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125 Fellsmere Street Lynn — Photo 1 of 38

125 Fellsmere Street Lynn — Photo 1 of 38

$989,000

Investment Analysis — 125 Fellsmere Street

Lynn, MA 01904 — Fay's Estate

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 2.21% cap rate and $21,830/yr in estimated NOI at the $989,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,546

Style

Single Family

Built

2015

Built in 2015, this spacious 4-bedroom, 3-bath home offers over 2,500 square feet of living space, a flexible floor plan, and a private backyard retreat. The main level features an open-concept kitchen, dining and living area with hardwood floors, granite countertops, stainless steel appliances and a large center island, creating an easy flow for everyday living and entertaining. Three bedrooms are located on this level, including a generous primary suite with walk-in closet and private bath. Step outside to the rear deck overlooking the fenced backyard and in-ground pool, with plenty of room to relax, entertain and enjoy the warmer months. The permitted finished lower level adds exceptional versatility with a large living area, kitchenette with stovetop, bedroom with walk-in closet, full bath, laundry and direct access to the oversized two-car garage, while remaining connected to the main residence. Ideal for extended family, guests, adult children, work-from-home needs or anyone looking for additional private living space. With generous room sizes, abundant storage, multiple living areas and a backyard that feels like its own retreat, this home offers space and flexibility that are increasingly hard to find.

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 2,546 sq ft principal dwelling). Lot size: 12,637 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

Original Price$989,000
Annual Taxes$9,087

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Laminate, Hardwood
BasementNone

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Whole House Fan
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.29
SqFt Lot12,637
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Plumbed For Ice Maker

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
First
Family RoomBedroom 4Bathroom 3
Living Room
Lvl Second

15.833333333 x 20.333333333

Ceiling Fan(s), Flooring - Hardwood, Open Floorplan

Dining Room
Lvl Second

8 x 20.333333333

Flooring - Hardwood

Kitchen
Lvl Second

21.916666666 x 10.416666666

Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan

Family Room
Lvl First

21.333333333 x 23.75

Ceiling Fan(s), Flooring - Vinyl, Open Floorplan

Primary Bedroom
Lvl Second

16.083333333 x 17.583333333

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second

10.75 x 11.833333333

Bedroom 3
Lvl Second

10.916666666 x 10.166666666

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 4
Lvl First

10.916666666 x 23.416666666

Ceiling Fan(s), Closet, Flooring - Vinyl

Bathroom 1
Lvl Second

7.583333333 x 8.416666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub

Bathroom 2
Lvl Second

5.583333333 x 10.166666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet

Bathroom 3
Lvl First

7.916666666 x 6.583333333

Bathroom - Full, Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Jennifer Doucette

Listing Office: The Lovely Advisory LLC

MLS® Number: 73577219