140 Lake View Ave Lynn — Photo 1 of 33
Recent Drop: $20,900
$539,000
Investment Analysis — 140 Lake View Ave
Lynn, MA 01904 — Flax Pond
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01904 carries an estimated $3,080/mo in gross rent — about a 4.19% cap rate and $22,588/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,288
Style
Single Family
Built
1900
BACK ON MARKET - Due to Buyers Financing Fell Through Don't miss this second chance to own140 Lakeview Avenue! Desirable LAKESIDE 6 Room Colonial Single Family Home with 3 Bedrooms, 1.5 baths, 1,288 sq ft of living space and sits on a 5,001 sq ft lot that has been lovingly cared for. Step onto the inviting front porch that wraps around the main entry to the property. The main floor consists of a sun-filled living room which opens into the dining room, hardwood floors, eat-in-kitchen with a pantry and one half of bath. The second floor has 3 bedrooms and one full bath. There is a fenced level yard and a two-car detached garage plus off street parking for 5+cars. Add your finishing touches and make this your "Home Sweet Home."
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: 644 sq ft (the lesser of 900 sq ft or half the 1,288 sq ft principal dwelling). Lot size: 5,001 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstPrimary Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Property History
$539,000
Was $559,900
Aug 24, 2026
MLS® 73534709
$559,900
Jun 11, 2026
MLS® 73534709
Listing Agent: Michael Connor
Listing Office: Connor Real Estate
MLS® Number: 73534709
