CCertihomes
56 Cottage Road, Newbury, MA 01951

$2,400,000

2 beds 2 baths 2,545 sqft Built 19724 days on marketActive

About this home

YOUR RIVERFRONT PARADISE AWAITS on the banks of the Parker River! Boaters and nature lovers, will savor this rarefied location on the Parker River, the intercoastal waterways, the Atlantic and the best beaches the North Shore has to offer. Renovated in 2006, this bright, shipshape home with open concept, flexible floor plan, massive 1st floor deck, ample 2nd level balcony and lush grounds provide the perfect front row seat for your immersion in day-long sunshine, ocean breezes and abundant wildlife. Detached two-car garage with 580 sf 2nd floor loft space used as a game room, art studio, teen hangout, etc. with ¾ bath and view of the river. This amazing waterfront property has a 2-season young private walkway and sun deck on the river, with spectacular views. The hard work has been done for a potential private dock! Experience heaven on earth here at 56 Cottage Rd. All this, just minutes downtown Newburyport. Showings start at 5/4 Open House.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$14,610/mo

Real estate (PITI + HOA + PMI)
$15,052
Principal + interest$10,885
Property tax + insurance$3,267
PMI / 2nd mortgage$900
Utilities
$508
Heating + cooling$92
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$100
Car insurance + maintenance$100
Other (entertainment)
$158
$14,610/mo TLC
Budget$15,110/mo
Remaining after TLC$500/mo
Purchase price
$2,400,000
Down payment
$120,000 (5%)
Loan amount
$2,280,000
APR
4%

Quick facts

Type
Single Family Residence
Style
Gambrel /Dutch, Shingle
Year built
1972
Lot size
0.39 ac
Stories
0
Heating
Forced Air, Propane
Cooling
Central Air
Water
Private
HOA
Annual tax
$12,283
MLS #
73231753
County
Essex

At a glance

Air conditioning
Fireplace
Garage (2)
Dishwasher
Balcony
Waterfront

Home features

Appliances
Water HeaterRangeDishwasherRefrigerator
Exterior
Deck - WoodBalconyStorageFenced Yard
Community
Public TransportationShoppingWalk/Jog TrailsStable(s)GolfMedical FacilityBike PathConservation AreaHighway AccessHouse of WorshipMarinaPrivate SchoolPublic School
Parking
DetachedOff Street
Fireplace
Family RoomLiving RoomMaster Bedroom
Kitchen
Flooring - HardwoodCountertops - Stone/Granite/Solid
Flooring
Tile, Hardwood
Roof
Shingle
Sewer
Private Sewer

Lot features

Easements, Flood Plain

Neighborhood — 01951

MetricThis ZIPCountyUSA
Population6,3316,444,931299,088,112
Population Change Since199011.00%7.00%20.00%
Population Density354786
Male3,0163,127,134147,432,321
Female3,3153,317,797151,655,844
Never Married1,3301,612,88563,775,926
Married2,7572,586,314123,120,365
Separated130247,85712,639,686
Widowed378363,59415,467,586
Divorced581436,88823,075,029
Number Of House Hold2,5162,431,591111,826,380
Average House Hold Size2.452.562.60
Medial Age43.1537.2535.46
Median House Hold Income$72,243$57,698$48,276
Average House Hold Income$85,494$75,023$63,629
P C I$34,316$29,196$24,529
M D I$58,568$48,105$41,133
A T H E$63,588$57,083$50,898
S T R5.00%5.00%
W C J75.15%81.38%77.74%
(Zip) Code
1951

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.