Active
22 Days on market
79 Emerald Dr Lynn — Photo 1 of 25

79 Emerald Dr Lynn — Photo 1 of 25

$775,000

Investment Analysis — 79 Emerald Dr

Lynn, MA 01904

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01904 carries an estimated $3,390/mo in gross rent — about a 2.92% cap rate and $22,600/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,031

Style

Single Family

Built

2001

Custom-built Cape (2001) in one of Lynn's most desirable Ward 1 neighborhoods, bordering Lynn Woods near the Lynnfield line. The sun-filled open-concept living, dining and kitchen area features soaring cathedral ceilings and a bay window, with a slider from the dining area to the wood deck overlooking a level, fully fenced 10,000+ sq ft lot with irrigation system and storage shed. Single-level living at its best: three bedrooms on the main floor, including a primary bedroom with its own 3/4 bath, plus a full hall bath. Upstairs adds a spacious 17x19 fourth bedroom, a half bath, and a 13x12 bonus room perfect for a home office, gym or playroom. Big-ticket upgrades all completed within the last year: new flooring throughout, a new heat pump heating and cooling system, and a new water heater. These upgrades paired with rooftop solar to keep utility costs low year-round. The full unfinished basement with high ceilings offers abundant storage and true expansion potential, and the attached two-car garage adds a work area and extra storage. All of this minutes to Lynn Woods Reservation trails, Gannon Golf Course, parks, the bike path and public schools, with quick highway access for an easy commute to Boston and the North Shore. Did we mention ocean beaches roughly two miles away. See attached floor plans for layout and room dimensions.

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 2,031 sq ft principal dwelling). Lot size: 10,001 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

Original Price$775,000
Annual Taxes$8,317

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
FlooringEngineered Hardwood
BasementFull, Interior Entry, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingHeat Pump, Air Source Heat Pumps (ASHP)
CoolingCentral Air, Heat Pump, Air Source Heat Pumps (ASHP)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.23
SqFt Lot10,001
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

22 x 15

Cathedral Ceiling(s), Open Floorplan

Dining Room
Lvl First

8 x 13

Cathedral Ceiling(s), Open Floorplan

Kitchen
Lvl First

11 x 13

Open Floorplan

Master Bedroom
Lvl First

14 x 13

Bedroom 2
Lvl First

14 x 13

Bedroom 3
Lvl First

11 x 12

Bedroom 4
Lvl Second

17 x 19

Bathroom 1
Lvl First

8 x 13

Bathroom - 3/4

Bathroom 2
Lvl First

8 x 7

Bathroom 3
Lvl Second

10 x 6

Listing Provided By

Listing Agent: Andrew Brown

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73566770