
5 Green Meadow Dr Lynnfield — Photo 1 of 42
$1,599,000
Investment Analysis — 5 Green Meadow Dr
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01940 carries an estimated $4,300/mo in gross rent — about a 1.53% cap rate and $24,401/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
4,529
Style
Single Family
Built
1998
Tucked away on a desirable cul-de-sac, this inviting Colonial offers exceptional indoor and outdoor living, surrounded by beautifully maintained landscaping and an expansive, private fenced backyard. A charming farmer’s porch creates a welcoming first impression and sets the tone for the warmth found throughout the home. The spacious, fully applianced kitchen features abundant cabinetry, granite countertops, stainless steel appliances, built-in microwave, center island, and plenty of room for casual dining. The cathedral-ceiling sunroom, surrounded by walls of windows, provides a peaceful place to unwind. An oversized family room is filled with natural light and highlighted by a striking floor-to-ceiling stone fireplace. The formal living and dining rooms flow seamlessly together, creating an ideal front-to-back entertaining space. A versatile first-floor bedroom/office features a barn door and custom built-ins, while the finished lower-level living area provides additional flexibility for extended family.Recent updates include: **2023** — ceiling lights, exterior painting, above-ground pool, pool deck, patio/fire pit, and backyard walkway. **2021** — roof, A/C, washer and dryer, refrigerator, and dishwasher.This is a must see.
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: 900 sq ft (the lesser of 900 sq ft or half the 4,529 sq ft principal dwelling). Lot size: 29,054 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.
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Interior Specifications
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Building & Exterior
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Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Park • Golf • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13 x 17
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First13 x 14
Flooring - Hardwood, French Doors, Open Floorplan, Recessed Lighting
Kitchen
Lvl Main,First13 x 18
Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting
Family Room
Lvl Main,First24 x 24
Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl Second20 x 14
Bathroom - 3/4, Walk-In Closet(s), Flooring - Wood, Recessed Lighting
Bedroom 2
Lvl Second11 x 11
Bedroom 3
Lvl Second13 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second14 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Listing Agent: Louise Touchette Team
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73572638