
11 Tappan Way Lynnfield — Photo 1 of 38
Recent Drop: $199,005
$1,995,995
Investment Analysis — 11 Tappan Way
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01940 carries an estimated $4,300/mo in gross rent — about a 0.89% cap rate and $17,730/yr in estimated NOI at the $1,995,995 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
5,148
Style
Single Family
Built
2007
Set at the end of a quiet cul-de-sac, 11 Tappan Way is a 2007-built Colonial where thoughtful design meets everyday ease. A picture-perfect facade opens into sun-filled rooms and a layout that flows effortlessly from one space to the next. A private home office anchors quiet workdays, while a newly designed lower-level pub sets the stage for long evenings with friends. Upstairs, the primary suite impresses with double-door his-and-hers closets and a beautifully appointed bath, while generously sized secondary bedrooms and a walk-up attic offer room to grow. Outside, a fenced, wooded backyard provides rare privacy and space to breathe, complemented by a three-car garage and curb appeal that sets the tone before the front door even opens. Moments from Market Street, Lynnfield middle school, and Partridge Island Trail, this home offers the rare combination of move-in-ready comfort and an unbeatable location.
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: 900 sq ft (the lesser of 900 sq ft or half the 5,148 sq ft principal dwelling). Lot size: 32,535 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.
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Gas Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Freezer • Washer • Dryer
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Property History
$1,995,995
Was $2,145,000
Aug 26, 2026
MLS® 73542350
$2,145,000
Was $2,195,000
Aug 11, 2026
MLS® 73542350
$2,195,000
Jun 26, 2026
MLS® 73542350
Listing Agent: The Avenue
Listing Office: Serhant
MLS® Number: 73542350
