168 Lynn St Peabody — Photo 1 of 38
$625,000
Investment Analysis — 168 Lynn St
Peabody, MA 01960 — South Peabody
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01960 carries an estimated $3,080/mo in gross rent — about a 3.59% cap rate and $22,465/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,950
Style
Single Family
Built
1965
Opportunity awaits in this well-located split-level home set on a corner lot with a spacious backyard. The main level features two bedrooms, a full bath, living room, and dining area open to the kitchen, creating a comfortable layout with plenty of potential. The lower level offers excellent flexibility and could work well as an in-law suite or possible ADU, featuring a living room with fireplace, spacious kitchen, full bath, bedroom, and walk-out access. Outside, enjoy a large backyard with plenty of room for entertaining, gardening, or recreation. The home will need updating, but the layout, additional living space, corner lot, and yard make this a property well worth the effort. Bring your vision and make this home your own!
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: 900 sq ft (the lesser of 900 sq ft or half the 1,950 sq ft principal dwelling). Lot size: 8,533 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl BasementBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Andrew Mcaloon
Listing Office: Century 21 McLennan & Company
MLS® Number: 73569925
