18 Thompson Ln Lynn — Photo 1 of 42
$569,900
Investment Analysis — 18 Thompson Ln
Lynn, MA 01904 — Wyoma
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01904 carries an estimated $3,080/mo in gross rent — about a 3.95% cap rate and $22,487/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,464
Style
Single Family
Built
1962
Welcome to 18 Thompson Lane! Set on a quiet cul-de-sac just off Wyoma Square in Lynn's Ward 1, this 3 bedroom, 1.5 bath Colonial offers comfort, convenience, and a long list of updates. Hardwood floors grace the first floor and the large living room with fireplace is the heart of the home with large picture window and recessed lighting. , The kitchen features stainless steel appliances (2020) and newer laminate flooring (2023). Off the dining room, a large enclosed three-season porch, also with newer flooring (2023), opens to a deck and a fully fenced, private backyard with a shed, perfect for relaxing or entertaining. Recent improvements include updated 200 AMP electrical service (2018), new windows (2020), and solar panels to help with energy costs. The driveway fits 2 cars, plus 1 garage space with direct access to a basement mudroom and laundry area. A new middle school is under construction nearby, and shopping, dining, and commuter routes are just minutes away. Come see all this home 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: 732 sq ft (the lesser of 900 sq ft or half the 1,464 sq ft principal dwelling). Lot size: 4,622 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
Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 12
Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Dining Room
Lvl First11 x 9
Flooring - Hardwood, Slider
Kitchen
Lvl First12 x 9
Flooring - Laminate, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl Second14 x 10
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second13 x 19
Bedroom 3
Lvl Second10 x 9
Walk-In Closet(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First7 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Eileen Jonahdaly
Listing Office: Century 21 North East
MLS® Number: 73577631