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17 Herschel St #3 Lynn — Photo 1 of 18

17 Herschel St #3 Lynn — Photo 1 of 18

$299,900

Investment Analysis — 17 Herschel St #3

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01902 carries an estimated $2,160/mo in gross rent — about a 4.56% cap rate and $13,671/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

874

Style

Condominium

Built

1892

Welcome home to 17 Herschel St Unit 3! Light, bright and spacious describes this 1-bedroom condo on the Lynn/Swampscott line. Large living room offers tree-top views and high vaulted ceilings with skylights. Plenty of space in this room to also have a desk/office area. Renovated, fully-applianced kitchen with brand new refrigerator, hammered granite countertops, upgraded cabinetry and in-unit washer/dryer. Dining room has two large storage closets. Hardwood flooring throughout living, dining and kitchen area. Renovated bathroom has more storage, granite topped vanity and deep soaking tub with modern finishes. Pretty, light-filled master bedroom has new carpeting, large closet, and attic access for additional storage. Newer heating system. Central air. 1 car assigned parking space and shared use of backyard. Side street off Eastern Ave, close to the beach and Swampscott train station. Lovely, turn-key home ready for new owners!

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$299,900
Annual Taxes$3,028
HOA Fee$250

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR1

Property & Lot

Acres0.11
SqFt Lot5,001
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl Third
Dining Room
Lvl Third
Kitchen
Lvl Third
Primary Bedroom
Lvl Third
Bathroom 1
Lvl Third
Listing Provided By

Listing Agent: Kaitlin Martel

Listing Office: Martel Real Estate

MLS® Number: 73580160