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300 Parkland Ave Lynn — Photo 1 of 37

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.

View Standard Listing

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

Original Price$575,000
Annual Taxes$6,098

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringHardwood, Flooring - Vinyl
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingOther
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.23
SqFt Lot10,049
Lot Features--

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

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
OfficeFamily Room
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile

Office
Lvl Basement

Flooring - Vinyl

Family Room
Lvl Basement

Flooring - Hardwood

Primary Bedroom
Lvl Second

Flooring - Hardwood

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: The Bramhall Team

Listing Office: Churchill Properties

MLS® Number: 73580929