
300 Parkland Ave Lynn — Photo 1 of 37
$575,000
Investment Analysis — 300 Parkland Ave
Lynn, MA 01905 — West Lynn
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 3.00% cap rate and $17,249/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,269
Style
Single Family
Built
1940
Welcome to 300 Parkland Ave, a beautifully updated Cape where classic charm, thoughtful updates, and an incredible location come together. Set on a spacious 10,000+ sq ft lot, this move-in-ready home offers the indoor and outdoor space you’ve been looking for just minutes from the beach and an easy commute to Boston.Step inside to a warm and inviting living room featuring hardwood floors, a cozy fireplace, and sliding doors that fill the space with natural light and lead directly to the deck. The eat-in kitchen, complete with new appliances from 2023, flows seamlessly into the dining room, creating an open and connected space perfect for weeknight dinners, holidays, and entertaining.Just off the kitchen, a functional mudroom gives you a dedicated place for coats, shoes, and winter gear with direct access to the oversized two-car garage. A convenient half bath completes the first floor. Upstairs, two generously sized bedrooms offer comfortable retreats alongside a beautifully renovated full bath completed in 2023. The partially finished walk-out lower level adds even more flexibility with space for a family room, home office, gym, playroom, or a combination of them all.The outdoor space is a standout. Two decks and an expansive backyard create endless possibilities for summer dinners, backyard parties, gardening, play, or simply unwinding at the end of the day. With a new roof, new appliances, and full insulation all completed in 2023, many of the big-ticket improvements have already been taken care of.The location brings the lifestyle together. Spend summer days at Nahant Beach, enjoy nearby shops and restaurants, or head into Boston with easy access to major commuting routes and highways. Offering a large yard, two-car garage, flexible living space, meaningful updates, and proximity to both the city and the coast, 300 Parkland Ave won't last long!
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: 635 sq ft (the lesser of 900 sq ft or half the 1,269 sq ft principal dwelling). Lot size: 10,049 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Office
Lvl BasementFlooring - Vinyl
Family Room
Lvl BasementFlooring - Hardwood
Primary Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: The Bramhall Team
Listing Office: Churchill Properties
MLS® Number: 73580929