285 Lynn Shore #706 Lynn — Photo 1 of 17
$189,900
Investment Analysis — 285 Lynn Shore #706
Lynn, MA 01902
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 6.48% cap rate and $12,296/yr in estimated NOI at the $189,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
460
Style
Condominium
Built
1893
Cozy 1-bedroom condo in the waterfront building in the Diamond District! Don't miss this sun-filled unit in just steps from the ocean. Freshly painted and move-in ready, it features a kitchen with quarts countertop, including a range, microwave, and refrigerator, ample closet space, and a full bath with tub and shower. The HOA covers heat, water, sewer, trash, elevator, offering convenience and value. Perfect for anyone craving a low-maintenance coastal lifestyle: high ceilings, tall windows for natural light. Minutes from Swampscott and downtown Lynn, with easy access to Boston via commuter rail, Logan Airport, scenic walk paths, parks, highways, and the marina. Street parking available. Live in it or lease it, either way, you're investing in a prime location. This unit offers exceptional value in one of the North Shore's most desirable waterfront locations.
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 MLS and other third-party data may be inaccurate or out of date.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
Kitchen
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstFlooring - Hardwood
Listing Agent: Amber D'Ambrosio
Listing Office: Cameron Prestige, LLC
MLS® Number: 73560625
