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19 Days on market
804 Main Street Lynnfield — Photo 1 of 42

804 Main Street Lynnfield — Photo 1 of 42

$849,000

Investment Analysis — 804 Main Street

Lynnfield, MA 01940

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01940 carries an estimated $3,900/mo in gross rent — about a 3.14% cap rate and $26,674/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,585

Style

Single Family

Built

1900

Welcome home to this charming 3-bedroom, 1.5-bath Colonial offering a warm, inviting layout and a fantastic location close to the heart of Lynnfield. The main level features a bright living room and dining room with hardwood floors, high ceilings and recessed lighting, creating an open and airy feel. The kitchen is appointed with granite countertops and peninsula seating, perfect for casual meals or entertaining, along with a convenient first-floor half bath. Just beyond, the sunroom provides the perfect spot to relax while overlooking the private, fenced-in backyard. Step outside to the deck for outdoor dining, entertaining and enjoying the yard. Upstairs, you’ll find three comfortable bedrooms and a full bath. A standout feature is the detached two-car garage, added approximately in 2010, with a finished game room above—an ideal bonus space for kids, gaming, watching football or hanging out with friends. Updates include a new hot water tank in 2021, newer fencing and interior paint. The roof is approximately 2010. Extra parking for boat or RV next to garage! Enjoy a convenient Lynnfield location with easy access to schools, shopping, dining, MarketStreet and major routes, plus the ability to stroll to the Town Common for summer concerts and community events. A wonderful opportunity to enjoy classic Colonial charm, bonus space, a private yard and all that Lynnfield has to offer!

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: 793 sq ft (the lesser of 900 sq ft or half the 1,585 sq ft principal dwelling). Lot size: 15,259 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$849,000
Annual Taxes$8,894

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Hardwood, Laminate, Flooring - Wall to Wall Carpet
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRA

Property & Lot

Acres0.35
SqFt Lot15,259
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomBathroom 1
Main,First
Dining RoomKitchen
Living Room
Lvl First

13.4 x 18.9

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

13.4 x 9

Flooring - Hardwood, Recessed Lighting

Kitchen
Lvl Main,First

13.4 x 12.8

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Overhead

Primary Bedroom
Lvl Second

13.5 x 12.8

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Balcony / Deck

Bedroom 2
Lvl Second

11.1 x 12.11

Bedroom 3
Lvl Second

11.8 x 11.9

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded

Listing Provided By

Listing Agent: Hixon + Bevilacqua Home Group

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73567846