Active
3 Days on market
23 Brooklawn Terrace Lynn — Photo 1 of 42

23 Brooklawn Terrace Lynn — Photo 1 of 42

$575,000

Investment Analysis — 23 Brooklawn Terrace

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 3.83% cap rate and $22,012/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,360

Style

Single Family

Built

1915

This is one of the prettiest homes in Lynn! 23 Brooklawn Terrace lives beautifully, with well-proportioned rooms, high ceilings, hardwood flooring throughout and distinctive period details. Located on a quiet street near Flax Pond and only 1.5 miles from the ocean, this is your gateway to amazing recreation, beaches, nature and the North Shore, yet convenient to the commuter rail taking you into Boston’s North Station. Built in 1915, the home’s enclosed front porch is perfect for lazy days and leads into a gracious foyer with antique folding french doors. The classic living room has a bow window and a broad cased opening into the airy dining room with built-in china cabinet —a room perfect for holidays, family meals, crafting, homework or chilling out on your laptop. The cheery kitchen features bright green wood cabinets, fresh quartz countertops, newer stainless steel appliances, a gas stove and lots of storage to please any chef. The first-floor half bath delights with playful wallpaper and an updated vanity. Upstairs, the primary bedroom has a closet with a built-in cabinet to keep clothing and accessories organized, while two more bedrooms provide peaceful retreats. The full bath has an updated white vanity with granite countertop, classic pink tile and a tub/shower combination. The immaculate unfinished basement offers side-by-side laundry, a second refrigerator, storage shelves, exercise space and a wall-mounted TV with a hip wood accent wall for fun watch parties. Outside, the front garden features a fruit-bearing pear tree—take a look when you visit! Perennials fill the front and back yards, and the 3 car driveway leads to a two-car garage that has doubled as a workshop for the past few owners. Admire the hydrangea tree and hanging vines framing the garage’s antique doors as you pass through the white picket fence into a charming backyard. The fenced in yard unfolds over three levels: a Japanese maple tree graces the top level, the second level offers perimeter gardens and room for seating or a fire pit, and the broad lower level provides plenty of room for play. The garage’s lower level offers additional storage. With wonderful period character, flexible spaces and inviting gardens, this is a home that feels special from the moment you arrive!

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: 680 sq ft (the lesser of 900 sq ft or half the 1,360 sq ft principal dwelling). Lot size: 6,404 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.

Open Houses

Property Details

Financials

Original Price$575,000
Annual Taxes$6,078

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Tile, Flooring - Hardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingHot Water, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.15
SqFt Lot6,404
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

12 x 13

Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors

Dining Room
Lvl First

13 x 15

Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Pendant

Kitchen
Lvl First

12 x 15

Flooring - Hardwood, Countertops - Upgraded, Exterior Access, Stainless Steel Appliances

Master Bedroom
Lvl Second

10 x 13

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Closet - Double

Bedroom 2
Lvl Second

10 x 13

Bedroom 3
Lvl Second

10 x 13

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

5 x 5

Bathroom - Half, Flooring - Hardwood, Remodeled

Bathroom 2
Lvl Second

8 x 10

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded

Listing Provided By

Listing Agent: Corinne Schippert

Listing Office: MA Properties

MLS® Number: 73574713