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Essex 01951
243 A High Rd
$638,000
● Land - Off Market

243 A High Rd

Newbury, MA 01951
bedrooms
Studio
bathrooms
0 Bath
$645,846
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Build you dream home on this 2.3 Acre lot in prime location in Newbury!  No Builder Tie in, meaning you can hire any builder or be your own General Contractor / builder. Just minutes to downtown Newburyport and Plum Island Beach makes this a great location, location, location! The property set back far off the main street which allows for a private driveway and great privacy on this large lot.  Call today to schedule a walk on the land and do not miss this amazing opportunity to Build New and enjoy the low taxes of Newbury all close to the action of Newburyport!
Unit Size
-
Days on Market
-
Land Size
2.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$417
HOA Dues
-
Year Built
1860

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73136435)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Premium
Sold
Jul 21, 2025 In contract -
In contract
Jun 17, 2025 Price Decreased $515,000
↓ $123K (19.3%)
Price Decreased
Apr 22, 2025 Relisted $638,000
Relisted
Apr 17, 2025 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,158
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 218,497
  • Total Building Area: 2,076
  • Gross Building Area: 3,234
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005016
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Triton School District
  • School Tax School District: TRITON SD
  • Census Tract: 269100

Zoning

  • Zoning: AR4

Geography

  • Parcel: NEWB M:0R27 B:0000 L:00061
  • Lot: 61
  • Municipality: NEWBURY
  • Latitude: 42.7701
  • Longitude: -70.8421

    Address

  • Full Address: 243 High Rd
  • Address - House Number: 243
  • Address - Street Name: High
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2200
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $660,300

    Appraisal Valuation

  • Standard Deviation: 0.2701
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 526,901
  • High Value: 669,254
  • Low Value: 384,548

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $859,800
  • Assessed Land Value: $459,500
  • Assessed Improvements Value: $400,300

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210924005310
  • Previous Sale Recording Date: Sep 17, 1998
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2597 ft²

Average Home Age

73.2 years

Currently For Sale

1387 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73136435

Frequently Asked Questions

When was property at 243A High Road built and last sold?
The property at 243A High Road was built in 1860 and last sold on Sep 24, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 243A High Road is $520,150.
What are some comparable homes to 243A High Road?
There are currently no comparable homes to 243A High Road.
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