Investment Analysis — 44 Harmon St

Lynn, MA 01905 — West Lynn

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01905 carries an estimated $3,080/mo in gross rent — about a 3.21% cap rate and $21,781/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,800

Style

Single Family

Built

1950

Fully updated single family with 3 finished floors including a large lower-level with its own full bathroom. This West Lynn neighborhood offers a quiet setting with a large driveway and flat fenced backyard. The fully-equipped kitchen includes gas cooking, stainless appliances, and granite counters leading across to an open-concept living room with hardwood floors and plenty of natural light. The main level also includes two bedrooms with large closets and a full bath. Loft space upstairs has room for two more beds or a creative office space. The lower level has an expansive den with adjacent sitting room, another full bath, and laundry. Efficient AC & heat mini-split units on each floor, endless on-demand hot water powered by gas, and newer roof with solar panels. Located just south of Lynn Woods with easy access to Route 1 and 1A to Boston, Breed Park, North Strand Trail, Market Basket, and Lynn Shore Drive beaches.

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: 900 sq ft (the lesser of 900 sq ft or half the 1,800 sq ft principal dwelling). Lot size: 4,195 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.