404 Broadway #303 Lynn — Photo 1 of 13
$339,900
Investment Analysis — 404 Broadway #303
Lynn, MA 01904
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01904 carries an estimated $2,160/mo in gross rent — about a 3.56% cap rate and $12,112/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
895
Style
Condominium
Built
1980
Welcome to effortless top-floor living at the sought-after Flax Pond Condominiums! This bright, spacious 1-bedroom, 1-bathroom condo offers an expansive open-concept layout with clean, modern flooring throughout. Large sliding glass doors lead out to your private top-floor balcony, the perfect spot to relax with views of the sparkling in-ground pool and scenic Flax Pond.The functional kitchen features crisp white cabinetry and the ultimate convenience of in-unit laundry. Retreat to an oversized primary bedroom that comfortably accommodates a king bed and office setup, complete with generous closet space. Additional highlights include central air, updated bath fixtures, dedicated basement storage, and 1 deeded parking space plus visitor parking. Currently tenant-occupied through October 2026, this turn-key condo is an outstanding opportunity for an investor seeking immediate rental income or an owner-occupant looking to lock in today’s purchase! Enjoy resort-style summer days by the pool, all while situated in an ideal commuter location on Broadway—minutes to Rt 1, I-95, public transit, Lynn Woods, local dining, and North Shore beaches.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: The Elle Group
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73553304
