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5 Green Meadow Dr Lynnfield — Photo 1 of 42

5 Green Meadow Dr Lynnfield — Photo 1 of 42

$1,599,000

Investment Analysis — 5 Green Meadow Dr

Lynnfield, MA 01940

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01940 carries an estimated $4,300/mo in gross rent — about a 1.53% cap rate and $24,401/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

4,529

Style

Single Family

Built

1998

Tucked away on a desirable cul-de-sac, this inviting Colonial offers exceptional indoor and outdoor living, surrounded by beautifully maintained landscaping and an expansive, private fenced backyard. A charming farmer’s porch creates a welcoming first impression and sets the tone for the warmth found throughout the home. The spacious, fully applianced kitchen features abundant cabinetry, granite countertops, stainless steel appliances, built-in microwave, center island, and plenty of room for casual dining. The cathedral-ceiling sunroom, surrounded by walls of windows, provides a peaceful place to unwind. An oversized family room is filled with natural light and highlighted by a striking floor-to-ceiling stone fireplace. The formal living and dining rooms flow seamlessly together, creating an ideal front-to-back entertaining space. A versatile first-floor bedroom/office features a barn door and custom built-ins, while the finished lower-level living area provides additional flexibility for extended family.Recent updates include: **2023** — ceiling lights, exterior painting, above-ground pool, pool deck, patio/fire pit, and backyard walkway. **2021** — roof, A/C, washer and dryer, refrigerator, and dishwasher.This is a must see.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,529 sq ft principal dwelling). Lot size: 29,054 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Open Houses

Property Details

Financials

Original Price$1,599,000
Annual Taxes$14,815

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Laminate, Hardwood, Flooring - Hardwood, Flooring - Vinyl, Flooring - Wall to Wall Carpet
BasementFull, Finished, Bulkhead, Sump Pump

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.67
SqFt Lot29,054
Lot FeaturesCul-De-Sac, Easements, Level

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Pool • Park • Golf • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl Main,First

13 x 17

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

13 x 14

Flooring - Hardwood, French Doors, Open Floorplan, Recessed Lighting

Kitchen
Lvl Main,First

13 x 18

Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting

Family Room
Lvl Main,First

24 x 24

Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl Second

20 x 14

Bathroom - 3/4, Walk-In Closet(s), Flooring - Wood, Recessed Lighting

Bedroom 2
Lvl Second

11 x 11

Bedroom 3
Lvl Second

13 x 11

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

14 x 11

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting

Listing Provided By

Listing Agent: Louise Touchette Team

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73572638