Investment Analysis — 51 Northern Boulevard #1

Newbury, MA 01951 — Plum Island

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01951 carries an estimated $2,270/mo in gross rent — about a 4.70% cap rate and $18,743/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

600

Style

Condominium

Built

1935

LIVE THE PLUM ISLAND LIFESTYLE - WITH THE BEACH JUST ACROSS THE STREET! This charming year-round 1-bedroom condo delivers the coastal escape everyone wants, without the oceanfront price tag - and with ZERO CONDO FEES. Step inside to a bright, comfortable living room, a spacious eat-in kitchen with abundant cabinet and counter space, a gas stove, plus a separate dining area ideal for meals, entertaining or a home office. The private bedroom and full bath complete this easy, efficient layout. Outside, unwind on your deck, breathe in the salt air and listen to the waves. With public ocean access directly across the street, you can leave the car behind and have your toes in the sand in minutes. Two parking spaces, oil heat, public water/sewer and pets allowed without restriction Whether you're seeking a year-round home, weekend getaway or an investment with income-generating potential, this is your chance to own a slice of Newbury's iconic Plum Island - where every day feels like a vacation!

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 MLS and other third-party data may be inaccurate or out of date.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