11 Homestead Road Lynnfield — Photo 1 of 22
$729,000
Investment Analysis — 11 Homestead Road
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01940 carries an estimated $3,900/mo in gross rent — about a 3.76% cap rate and $27,394/yr in estimated NOI at the $729,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,629
Style
Single Family
Built
1941
Location, location, location. A new SEPTIC system has just been installed, offering a valuable recent improvement. Rare opportunity in sought-after Lynnfield! This home has strong and presents exceptional potential for an owner-occupant, builder, contractor, or investor looking to renovate and create something special. Ideally located near Lynnfield schools, shopping, dining and major commuter routes, this property offers a desirable setting with a significant upside. A unique opportunity to invest, add value and make this home your own in one of Lynnfield's most desirable communities.
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: 815 sq ft (the lesser of 900 sq ft or half the 1,629 sq ft principal dwelling). Lot size: 11,530 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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Microwave
Neighborhood
Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11.9 x 21.3
Flooring - Hardwood, Crown Molding
Dining Room
Lvl Main,First10.5 x 11.8
Flooring - Hardwood, Crown Molding
Kitchen
Lvl Main,First16 x 9.1
Flooring - Vinyl
Primary Bedroom
Lvl Second17.6 x 11.1
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second10.2 x 10.4
Bedroom 3
Lvl Main,First9.1 x 12.5
Closet, Flooring - Hardwood
Bedroom 4
Lvl First9.1 x 12.5
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Listing Agent: Lina Verderese
Listing Office: Showcase Of Homes, REALTORS®
MLS® Number: 73574318
