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12 Carpenter Road Lynnfield — Photo 1 of 40

12 Carpenter Road Lynnfield — Photo 1 of 40

$927,000

Investment Analysis — 12 Carpenter Road

Lynnfield, MA 01940

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01940 carries an estimated $4,300/mo in gross rent — about a 3.29% cap rate and $30,463/yr in estimated NOI at the $927,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,215

Style

Single Family

Built

1958

*OPEN HOUSE FRIDAY 4:30 to 6:00* Spacious, oversized split entry home located in a desirable Lynnfield neighborhood, offering a versatile floor plan and generous living space. The kitchen flows seamlessly into to an impressive cathedral ceiling family room, creating the perfect space for everyday living and entertaining. The large primary bedroom offers a peaceful retreat, complete with its own updated private bathroom. The lower level offers excellent versatility with a private home office, a spacious rec room or playroom, plus additional unfinished space with direct access to the inground Gunite pool area - providing exciting potential for future expansion. Outdoors, enjoy a private backyard oasis featuring an inground Gunite and patio-ideal for summer gatherings and relaxation. A wonderful opportunity to enjoy comfort, privacy and a sought-after location with convenient access to major highway's while benefiting from Lynnfield's highly rated school system. New 4-bedroom septic system to be installed prior to closing.

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 2,215 sq ft principal dwelling). Lot size: 12,441 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

Original Price$927,000
Annual Taxes$8,753

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms10
Fireplaces1
FlooringWood, Tile, Carpet, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.29
SqFt Lot12,441
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Tennis Court(s) • Park • Medical Facility • Highway Access • House of Worship • Private School

Geography

Floorplan Breakdown

Structural Layout

First
Dining RoomKitchenBedroom 2Bedroom 3Bedroom 4
Basement
Office
Main,First
Living RoomFamily RoomMaster Bedroom
Living Room
Lvl Main,First

15.2 x 12.7

Skylight, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan

Dining Room
Lvl First

10 x 8.11

Lighting - Overhead

Kitchen
Lvl First

11.2 x 9.8

Skylight, Countertops - Upgraded

Office
Lvl Basement

12.8 x 11.1

Flooring - Wall to Wall Carpet

Family Room
Lvl Main,First

21.2 x 12.8

Cathedral Ceiling(s), Window(s) - Bay/Bow/Box, Chair Rail, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Gas Stove, Flooring - Engineered Hardwood

Master Bedroom
Lvl Main,First

19 x 9.8

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Closet - Double

Bedroom 2
Lvl First

10 x 10.4

Bedroom 3
Lvl First

10.3 x 13.8

Closet, Flooring - Hardwood

Bedroom 4
Lvl First

13.8 x 9.8

Closet, Flooring - Hardwood

Listing Provided By

Listing Agent: Penny G. Mckenzie

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73573920