Active
78 Days on market
101 Nahant St #3 Lynn — Photo 1 of 24

101 Nahant St #3 Lynn — Photo 1 of 24

$289,900

Investment Analysis — 101 Nahant St #3

Lynn, MA 01902 — Diamond District

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01902 carries an estimated $2,160/mo in gross rent — about a 4.00% cap rate and $11,589/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

580

Style

Condominium

Built

1940

Just steps away from the beautiful ocean beach! Move into this large one bedroom unit located in the historic Diamond District of Lynn near the Swampscott line. Tastefully completely renovated spacious one bedroom unit in well managed and maintained Shore Condominiums. Open eat-in kitchen with new cabinets and granite counter-tops, all brand new stainless steel appliances, brand new tiled bathroom, gleaming hardwood floors, large storage bin in the basement. One car off street parking space just right from the back door entrance. About ten miles up the coast from Boston and Logan Airport. Condo fee includes heat and hot water! Great place to live or keep as an investment.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$289,900
Annual Taxes$2,338
HOA Fee$481

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringHardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofRubber
Foundation--
ZoningR5

Property & Lot

Acres2.01
SqFt Lot87,721
Lot Features--

Amenities & Appliances

Range • Dishwasher

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Public School • T-Station • University

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl Second

Closet, Flooring - Hardwood, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Second

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Remodeled, Stainless Steel Appliances

Primary Bedroom
Lvl Second

Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Overhead

Listing Provided By

Listing Agent: Michael Romanovsky

Listing Office: MGR Global Realty, Inc.

MLS® Number: 73542708