344 Broadway Lynnfield — Photo 1 of 30
Recent Drop: $89,888
$1,110,000
Investment Analysis — 344 Broadway
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01940 carries an estimated $2,610/mo in gross rent — about a 0.69% cap rate and $7,607/yr in estimated NOI at the $1,110,000 list price. Adjust every assumption in the calculator below.
Beds
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Style
Other
Built
1934
PRICE REDUCTION!Unique property consist of a brick single family dwelling and building with greenhouse located on route 1 south bound. 210 ' of frontage right on route 1.Fantastic visibility! Thousands of vehicles passing by daily ! The property can be rented out to 2 DIFFERENT TENANTS The tenant for the house can be different from the tenant for the building The use is to be approved by town Buyer/buyer's agent to perform your own due diligence. Title V to be requested upon written offer if applicable.The single family dwelling needs TLC and the building with greenhouse is in dis-repair.Single family home living space is approx 1546 and the building/greenhouse is approx 2000 sq ft.Zoning is residential any additional use needs BOA Approval.
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 MLS and other third-party data may be inaccurate or out of date.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
Property History
$1,110,000
Was $1,199,888
May 6, 2026
MLS® 73358896
$1,110,000
Apr 26, 2025
MLS® 73365155
$1,199,888
Apr 11, 2025
MLS® 73358896
Listing Agent: Julie Tsakirgis Group
Listing Office: RE/MAX Property Shoppe, Inc.
MLS® Number: 73358896
