
43 Ocean Ave #43 Lynn — Photo 1 of 27
$495,000
Investment Analysis — 43 Ocean Ave #43
Lynn, MA 01902 — Diamond District
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01902 carries an estimated $2,560/mo in gross rent — about a 2.69% cap rate and $13,316/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,095
Style
Condominium
Built
1988
Nestled along the shoreline in Lynn's historic Diamond District, this charming three-level condominium at the iconic Benz Estate Condominium offers the perfect blend of coastal living, character, and convenience. Featuring 2 bedrooms, huge bonus room, 1.5 baths, and ocean views from both the first and second floors, this inviting home provides a peaceful retreat just moments from the water.The thoughtfully designed layout offers comfortable living across three levels, creating distinct spaces for relaxing, entertaining, and working from home. Step outside to your private deck, the perfect place to enjoy your morning coffee, unwind with an evening breeze, or simply take in the sights and sounds of the Atlantic.Parking is a rare luxury with both a garage space and an additional outdoor parking spot included. Located within one of Lynn's most distinctive historic estates, you'll enjoy the timeless appeal of the Diamond District while being just minutes from beaches, parks, downtown Lynn, commuter rail service to Boston, and the many restaurants and shops that continue to transform this vibrant coastal community.Whether you're seeking a year-round residence or a low-maintenance seaside lifestyle, this unique home offers the opportunity to own a piece of North Shore history with the ocean practically at your doorstep.
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
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 14
Flooring - Hardwood
Dining Room
Lvl First14 x 10
Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl First10 x 8
Bathroom - Half, Flooring - Hardwood, Gas Stove
Master Bedroom
Lvl Second15 x 15
Closet, Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl Second13 x 10
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl FirstBathroom - Half
Listing Agent: Jeanmarie Minton
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73558704
