20 Ames St Lynn — Photo 1 of 16
$424,900
Investment Analysis — 20 Ames St
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 4.66% cap rate and $19,787/yr in estimated NOI at the $424,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
596
Style
Single Family
Built
1880
Welcome to 20 Ames Street in Lynn. An exclusive offering where historic charm meets coveted outdoor space. Built in 1880 and meticulously maintained, this single-family home features two inviting bedrooms and a full bath. The standout feature is the expansive 2,008 sq ft yard, offering a level of privacy and outdoor freedom rarely found in the area. Whether you dream of gardening, hosting gatherings, or simply enjoying a quiet escape, this yard provides the perfect canvas. Experience the comfort, character, and private outdoor living that make this Lynn residence truly special.
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: 298 sq ft (the lesser of 900 sq ft or half the 596 sq ft principal dwelling). Lot size: 2,008 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Claudia Tabarconway
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73582438