (the lesser of 900 sq ft or half the 1,456 sq ft principal dwelling). Lot size: 10,000 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.8 x 11.6
Flooring - Hardwood
Dining Room
Lvl First13.4 x 7.7
Flooring - Stone/Ceramic Tile
Kitchen
Lvl First17.1 x 11.7
Flooring - Stone/Ceramic Tile
Office
Lvl First8.6 x 11.6
Flooring - Hardwood
Primary Bedroom
Lvl First11.7 x 10.11
Bedroom 2
Lvl Second11.5 x 11.1
Bedroom 3
Lvl Second10.8 x 11.1
Flooring - Hardwood
Bedroom 4
Lvl Second12.9 x 9.1
Bathroom 1
Lvl First7.8 x 5.6
Flooring - Stone/Ceramic Tile
Property History
$749,900
Sep 30, 2026
MLS® 73584382
$769,900
Aug 31, 2025
MLS® 73371709
$769,900
May 8, 2025
MLS® 73371709
Listing Agent: Vincent Forzese
Listing Office: Realty One Group Nest
MLS® Number: 73584382








