
7 Geneva Avenue Lynn — Photo 1 of 33
$525,000
Investment Analysis — 7 Geneva Avenue
Lynn, MA 01905
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01905 carries an estimated $2,560/mo in gross rent — about a 3.44% cap rate and $18,086/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,118
Style
Single Family
Built
1920
From the moment you pull up, this charming 2bed 1bath Cape just feels like home. Between the crisp contrasting trim, established plantings, and the private, fully fenced backyard, it strikes the perfect balance of picture-perfect curb appeal and everyday privacy. As you enter, sunlight floods the main living area, highlighting the gorgeous hardwood floors that flow naturally across the main level and up the staircase. If you love to host, the renovated kitchen is bound to be your favorite spot. Warm wood cabinetry, solid granite countertops, and stainless steel appliances pair with a broad central peninsula that lets guests hang out right where the action is without getting in the cook's way. Upstairs, polished wood floors extend through the hall and bedrooms, complemented by classic paneled doors and a freshly updated bath featuring modern marble-look tile, a clean-lined vanity, and a glass-enclosed shower with a mosaic accent band. Beyond its inviting look, this home offers total peace of mind with all the big-ticket maintenance already taken care of. Heavy-hitting capital improvements include a high-efficiency heating system and boiler installed in 2021, durable vinyl siding from 2016, a private vinyl-fenced yard added in 2022, new roof in 2019 and a brand-new hot water tank installed in October 2025. Complete with a deep paved driveway leading to the detached garage and a practical unfinished basement for laundry and storage, this property is truly 100% turnkey—all that's left to do is unpack, kick back, and enjoy.
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: 559 sq ft (the lesser of 900 sq ft or half the 1,118 sq ft principal dwelling). Lot size: 3,563 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.
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 17
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
Dining Room
Lvl First9 x 11
Flooring - Hardwood
Kitchen
Lvl First15 x 12
Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl Second20 x 10
Ceiling Fan(s), Coffered Ceiling(s), Flooring - Hardwood, Cable Hookup
Bedroom 2
Lvl Second11 x 13
Bathroom 1
Lvl Second8 x 6
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Carol Mcdonald
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73578814

