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38 Way To The River Rd, West Newbury MA 01985

West Newbury, MA 01985
$1,189,000
$1,129,000
Est. $6,785/month
5
Beds
4
Baths
3,485
Sq Ft
$324
Price/Sq Ft
2.36
Acres
1981
Year Built
3
Garage Spaces
60
Days on Market
Active Price Drop -$60,000 Listed May 14, 2026 • MLS# 73519383 Copied! • Updated Jun 14, 2026

About this home

Set on 2.3 secluded wooded acres, this custom-built contemporary multi-family home combines modern comfort with a peaceful natural setting. Located just moments from the scenic River Road trails and Merrimack River views. The main unit features an open-concept floor plan with hardwood floors, abundant natural light, and an adjacent deck overlooking the peaceful wooded setting, creating an inviting space for everyday living and entertaining. The second unit provides the convenience of one-floor living with a spacious open-concept layout designed for both comfort and functionality. Additional highlights include a three-car garage and flexible living arrangements ideal for multi-generational living, rental opportunities, or investment potential. The current tenant in the apartment is a tenant at will. You’ll find Way to the River Rd. to be one of the loveliest streets in town.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5%
Price Range

Property Timeline

Price Reduced
Jun 10, 2026
$1,129,000 $60,000 (-5.05%)
From $1,189,000 to $1,129,000 (-5.0%)
🏠
Listed for Sale
May 14, 2026
$1,189,000
Original listing
Agent: Jim Bragg Office: Coldwell Banker Realty

Tax History

Year Taxes Assessment
2025 $10,509 $973,100

Financial Details

Annual Property Tax
$10,509
Tax Year 2025
Assessed Value
$973,100

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 1981
Living Area 3,485 sq ft
Lot Size 2.36 acres
Bedrooms 5
Full Baths 4
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,400/mo · N
Total Monthly Rent $2,400/mo
Gross Income $28,800
Net Operating Income $28,800
Cap Rate 2.55%
Heating Central, Baseboard, Wood Stove, Unit Control
Cooling Wall Unit(s), Multi Units
Flooring Wood, Tile, Carpet, Hardwood, Stone/ceramic Tile
Appliances Oven, Range, Refrigerator, Washer, Dryer, Dishwasher
Fireplace None
Basement Full, Interior Entry, Concrete, Unfinished
Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Bathroom With Shower Stall, Bathroom With Tub, Living Room, Dining Room, Kitchen, Loft
Construction Frame, Post & Beam
Architecture None
Roof Shingle
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Composite
Garage Spaces 3
Has Garage Yes
Features Off Street, Stone/gravel
Total Spaces 11
Electric 110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service, Common
Water Private
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $10,509
Assessed Value $973,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures All Appliances Both Units Are Left As Gifts.
Possession None
Accepted Financing Contract
Structure Type []
House Color Slate Blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 31 days

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1981
Bedrooms
5
Full Bathrooms
4
Living Area
3,485 sq ft
Total Rooms
12
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
Appliances: Oven, Range, Refrigerator, Washer, Dryer, Dishwasher
Interior Features: Ceiling Fan(s), Bathroom with Shower Stall, Bathroom With Tub, Living Room, Dining Room, Kitchen, Loft
Windows: Insulated Windows
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1981
Structure Type:
Exterior Materials: Frame, Post & Beam
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Central, Baseboard, Wood Stove, Unit Control
Heating Zones: 5
Cooling: Wall Unit(s), Multi Units
Hot Water: Oil, Tank
Water Source: Private
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Deck, Deck - Composite
Fencing:
Other Structures:
Lot Features: Wooded, Level
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 11
Parking Features: Off Street, Stone/Gravel

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $876
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

38 Way To The River Rd, West Newbury MA 01985

West Newbury, MA 01985

Listing Information

Listing Agent Jim Bragg
Listing Office Coldwell Banker Realty
Office Phone 978-462-4430
Agent MLS ID C8000416
Office MLS ID AN8113
Listing Data Updated Jun 14, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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