
23 Lovers Leap Ave Lynn — Photo 1 of 19
$679,900
Investment Analysis — 23 Lovers Leap Ave
Lynn, MA 01904 — Pine Hill
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 3.23% cap rate and $21,929/yr in estimated NOI at the $679,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,720
Style
Single Family
Built
2003
Welcome to 23 Lovers Leap Ave, a well-maintained and thoughtfully updated Raised Ranch in Lynn’s Pine Hill area. The main level features an open kitchen and dining area with stone countertops, stainless steel appliances, recessed lighting, and a layout that flows comfortably into the living space. Three bedrooms and a full bath complete the main level, giving the home a practical and easy-to-use setup. The finished lower level adds valuable flexibility, with additional living space, a second full bath, laundry area, and direct access to the garage. Whether used as a family room, home office, or bonus living area, it gives buyers options beyond the main floor. Outside, the side deck, patio area, and stone retaining walls add usable outdoor space, while the location offers convenient access to local amenities, shopping, parks, conservation areas, schools, highway access, and public transportation.
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: 860 sq ft (the lesser of 900 sq ft or half the 1,720 sq ft principal dwelling). Lot size: 3,638 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 16
Walk-In Closet(s), Flooring - Wood, Deck - Exterior, Exterior Access, Recessed Lighting, Storage
Dining Room
Lvl Second11 x 11
Flooring - Wood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Overhead
Kitchen
Lvl Second12 x 11
Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant
Family Room
Lvl Second13 x 11
Flooring - Wood, Recessed Lighting
Master Bedroom
Lvl Second13 x 11
Ceiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl Second12 x 11
Bedroom 3
Lvl Second12 x 11
Ceiling Fan(s), Closet, Flooring - Wood
Bathroom 1
Lvl Second7 x 8
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Wood
Bathroom 2
Lvl First5 x 12
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Property History
$679,900
Sep 9, 2026
MLS® 73574347
$679,900
Jul 14, 2026
MLS® 73537772
$679,900
Jun 17, 2026
MLS® 73537772
$650,000
Feb 21, 2025
MLS® 73324923
$630,000
Jan 30, 2025
MLS® 73324923
$630,000
Jan 9, 2025
MLS® 73324923
$230,000
Oct 13, 2010
MLS® 71064065
$235,000
Apr 13, 2010
MLS® 71064065
Listing Agent: Mcsalomon Osias
Listing Office: Fiv Realty Co.
MLS® Number: 73574347
