7 Chute Rd Newbury — Photo 1 of 24
$799,000
Investment Analysis — 7 Chute Rd
Newbury, MA 01922 — Byfield
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01922 carries an estimated $3,080/mo in gross rent — about a 2.88% cap rate and $23,046/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,080
Style
Single Family
Built
1925
Lovingly maintained 3 bed/2 bath Colonial offering loads of flexibility! The first floor offers spacious living room with beamed ceilings and hardwood floors, lovely granite eat-in-kitchen and convenient laundry room. The second level features a flexible layout with potential for ADU conversion! Large family room with gas fireplace and cathedral ceilings leads to a spacious bedroom and full tile bath. Additionally, this level offers 2 sizable bedrooms, office nook and 2nd full, modern bath. Features include, hardwood flooring, full basement, 1/2 acre lot with above ground pool, new roof, 2 car garage, stand-by propane generator, rear deck with hot tub (included), storage shed and firepit. This home has it all. Ideally located in a convenient commuter location with easy access to major routes, shopping, and area amenities. A wonderful 'move in ready' opportunity with space and versatility in the Triton School District.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,080 sq ft principal dwelling). Lot size: 14,401 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.5 x 12.6
Beamed Ceilings, Flooring - Wood, Recessed Lighting
Kitchen
Lvl Main,FirstBeamed Ceilings, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting
Office
Lvl Second8.4 x 5.1
Flooring - Wall to Wall Carpet, Lighting - Overhead
Family Room
Lvl Second25.4 x 18
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Recessed Lighting
Primary Bedroom
Lvl Second17 x 12.5
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting, Closet - Double
Bedroom 2
Lvl Second15.5 x 11.11
Bedroom 3
Lvl Second12 x 10.11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl Second9.1 x 8.6
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl Second9.7 x 9.6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
Listing Agent: Domenica Giordano
Listing Office: Century 21 North East
MLS® Number: 73578406
