
22 Porter St Lynn — Photo 1 of 24
$565,000
Investment Analysis — 22 Porter St
Lynn, MA 01902 — East Lynn
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 4.01% cap rate and $22,636/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,603
Style
Single Family
Built
1880
Picture pulling into a driveway with room for nine vehicles, work trucks, an RV, or all your gear with space to spare. Relax on the front porch as the evening winds down, or gather around a fire pit in the side yard with friends on a Saturday night. Step inside and soaring ceilings, rich hardwood floors, and a renovated kitchen set a tone that feels both grand and welcoming. A spacious unfinished basement is ready for your next project, whether that is a home gym, workshop, or extra storage. The seller just completed a full electrical upgrade, replacing all knob and tube wiring throughout the home, along with a partial roof replacement, so you can settle in without wondering what is behind the walls. A new water heater, new storm windows, freshly painted siding, updated bath fixtures, and redone front steps mean the big jobs are already handled. The rest of the home is ready for your personal touch, giving you the chance to update it your way and build equity as you go. You are minutes from the commuter rail, Lynn's waterfront, restaurants, and art galleries.
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: 802 sq ft (the lesser of 900 sq ft or half the 1,603 sq ft principal dwelling). Lot size: 7,035 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstFlooring - Hardwood, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Kitchen Island, Cabinets - Upgraded, Remodeled, Gas Stove, Lighting - Overhead
Family Room
Lvl FirstFlooring - Hardwood, Lighting - Overhead
Master Bedroom
Lvl SecondFlooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood, Attic Access, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Gas, Washer Hookup, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead
Property History
$565,000
Aug 31, 2026
MLS® 73570039
$569,900
Aug 7, 2026
MLS® 73537551
$569,900
Jun 17, 2026
MLS® 73537551
Listing Agent: Johnathon Harman
Listing Office: Team Zingales Realty, LLC
MLS® Number: 73570039
