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Essex 01951
42 Riverview Dr
Photo of 42 Riverview Dr
Sold on Oct 31, 2025

41

Map

Photo of 42 Riverview Dr
Photo of 42 Riverview Dr
$869,900
● House - Off Market

42 Riverview Dr

Newbury, MA 01951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,729 Ft²
$4,586
Est. Monthly
4.06%
Cap Rate

About This Property

Located just 3 short miles from Plum Island this lovingly maintained 3 Bedroom, 2 Bath Cape style home, complete w/a gem of a backyard abutting picturesque farmland, but still close enough to enjoy all Newburyport has to offer, is sure to please the most discerning of Buyers. The 1st floor w/Hardwood & Tile Floors features an Eat-In Kitchen w/Stainless Steel Appliances, & plenty of cabinetry. The Formal Dining Room w/built in China Hutch has French Doors leading to small balcony, a perfect place to enjoy cold drink on a warm summer night. Completing the 1st floor are the Living Room, Full Bath, & Den w/Plantation Style Shutter, + double closet that could be used as 1st floor Primary Bedroom. Upstairs are 3 Bedrooms and Full Bath. The backyard  w/Oversized Deck, Hot Tub, Gas Grill w/propane hook-up, & Hardwired Outdoor Speakers is perfect for entertaining,  Whole House Generator, 2 Car Garage w/storage above, Newer Vinyl Windows. ALL OFFERS DUE BY 12:00PM ON 9/9/25
Unit Size
1,729 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$492
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MLSPIN #73424505)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Sep 10, 2025 In contract -
In contract
Sep 2, 2025 Listed by Berkshire Hathaway HomeServices Verani Realty Salem $849,900
Listed by Berkshire Hathaway HomeServices Verani Realty Salem
Oct 1, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,006
  • Total Building Area: 1,877
  • Gross Building Area: 4,184
  • Building Area: 1,877
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,877
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0R48 B:0000 L:00021
  • Lot: 21
  • Municipality: NEWBURY
  • Latitude: 42.7918
  • Longitude: -70.846

    Address

  • Full Address: 42 Riverview Dr
  • Address - House Number: 42
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 1807
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $468,900

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 729,037
  • High Value: 840,933
  • Low Value: 617,142

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,500
  • Assessed Land Value: $281,400
  • Assessed Improvements Value: $329,100

    Sales

  • Current Sale Recording Date: Oct 20, 2008
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 01, 1996
  • Previous Sale Amount: $179,500
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2467 ft²

Average Home Age

72.8 years

Currently For Sale

1401 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: 2 years ago
Data Source: MLS PIN, MLS# 73424505

Frequently Asked Questions

When was property at 42 Riverview Drive built and last sold?
The property at 42 Riverview Drive was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Riverview Drive is $0.
What are some comparable homes to 42 Riverview Drive?
There are currently no comparable homes to 42 Riverview Drive.
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