
804 Main Street Lynnfield — Photo 1 of 42
$849,000
Investment Analysis — 804 Main Street
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01940 carries an estimated $3,900/mo in gross rent — about a 3.14% cap rate and $26,674/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,585
Style
Single Family
Built
1900
Welcome home to this charming 3-bedroom, 1.5-bath Colonial offering a warm, inviting layout and a fantastic location close to the heart of Lynnfield. The main level features a bright living room and dining room with hardwood floors, high ceilings and recessed lighting, creating an open and airy feel. The kitchen is appointed with granite countertops and peninsula seating, perfect for casual meals or entertaining, along with a convenient first-floor half bath. Just beyond, the sunroom provides the perfect spot to relax while overlooking the private, fenced-in backyard. Step outside to the deck for outdoor dining, entertaining and enjoying the yard. Upstairs, you’ll find three comfortable bedrooms and a full bath. A standout feature is the detached two-car garage, added approximately in 2010, with a finished game room above—an ideal bonus space for kids, gaming, watching football or hanging out with friends. Updates include a new hot water tank in 2021, newer fencing and interior paint. The roof is approximately 2010. Extra parking for boat or RV next to garage! Enjoy a convenient Lynnfield location with easy access to schools, shopping, dining, MarketStreet and major routes, plus the ability to stroll to the Town Common for summer concerts and community events. A wonderful opportunity to enjoy classic Colonial charm, bonus space, a private yard and all that Lynnfield has to offer!
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: 793 sq ft (the lesser of 900 sq ft or half the 1,585 sq ft principal dwelling). Lot size: 15,259 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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.4 x 18.9
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First13.4 x 9
Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl Main,First13.4 x 12.8
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Primary Bedroom
Lvl Second13.5 x 12.8
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Balcony / Deck
Bedroom 2
Lvl Second11.1 x 12.11
Bedroom 3
Lvl Second11.8 x 11.9
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Listing Agent: Hixon + Bevilacqua Home Group
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73567846