Investment Analysis — 209 Fayette St

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 4.11% cap rate and $23,024/yr in estimated NOI at the $560,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,572

Style

Single Family

Built

1900

Move in condition and acquisible single-family house with spacious rooms and full two bathrooms, large clear basement and an enclosed rear yard with many flowers and perennials. Property is ideally located near supermarkets, bus lines, English High School and its grounds and parks, and restaurants. Solar panels for a steady electric bill which contract the buyer will have to assume. Come and make this one yours in time for the new school year.

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: 786 sq ft (the lesser of 900 sq ft or half the 1,572 sq ft principal dwelling). Lot size: 2,439 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 MLS and other third-party data may be inaccurate or out of date.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.