
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.
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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 MLS and other third-party data may be inaccurate or out of date.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
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$179,900
Jan 3, 2026
MLS® 73464927
$179,900
Dec 31, 2025
MLS® 73334072
$179,900
Feb 10, 2025
MLS® 73334072
Listing Agent: Kristen M. Dailey
Listing Office: The Firm
MLS® Number: 73464927








