48 Saratoga St Lynn — Photo 1 of 41
Recent Drop: $51,000
$799,000
Investment Analysis — 48 Saratoga St
Lynn, MA 01902
Based on rent reported on the MLS listing, a 2-unit multi-family in 01902 carries $2,500/mo in gross rent — about a 1.80% cap rate and $14,404/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,844
Style
2 Family - 2 Units Up/Down
Built
1927
SHOWING ONLY AT OPEN HOUSE SAT 9/12 12p-1:30p. Two-family property set on an oversized lot in a desirable Lynn location near Flax Pond. Both units offer a flexible floor plan with spacious rooms and solid interior condition, making this an ideal opportunity for owner-occupants and investors alike. Interior updates have been well cared for, allowing a new owner to focus on maximizing future value. The exterior will benefit from trim and shingle repairs and/or replacement, presenting a clear value-add opportunity. A detached oversized one-car garage and ample outdoor space add to the property’s appeal and functionality. With strong upside potential in rental income and a location close to commuter routes, and local amenities, this is a smart long-term hold with room to grow.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf
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Property History
$799,000
Was $899,412
Sep 11, 2026
MLS® 73494075
$899,412
Was $850,000
Aug 7, 2026
MLS® 73494075
$850,000
Mar 31, 2026
MLS® 73494075
Listing Agent: The Bill Butler Group
Listing Office: Leading Edge Real Estate
MLS® Number: 73494075
