Active Under Contract
9 Days on market
4 Lynwood Gloucester — Photo 1 of 42

4 Lynwood Gloucester — Photo 1 of 42

$599,000

Investment Analysis — 4 Lynwood

Gloucester, MA 01930 — West Gloucester

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01930 carries an estimated $3,080/mo in gross rent — about a 3.80% cap rate and $22,765/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,336

Style

Single Family

Built

1960

Welcome to this beautifully updated home, totally renovated and move-in ready. The open-concept main living area features a spacious living room, eat-in kitchen, complete with quartz countertops, white cabinetry, and a center island—perfect for everyday living and entertaining. A slider off the kitchen opens onto the deck, overlooking the large beautifully manicured yard. Enjoy established gardens, plenty of room for children to play and outdoor gatherings, gardening, or simply relaxing and enjoying the peaceful surroundings. The home offers 3 bedrooms and 1½ baths, including a spacious primary bedroom with a walk-in closet. Two bedrooms are located on the second floor, while the first-floor bedroom provides wonderful flexibility as a guest room, home office, den, or bedroom. Located in desirable West Gloucester, this home offers exceptional convenience. The commuter rail station is located at the bottom of the street, providing easy access to Boston and destinations along the North Shore. Route 128 is just a short commute away. Ravenswood Park is also located an end of street. Adding to the home's appeal are owned solar panels, paid in full by the seller, offering the benefit of solar energy without a remaining solar loan. Open House Sat/Sun 10:30-12:00 (OFFERS DUE TUES BY NOON)

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: 668 sq ft (the lesser of 900 sq ft or half the 1,336 sq ft principal dwelling).

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$599,000
Annual Taxes$5,325.32

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Radon Remediation System, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Electric Baseboard, Propane
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningR20

Property & Lot

Acres--
SqFt Lot0.35
Lot FeaturesCleared

Amenities & Appliances

Electric Water Heater • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3
Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Unknown
Bedroom 4
Living Room
Lvl First

18 x 16

Closet, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled

Dining Room
Lvl First

11 x 7

Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Kitchen
Lvl First

15 x 9

Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Recessed Lighting, Remodeled

Master Bedroom
Lvl Second

15 x 11

Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

11 x 10

Bedroom 3
Lvl Third

11 x 11

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl null

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

5 x 5

Bathroom - Half

Bathroom 2
Lvl Second

11 x 5

Bathroom - Full, Bathroom - With Tub & Shower

Listing Provided By

Listing Agent: Jan Pellegrini

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73571479