12 Portland St #7 Lynn — Photo 1 of 20
$269,000
Investment Analysis — 12 Portland St #7
Lynn, MA 01902 — Diamond District
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01902 carries an estimated $2,160/mo in gross rent — about a 4.84% cap rate and $13,029/yr in estimated NOI at the $269,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
655
Style
Condominium
Built
1930
Great investment opportunity. Diamond District! Close to ocean beach and Red Rock Park. Spacious one bedroom unit on 1-st floor. Move-in condition. Large eat-in kitchen, spacious bedroom, tiled bathroom, built-in wall A/C unit, hard wood floors throughout. Enjoy your balcony. Plenty of closet spaces. One car off street parking, coin-op. laundry in the basement, extra storage space. Condo fee includes heat and hot water!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Public School • T-Station • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Balcony / Deck, Balcony - Exterior, Open Floorplan
Kitchen
Lvl FirstCloset, Flooring - Hardwood, Breakfast Bar / Nook, Open Floorplan, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Listing Agent: Michael Romanovsky
Listing Office: MGR Global Realty, Inc.
MLS® Number: 73574799