
1200 Salem St #135 Lynnfield — Photo 1 of 37
$649,900
Investment Analysis — 1200 Salem St #135
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 3.40% cap rate and $22,104/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,305
Style
Condominium
Built
1985
Open House Sunday 10/04 1:00PM-2:30PM. Welcome to Cedar Pond Village, where spacious living meets a peaceful natural setting. This beautifully maintained 3-beds, 2-full and 2-half-bath townhouse offers 2,305 square feet of thoughtfully designed living space. The main level features an inviting open-concept layout with hardwood floors, abundant natural light, and two fireplaces. The eat-in kitchen with granite countertops flows seamlessly into the dining and living areas, creating a comfortable space for both everyday living and entertaining. French doors open to a private deck overlooking the tranquil brook and surrounding landscape. The second level offers two generously sized bedrooms, including a spacious primary suite with cathedral ceiling, walk-in closet, and private full bath. A third bedroom on the top level provides additional privacy and flexibility—perfect for guests, a home office, studio, or private retreat. The finished lower level adds even more versatile family room living space with a fireplace, ample storage, and exterior access. With multiple levels of living and flexible spaces throughout, this home easily adapts to today's lifestyle. Residents of Cedar Pond Village enjoy an array of community amenities, including an in-ground pool, clubhouse, fitness center, tennis courts, and playground. Walking trail. Ideally located near major routes, shopping, dining, and everyday conveniences, this home offers the perfect combination of space, privacy, community amenities, and accessibility.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 14
Flooring - Hardwood, French Doors, Deck - Exterior, Open Floorplan
Dining Room
Lvl Main,First16 x 11
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl Main,First12 x 9
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan
Family Room
Lvl Basement19 x 11
Closet, Flooring - Hardwood, French Doors, Exterior Access
Primary Bedroom
Lvl Second14 x 11
Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13 x 12
Bedroom 3
Lvl Third14 x 11
Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second13 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second7 x 6
Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73580473






