Investment Analysis — 62 Estes Street #2

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 2.59% cap rate and $18,122/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,200

Style

Condominium

Built

1935

Welcome to Unit 2 at 62 Estes Street, a truly one-of-a-kind, expansive 2,200 sq. ft. residential loft seamlessly integrated into the historic 1935 Church of the Incarnation. Merging striking Gothic-style brick architecture with modern urban luxury, this majestic 2-bedroom, 1-bathroom residence offers an unparalleled living experience that feels more like an art gallery than a condominium. Step inside to be greeted by a jaw-dropping open-concept layout defined by soaring 30-foot cathedral ceilings, exposed brick, and original architectural details. Sunlight floods the massive living and dining spaces, highlighting the building's historic character while leaving plenty of room for creative zoning, a home office, or grand-scale entertaining. The kitchen blends effortlessly into the great room, creating a dramatic backdrop for everyday living. Both bedrooms offer generous proportions and closet space, keeping the home highly functional. Located in the highly sought-after BD (Business Downtown) zoning district, this building offers an elite urban-coastal lifestyle. Unbeatable Coastal Location. Beach Access is just a 0.5-mile, 9-minute stroll straight down Atlantic Street to the scenic Lynn Shore Reservation, waterfront promenade, and Nahant Beach. Enjoy easy access to downtown Lynn’s vibrant arts district, local dining favorites, and the MBTA Commuter Rail for a swift ride into Boston. Don't miss this exceptionally rare opportunity to own a piece of North Shore history by the ocean. Schedule your private tour today!

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.