Investment Analysis — 22 Emerson

Lynn, MA 01902 — East Lynn

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 4.13% cap rate and $23,135/yr in estimated NOI at the $559,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,299

Style

Single Family

Built

1880

Highly desirable Lynn location!! Situated on a DEAD END STREET, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and value. Located only MINUTES FROM THE BEACH, this home offers RARE OFF-STREET PARKING FOR THREE CARS!! The main floor features gleaming hardwood floors, a spacious living room, formal dining room, an OVERSIZED KITCHEN and a full bath. Upstairs offers 3 bedrooms, hardwood floors, and a second full bath. Need more space?? The bonus room in the lower level is ideal for a home office, workout area, or additional living space and offers plenty of storage. Conveniently located near commuter routes, shopping and major routes, this move-in-ready home checks off all the boxes.

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: 650 sq ft (the lesser of 900 sq ft or half the 1,299 sq ft principal dwelling). Lot size: 2,614 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 MLS and other third-party data may be inaccurate or out of date.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.