Investment Analysis — 75 Light St

Lynn, MA 01905

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 4.66% cap rate and $22,837/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,256

Style

Single Family

Built

1900

**Opportunity at 75 Light St.** This 3-bedroom single-family home offers approximately 1,256 sq ft across two levels on a 5,000+ sq ft lot. Ready for updates, it gives the next owner a chance to make it their own and build value over time. Six rooms and a full basement offer flexible living and storage space.The lot is a standout: it currently offers off-street parking for up to three vehicles, with potential to create more parking for cars or work trucks while still keeping a usable yard. Buyers should verify their plans and any required approvals. Conveniently located near shopping, parks, trails, public transportation, and routes to Boston and the North Shore. Bring your ideas and see the possibilities.

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: 628 sq ft (the lesser of 900 sq ft or half the 1,256 sq ft principal dwelling). Lot size: 5,005 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 MLS and other third-party data may be inaccurate or out of date.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.