38 Main Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by Coldwell Banker Realty - Beverly | $1,250,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| |||
|
Experience the timeless elegance of Berry Farm, a distinguished 19th-century estate located at 38 Main Street in the heart of Newbury. This 3,649 sq. ft. colonial masterpiece, crowned with a graceful mansard roof and wrapped in classic covered porches, stands as a rare blend of historic grandeur and curated beauty. Set on 1.4 acres of meticulously manicured, century-old grounds, the property welcomes you with botanical splendor-mature trees, vibrant heirloom plantings, and a tranquil live Koi pond that evokes a private sanctuary. A separately fenced inground lap-pool and expansive flat green lawn offers resort-like living, perfect for entertaining, recreation, and pets within a fully fenced landscaped. The grand front entry reveals a dramatic mahogany staircase rising to five oversized bedrooms and three-and-a-half baths. Sunlight pours across newly finished hardwood floors, highlighting exquisite 12-inch baseboards and intricate period moldings.
| |||
| Oct 9, 2015 | Sold | ||
| Sold | |||
| Sep 9, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017