285 Lynn Shore Dr #101 Lynn — Photo 1 of 12
Recent Drop: $20,001
$199,999
Investment Analysis — 285 Lynn Shore Dr #101
Lynn, MA 01902 — Diamond District
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01902 carries an estimated $2,160/mo in gross rent — about a 5.89% cap rate and $11,777/yr in estimated NOI at the $199,999 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
455
Style
Condominium
Built
1893
Oceanfront first-floor condominium offering a fantastic opportunity at a truly affordable price. This unit features a desirable front-facing location with easy access and beautiful coastal surroundings. Enjoy the convenience of condominium living along Lynn Shore Drive, close to beaches, restaurants, shopping, and major routes.This property is being sold cash only. Buyers are strongly encouraged to conduct their own due diligence regarding any current or future special assessments, condominium association finances, management matters, and all building-related issues prior to purchase. A unique opportunity to own a coastal property with great potential in a sought-after waterfront location. Don't miss this opportunity to invest in a prime coastal location with strong rental potential, Schedule your showing today
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl null16 x 13
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl null9 x 7
Flooring - Stone/Ceramic Tile, Gas Stove
Primary Bedroom
Lvl null11 x 13
Bathroom - Half
Bathroom 1
Lvl null7 x 6
Bathroom 2
Lvl null3 x 4
Property History
$199,999
Was $220,000
Sep 11, 2026
MLS® 73538018
$220,000
Jun 18, 2026
MLS® 73538018
Listing Agent: Edwin Contreras
Listing Office: Broad Sound Real Estate, LLC
MLS® Number: 73538018
