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Essex 01951
58 Riverfront East
Photo of 58 Riverfront East
Sold on Sep 24, 2026

34

Map

Photo of 58 Riverfront East
Photo of 58 Riverfront East
$990,000
● House - Off Market

58 Riverfront East

Newbury, MA 01951
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
950 Ft²
$6,540
Est. Monthly

About This Property

Available for the first time in almost a half-century, this cherished 2-bed, 1.5-bath riverfront cottage sits directly on the Parker River in Newbury with a private dock rebuilt in 2023. Newly installed roof (after listing photos were taken). At 950 sq ft, every inch is purposeful, and the screened-in porch facing the water is where mornings begin and evenings never want to end. Boat to Newburyport, fish off the dock, swim, tube, and make memories worth keeping. And when fall arrives on the Parker River, the water stays warm, the crowds disappear, and the bird watching is among the best on the North Shore. Close to Plum Island, Route 1, and I-95. Make this home your family's treasure for years to come!
Unit Size
950 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$1,263
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1875

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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 months ago (MLSPIN #73517364)

Price History

Date / Event Date Event Price
Sep 24, 2026 Sold
Premium
Sold
Aug 19, 2026 In contract -
In contract
May 13, 2026 Listed by Keller Williams Realty Evolution $1,200,000
Listed by Keller Williams Realty Evolution
Feb 1, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,600
  • Total Building Area: 950
  • Gross Building Area: 1,332
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 950
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • 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:0R11 B:0000 L:00028
  • Lot: 28
  • Municipality: NEWBURY
  • Latitude: 42.7628
  • Longitude: -70.8364

    Address

  • Full Address: 58 Riverfront
  • Address - House Number: 58
  • Address - Street Name: Riverfront
  • State: MA
  • City Name: Newbury
  • Carrier Code: C012
  • 4-Digit Zip Code: 2408
  • Zip Code: 01951

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $685,400

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 1,047,917
  • High Value: 1,216,812
  • Low Value: 879,021

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $892,400
  • Assessed Land Value: $684,700
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Recording Date: Feb 01, 1999
  • Current Sale Price:
    Premium
  • Current 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

2548 ft²

Average Home Age

72.1 years

Currently For Sale

1451 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

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Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73517364

Frequently Asked Questions

When was property at 58 Riverfront East built and last sold?
The property at 58 Riverfront East was built in 1875 and last sold on Jan 1, 1970 for $55,000.
How much is this home worth?
The estimated value of the home located at 58 Riverfront East is $1,170,469.
What are some comparable homes to 58 Riverfront East?
There are currently no comparable homes to 58 Riverfront East.
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