Active Under Contract
70 Days on market
48 Forrester Newburyport — Photo 1 of 42

48 Forrester Newburyport — Photo 1 of 42

Recent Drop: $100,000

$1,100,000
$1,000,000

$1,000,000

Investment Analysis — 48 Forrester

Newburyport, MA 01950

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01950 carries an estimated $3,080/mo in gross rent — about a 1.90% cap rate and $19,033/yr in estimated NOI at the $1,000,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,559

Style

Single Family

Built

1899

Welcome to 48 Forrester Street, a beautifully maintained 3-bedroom home offering the perfect blend of coastal charm, modern comfort, and an exceptional location. Situated on a desirable in-town street, this inviting home is just minutes from downtown Newburyport, the waterfront, beaches, boutique shopping, the rail trail, and renowned restaurants. Inside, bright, sun-filled living spaces create a warm and welcoming atmosphere designed for both everyday living and entertaining. Step outside to an impressive custom hardscaped backyard featuring a spacious patio, thoughtfully designed for summer gatherings, outdoor dining, and relaxing in your own private retreat. A storage shed provides additional space for tools, bikes, and outdoor gear, while two off-street parking spaces add everyday convenience. With easy access to major routes, the New Hampshire Seacoast, and Portsmouth, this home offers the ideal combination of lifestyle, convenience, and coastal living.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 780 sq ft (the lesser of 900 sq ft or half the 1,559 sq ft principal dwelling). Lot size: 4,480 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$1,100,000
Annual Taxes$9,057

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Hardwood, Flooring - Hardwood
BasementInterior Entry, Dirt Floor, Unfinished

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR3

Property & Lot

Acres0.1
SqFt Lot4,480
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Sidewalks

Geography

Floorplan Breakdown

Structural Layout

Third
OfficeBedroom 3
Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

11.916666666 x 18.416666666

Flooring - Hardwood, Exterior Access

Dining Room
Lvl First

14.916666666 x 14.833333333

Flooring - Hardwood

Kitchen
Lvl Main,First

13.5 x 12.666666666

Flooring - Hardwood, Pantry, Kitchen Island, Breakfast Bar / Nook, Open Floorplan

Office
Lvl Third

6.416666666 x 11.666666666

Skylight, Flooring - Hardwood

Primary Bedroom
Lvl Second

14.916666666 x 14.833333333

Skylight, Vaulted Ceiling(s), Flooring - Hardwood

Bedroom 2
Lvl Second

19.333333333 x 12.5

Bedroom 3
Lvl Third

12.5 x 15.75

Flooring - Hardwood

Bathroom 1
Lvl First

7.75 x 9.083333333

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

7.083333333 x 9.083333333

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Property History

Price Drop
$1,000,000

Was $1,050,000

Aug 7, 2026

MLS® 73547504

Price Drop
$1,050,000

Was $1,100,000

Jul 31, 2026

MLS® 73547504

Listed
$1,100,000

Jul 9, 2026

MLS® 73547504

Listing Provided By

Listing Agent: Tyler Richards

Listing Office: Realty ONE Group Nest

MLS® Number: 73547504