121 N Cmn, Lynn, MA 01902
Multi-family property with thirteen bedrooms and ample living space.
- Added:
- Apr 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 24 at 5:43 pm
Property Features for 121 N Cmn
General Information
- Standard status
- Active
- Size
- 4,982 SF
- Lot size
- 0.12 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1890
Listing agent Michael Becker License #9559257 (978) 590-4181
Listing office Atlantic Coast Homes,Inc (978) 590-4181
Listing date Apr 24, 2026
Source Elliman
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HighLights
- Expansive 4982 sq ft living area.
- Thirteen bedrooms offer extensive private quarters.
- Six bathrooms provide essential amenities.
- Substantial 5158 sq ft lot area.
- Very Walkable location (Walk Score: 82).
- Multi‑family property.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.2k | $33.96 |
| − Vacancy | −$11.0k | −$2.21 |
| EGI | $158.2k | $31.75 |
| − OpEx | −$71.2k | −$14.29 |
| NOI | $87.0k | $17.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lynn
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9592583
- Latitude
- 42.4638098