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5 Days on market
78 Waterhill St #78 Lynn — Photo 1 of 20

78 Waterhill St #78 Lynn — Photo 1 of 20

$799,900

Investment Analysis — 78 Waterhill St #78

Lynn, MA 01905

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 2.49% cap rate and $19,889/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

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Beds

3

Baths

3.5

SqFt

3,190

Style

Condominium

Built

2016

Welcome to 78 Waterhill Street! Built in 2016, this spacious duplex-style condo offers the feel and functionality of a single-family home with 3,190 sf of finished living space across three levels. The bright open-concept main level features hardwood floors, a generous living and dining area, and a spacious kitchen with granite countertops, stainless steel appliances, center island and direct access to the deck and fenced outdoor space. Upstairs you'll find three bedrooms including a spacious master suite, and two full baths. The finished basement adds exceptional flexibility with two additional rooms, a full bath and family/living area ideal for guests, a home office, playroom or extended living space. Conveniently located near shopping, parks, schools, public transportation and highway access. A rare opportunity offering 3 bedrooms, 3.5 baths and exceptional space that is move in ready.

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 MLS and other third-party data may be inaccurate or out of date.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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Property Details

Financials

Original Price$799,900
Annual Taxes$6,821
HOA Fee$115

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringHardwood, Vinyl
BasementY

Climate & Utilities

HeatingCentral, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR2

Property & Lot

Acres0.32
SqFt Lot14,092
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
First
Living RoomDining RoomKitchenBathroom 3
Basement
OfficeFamily Room
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Slider, Gas Stove

Office
Lvl Basement

Flooring - Vinyl

Family Room
Lvl Basement

Flooring - Vinyl

Master Bedroom
Lvl Second

Ceiling Fan(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bathroom 1
Lvl Second

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

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl First

Bathroom - Half

Listing Provided By

Listing Agent: Jason Richardson

Listing Office: Truss Realty Advisors, LLC

MLS® Number: 73572664