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275 Days on market
37 Locust St Lynnfield — Photo 1 of 3

37 Locust St Lynnfield — Photo 1 of 3

$179,900

Investment Analysis — 37 Locust St

Lynnfield, MA 01940

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01940 carries an estimated $2,610/mo in gross rent — about a 10.98% cap rate and $19,754/yr in estimated NOI at the $179,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

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Baths

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SqFt

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Style

Residential

Built

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Huge FOUR ACRE LOT, minutes from all major routes on a charming Lynnfield Street. Current Use "Res Potentially Dvlpble Land" . Please contact town offices for information that is important to you. Buyer to do due diligence. All approvals or permits to be obtained by buyer at their own expense. No approvals or permits, 20 feet of frontage, no perk test, no improvements. Gas and Electric are on the street.

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 MLS and other third-party data may be inaccurate or out of date.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$179,900
Annual Taxes$4,049

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterAt Street
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRA

Property & Lot

Acres4.63
SqFt Lot201,552
Lot FeaturesWooded

Geography

Property History

Listed
$179,900

Jan 3, 2026

MLS® 73464927

Expired
$179,900

Dec 31, 2025

MLS® 73334072

Listed
$179,900

Feb 10, 2025

MLS® 73334072

Listing Provided By

Listing Agent: Kristen M. Dailey

Listing Office: The Firm

MLS® Number: 73464927