What is the estimated cap rate for 11 Tudor St, Lynn, MA 01902?

Based on rent reported on the MLS listing, 11 Tudor St, Lynn, MA 01902 (3 units) has an estimated 0.15% cap rate at its $1,060,000 list price, assuming $1,500/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 11 Tudor St, Lynn, MA 01902?

The MLS listing reports about $1,500/month in total rent for a 3-unit multi-family in 01902. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

11 Tudor St Lynn — Photo 1 of 42

$1,060,000

Investment Analysis — 11 Tudor St

Lynn, MA 01902 — Diamond District

Based on rent reported on the MLS listing, a 3-unit multi-family in 01902 carries $1,500/mo in gross rent — about a 0.15% cap rate and $1,604/yr in estimated NOI at the $1,060,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,981

Style

3 Family - 3 Units Up/Down

Built

1900

Presenting 11 Tudor Street, ideally situated in Lynn’s highly desirable Diamond District! This legal three-family offers 3981 sq. ft. of living space and a rare combination of coastal lifestyle, flexible living, and income potential. Rich in character and classic architectural appeal, this three-story property features spacious accommodations throughout, along with fabulous water views from the upper level. Currently configured as three one-bedroom units, the property offers exciting potential to reimagine the existing layouts and create larger living spaces. A portion of the property has already been gutted, providing a blank canvas ready for renovation, updates, and customization to suit a new owner’s vision. Whether you’re seeking a primary residence with rental income, a long-term investment opportunity, or potential condominium conversion, 11 Tudor Street provides exceptional versatility and possibilities. Conveniently located close to the beach, commuter rail, restaurants, shopping, and Lynn’s vibrant waterfront, this distinctive property presents a unique opportunity for homeowners, investors, and developers alike.

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.

Financials

Original Price$1,060,000

Annual Taxes$12,076

Parking

Garage0

Off-Street5

Interior Specifications

Total Rooms17

FireplacesNone

FlooringTile, Vinyl, Carpet, Hardwood, Stone / Slate

BasementFull, Bulkhead, Unfinished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionBrick, Block

RoofSlate

FoundationBlock, Stone, Brick/Mortar

ZoningR3

Property & Lot

Acres0.17

SqFt Lot7,392

Lot FeaturesSloped

Neighborhood

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

Geography

Listing Provided By

Listing Agent: Danielle Storella

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73578565