Active
23 Days on market
18 Lambert Ave Lynn — Photo 1 of 14

18 Lambert Ave Lynn — Photo 1 of 14

$529,900

Investment Analysis — 18 Lambert Ave

Lynn, MA 01902

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 4.38% cap rate and $23,217/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,060

Style

Single Family

Built

1860

Classic Lynn Colonial in a great location. Large open kitchen area with tons of cabinet space. Nice sized living room with lots of natural light. 3 full sized bedrooms. Great corner lot. Close to all the amenities Lynn has to offer. Seller willing to buy down the mortgage rate of this home. One-Year American Home Shield Warranty included. PLEASE SET UP APPTS THRU SHOWINGTIME.

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: 530 sq ft (the lesser of 900 sq ft or half the 1,060 sq ft principal dwelling). Lot size: 3,297 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$529,900
Annual Taxes$4,873

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Laminate
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR2

Property & Lot

Acres0.08
SqFt Lot3,297
Lot FeaturesCorner Lot, Wooded

Amenities & Appliances

Gas Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Bob Devito

Listing Office: Cameron Real Estate Group

MLS® Number: 73566606