1200 Salem Street #165 Lynnfield — Photo 1 of 42
$639,900
Investment Analysis — 1200 Salem Street #165
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01940 carries an estimated $3,250/mo in gross rent — about a 2.57% cap rate and $16,448/yr in estimated NOI at the $639,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,740
Style
Condominium
Built
1995
Welcome Home to Desirable "Cedar Pond"!!!...This BEAUTIFUL Townhouse-style unit at Cedar Pond, offering comfortable living across three levels with 2 bedrooms, 2 full baths, and 1 half bath...The welcoming foyer features a tile floor...Eat-in, Fully Applianced Kitchen, complete with tile flooring, recessed lighting, and plenty of cabinet space...The spacious Living/Dining area showcases Brazilian teak hardwood flooring, a wood-burning fireplace, vaulted ceilings, recessed lighting, and a picture window. A slider opens to a private, oversized deck, perfect for outdoor relaxation and entertaining. A convenient half bath completes the main level...2nd Floor offers two generously sized bedrooms, each with vaulted ceilings, wall-to-wall carpeting, and its own private full bath. The primary bedroom features California Closets in the His & Her closets. Washer/dryer hookups are conveniently located on the second floor...The lower level offers a versatile Family Room/Office area with a slider leading to a private patio, providing additional living and entertaining space...Additional features include a one-car attached garage, two off-street parking spaces, abundant closet and storage space, central vacuum, and central air conditioning...Residents of Cedar Pond enjoy access to a variety of community amenities, including a swimming pool, clubhouse, gym, and tennis courts...Convenient to Route 1, Route 128, and I-95...A Pleasure to Show!!!***"First Open Houses" Saturday 9/19 & Sunday 9/20 from 11am to 1pm***
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCathedral Ceiling(s), Flooring - Hardwood, Deck - Exterior, Slider
Dining Room
Lvl FirstKitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl BasementFlooring - Wall to Wall Carpet, Exterior Access
Primary Bedroom
Lvl SecondBathroom - Full, Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Shower Stall
Listing Agent: Regina Paratore
Listing Office: RE/MAX 360
MLS® Number: 73579057
