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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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11 & 13 16th St , Newbury, MA 01951
$695,000
Est. Payment: $1,544.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 103
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AN8113 - CN220700
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House Description

Rare buildable 0.2273-acre (9,900 sq ft) lot in Newbury on Plum Island! Combine two side-by-side parcels (11 & 13) to build a multi-story home located on quiet 16th Street in the Newbury Plum Island Overlay District (PIOD) with northern views of The Basin. Unlike most of Plum Island, this is NOT in a flood zone. Preliminary due diligence with the town suggests the footprint supports approximately 1980 sq ft with 3BR of new construction with ample room for plenty of off-street parking. Municipal water and sewer are already on the street. An existing 600 sq ft cottage, supporting seasonal use, on parcel 13 establishes an excellent precedent for non-conforming structure/use. A 2-lot survey is available. Buyer is responsible for combining the parcels and for paying an outstanding $2,400 sewer betterment assessment (Water betterment has been paid) and to perform all due diligence. Signage on-site—come create your dream island getaway!

Highlights

Listed by Barry Mitchell , 508-527-3529 Coldwell Banker Realty , 978-462-4430.

Property Type

Vacant Land

Lot/Acreage
0.23

County

Essex

Area

Plum Island

Listing ID

73531220

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:At Street

Exterior Features

Lot:Level,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public,Other (See Remarks))
Zoning:Plum Isand
Sewer:Public Sewer,At Street
Principal Interest
$1,544
Taxes
$218

Home Price

$695,000

Loan Details

30 yrs
%

Down Payment

20%
$139,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,544.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,544.44 $217.75 $0.00 $1,762.19
Yearly $18,533.33 $2,612.97 $0.00 $21,146.30
Total $556,000.00 $78,389.10 $0.00 $634,389.10

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Newbury, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.