
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Second15.833333333 x 20.333333333
Ceiling Fan(s), Flooring - Hardwood, Open Floorplan
Dining Room
Lvl Second8 x 20.333333333
Flooring - Hardwood
Kitchen
Lvl Second21.916666666 x 10.416666666
Flooring - Hardwood, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan
Family Room
Lvl First21.333333333 x 23.75
Ceiling Fan(s), Flooring - Vinyl, Open Floorplan
Primary Bedroom
Lvl Second16.083333333 x 17.583333333
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second10.75 x 11.833333333
Bedroom 3
Lvl Second10.916666666 x 10.166666666
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 4
Lvl First10.916666666 x 23.416666666
Ceiling Fan(s), Closet, Flooring - Vinyl
Bathroom 1
Lvl Second7.583333333 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 Second5.583333333 x 10.166666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet
Bathroom 3
Lvl First7.916666666 x 6.583333333
Bathroom - Full, Bathroom - With Shower Stall
Listing Agent: Jennifer Doucette
Listing Office: The Lovely Advisory LLC
MLS® Number: 73577219