2 Old PtNewbury, MA 01951

  • Retail properties
  • 1,951 SF
Off market
$4,902,220 Estimated

Property Details for 2 Old Pt

Year built
2021
Lot size
0.49 AC
Property size (Sq ft)
1,951 SF
Zone code
AR4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
NEWB M:0U02 B:0000 L:00154
APU
NEWBM0U02B0000L00154

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $474,161
    6.5%
    $437,687
    7%
    $406,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $642,392
    Geo Method
    $642,392
  • Alternative Use

    Use
    Valuation
    Residential
    $369,206
    Hospitality
    $338,190
    Educational
    $281,370
    Medical
    $291,047
    Retail
    $437,687
2 Old Pt, Newbury, Massachusetts
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Location Insight

City
Newbury
County
Essex
State
Massachusetts
Latitude
42.7992
Longitude
-70.813
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,744
-
$878,100
$878,100
-
-
-
-

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