
98 Lafayette Park Lynn — Photo 1 of 16
$975,000
Investment Analysis — 98 Lafayette Park
Lynn, MA 01902
Based on rent reported on the MLS listing, a 2-unit multi-family in 01902 carries $6,500/mo in gross rent — about a 5.04% cap rate and $49,170/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
2
SqFt
3,425
Style
Multi Family
Built
1900
Rare gem alert! Lynn multifamily opportunity offering approximately 3,425 sq. ft. with 8 bedrooms and 2 full baths. The two-family layout, separate utilities, off-street parking, and fenced yard provide excellent flexibility for owner-occupants or investors. Conveniently located near shopping, parks, public transportation, and everyday amenities, with easy access to surrounding Lynn and Boston-area destinations. A strong opportunity to add value and build equity in a well-located Lynn property. This property has had many updates and is currently income producing. Come check it out.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$975,000
Oct 4, 2026
MLS® 73586370
$3,300
Apr 1, 2026
MLS® 73466709
$3,300
Jan 8, 2026
MLS® 73466709
$240,000
Jun 24, 2025
MLS® 73393891
$239,900
Jun 19, 2025
MLS® 73393891
Listing Agent: Fermin Group
Listing Office: Century 21 North East
MLS® Number: 73586370








