Investment Analysis — 30 Ocean Street #4

Lynn, MA 01902 — Diamond District

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 4.79% cap rate and $14,335/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

963

Style

Condominium

Built

1960

Ocean views from the condo, the beach just steps away, and all for under $300K! This bright 2-bedroom unit offers nearly 1,000 sq. ft. of comfortable living space in a fantastic coastal location. The renovated kitchen features quartz countertops, a spacious layout, and pantry, while hardwood floors, recessed lighting, and abundant natural light flow throughout. Two generously sized bedrooms and comfortable living and dining areas complete the space. Select photos have been virtually staged. Additional storage and laundry are conveniently located in the building. The professionally managed association offers easy, low-maintenance living, with the condo fee including heat, water, sewer, exterior maintenance, landscaping, snow removal, reserve funds, and more. Added bonus: lead compliant! Ideally located near the beach, Humphrey Street shops and restaurants, Swampscott commuter rail, ferry, bus routes, and convenient access to Boston and the North Shore. A wonderful opportunity to enjoy life by the ocean!

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 MLS and other third-party data may be inaccurate or out of date.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