Active
81 Days on market
117 Nahant St #1 Lynn — Photo 1 of 13

117 Nahant St #1 Lynn — Photo 1 of 13

$299,900

Investment Analysis — 117 Nahant St #1

Lynn, MA 01902

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 4.21% cap rate and $12,616/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

580

Style

Condominium

Built

1940

Experience refined living at 117 Nahant St U:1, Lynn, MA. Constructed in 1940, this 580 square foot condominium offers a singular opportunity for sophisticated urban dwelling. This condominium features fresh paint and hardwood floors throughout, one well-appointed bedroom, designed for comfort and tranquility. An updated bathroom provides essential convenience and style. Updated Kitchen with granite countertops and modern appliances. Situated on the first floor of a three-story building, this property offers ease of access and a seamless living experience. Discover the potential of this thoughtfully designed condominium and envision your next chapter here.

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$299,900
Annual Taxes$2,187
HOA Fee$408

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR5

Property & Lot

Acres2.01
SqFt Lot87,721
Lot Features--

Geography

Listing Provided By

Listing Agent: Cody Chy

Listing Office: Escalate Real Estate

MLS® Number: 73541370