406-U 301 Broadway #301 Lynn — Photo 1 of 25
$385,000
Investment Analysis — 406-U 301 Broadway #301
Lynn, MA 01940 — Wyoma
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 5.36% cap rate and $20,627/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,024
Style
Condominium
Built
1980
Desirable Location This 2 BEDROOM, 2 BATH spacious TOP CORNER UNIT is located right on Flax Pond overlooking the inground swimming pool and Water Views in desirable Wyoma Square area. Large Living Room with slider to a private BALCONY. The condo has been newly renovated kitchen features new STAINLESS STEEL APPLIANCES (stove and dishwasher), and the unit has been FRESHLY PAINTED with an UPGRADED VINYL PLANK flooring, 2 DEEDED PARKING SPACES with plenty of visitor parking. Additonal features: CENTRAL AIR, this building has common laundry AND assigned STORAGE cage in basement. Amenities include: professional management company, minutes to the BEACH, Lynn Woods Reservation for biking and hiking, easy access to highways.... ENJOY EASY LIVING AT ITS BEST!!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Shopping • Pool • Park • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Vinyl, Balcony - Exterior, Open Floorplan
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Upgraded, Stainless Steel Appliances
Primary Bedroom
Lvl FirstWalk-In Closet(s), Flooring - Vinyl
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Gale Rawding
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73578723
