12 Bailey St Lynn — Photo 1 of 42
$475,000
Investment Analysis — 12 Bailey St
Lynn, MA 01904
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01904 carries an estimated $3,080/mo in gross rent — about a 4.95% cap rate and $23,534/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,160
Style
Single Family
Built
1885
Adorable 3–4 bedroom home tucked away on a quiet dead-end street in Lynn! This inviting home offers hardwood floors throughout the main living areas, with tile flooring in the kitchen and bathroom. The first floor features a flexible bonus room with a closet that can be used as a fourth bedroom, home office, playroom, or dining room. Upstairs, you’ll find three additional bedrooms.The kitchen and bathroom feature tile flooring, and the bathroom includes a tiled shower. Convenient washer/dryer hookups are also located in the home.Outside, enjoy a fenced-in backyard offering privacy and space to relax, garden, or entertain. A large detached shed provides excellent storage and features its own enclosed porch—an unusual and versatile bonus space.Located on a peaceful dead-end street while still offering convenient access to Lynn amenities, shopping, dining, and transportation. A charming home with flexible living space and plenty of potential!
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: 580 sq ft (the lesser of 900 sq ft or half the 1,160 sq ft principal dwelling). Lot size: 5,863 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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Interior Specifications
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Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Microwave • Refrigerator
Geography
Property History
$475,000
Sep 4, 2026
MLS® 73571948
$514,999
Jul 1, 2026
MLS® 73523020
$514,999
May 22, 2026
MLS® 73523020
Listing Agent: Nicole Canavan
Listing Office: Commonwealth Standard Realty Advisors
MLS® Number: 73571948
