198 Locust #1-706 Lynn — Photo 1 of 25
Recent Drop: $10,000
$379,000
Investment Analysis — 198 Locust #1-706
Lynn, MA 01904
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01904 carries an estimated $2,560/mo in gross rent — about a 3.78% cap rate and $14,340/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
940
Style
Condominium
Built
1988
Discover the epitome of comfortable living at this most sought after condominium community. This 2 bedroom 1 1/2 bath home is an inviting, ready to move in home, promising a seamless transition to your new lifestyle. This thoughtfully designed condominium features two well-proportioned bedrooms, providing ample private space. Complementing these are one full bathroom and an additional half bathroom, offering convenience and flexibility for residents and guests alike. Enjoy the exclusive privilege of a community pool, perfect for relaxation and recreation just steps from your door. This home is designed for effortless living. Embrace the opportunity to experience this charming condominium firsthand.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Balcony / Deck, Remodeled, Slider
Dining Room
Lvl FirstFlooring - Laminate, Balcony / Deck, Remodeled, Slider
Kitchen
Lvl FirstBathroom - Full, Flooring - Laminate, Dining Area
Master Bedroom
Lvl FirstBathroom - Half, Walk-In Closet(s), Flooring - Laminate, Remodeled
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$379,000
Was $389,000
Sep 1, 2026
MLS® 73544365
$389,000
Jul 2, 2026
MLS® 73544365
Listing Agent: Cynthia Anselmo
Listing Office: East Coast Properties
MLS® Number: 73544365
