773 Boston St #773 Lynn — Photo 1 of 26
$495,000
Investment Analysis — 773 Boston St #773
Lynn, MA 01905 — West Lynn
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01905 carries an estimated $3,080/mo in gross rent — about a 3.75% cap rate and $18,583/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,400
Style
Condominium
Built
1987
This townhouse was renovated in 2018. Open-concept floor plan; kitchen, dining area, and living room. Stainless steel kitchen appliances along with granite counters. 2 good sized bedrooms upstairs. First and second floors are all hardwood. HVAC, 2-zone forced hot air for heat and 2-zone air conditioning. Nicely finished basement can be used as a legal bedroom per the Lynn building department. Basement flooring is ceramic tile. Roof 2019. Vinyl Siding 2023. Gas water heater 2022. Front and rear decks recently sanded, primed, and painted. Interior walls need painting. This association is well managed with approximately 45,000$+ in reserves. Lynn, nahant and revere beaches, 20 minutes by car. Route 1 shopping 15 minutes away. Gas grill, if you wish, will bne included in the sale.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBathroom - Half, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl FirstFlooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl Second13 x 16
Walk-In Closet(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second9 x 16
Bedroom 3
Lvl Basement13 x 21
Closet, Flooring - Stone/Ceramic Tile, Exterior Access
Listing Agent: Charles Ginsberg
Listing Office: Coldwell Banker Realty - Lexington
MLS® Number: 73572864
