Investment Analysis — 285 Lynn Shore Dr #402

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01902 carries an estimated $2,560/mo in gross rent — about a 5.14% cap rate and $13,868/yr in estimated NOI at the $269,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

764

Style

Condominium

Built

1893

*Significant Price Improvement* Breathtaking ocean views await from this beautifully renovated condo in the sought-after Breakers Building overlooking Revere Beach and Nahant! This move-in-ready home features an open-concept kitchen, living, and dining area designed to showcase the stunning water views, along with two spacious bedrooms, a brand-new kitchen with stone countertops and stainless steel appliances, and a beautifully updated bath. Enjoy beaches and waterfront parks just across the street, a Commuter Rail station less than a mile away with a quick two-stop ride to Boston, and easy access to Lynn and Swampscott's restaurants, cafés, breweries, shops, and farmers markets. Pet-friendly building with convenient access to Routes 1, 1A, 129, and 95. Coastal living at its best! Building is newly insured, and new HOA management company. The condo is being sold as is, as the seller doesn't make any warranties on the property.

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 MLS and other third-party data may be inaccurate or out of date.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