$249,900
●
Condo -
Off Market
16 Margin Street #1
Lynn, MA 01905
3 Beds
2 Baths
1,250 Ft²
$469,764
RealtyHop Estimate
87.98%
Since Dec 1, 2006
MA-Boston
Primary Model
About This Property
"Saugus River Condos" Absolutely Amazing Space & Value! Gorg.,New
Construct. 3 BED, 2 BATH Condos on a tranquil dead end along the
Saugus River. PRICED FOR A "BUYERS'S MARKET" lower than anything
comparable! 12 CORNER UNITS boasting rare, ONE LEVEL LIVING, superb
layouts & 21st century amenities. Big, Beaut. Stainless
(EAT-IN)KIT'S ADJOINING FAMILY RMS,HUGE MASTER SUITES, maple flrs,
CENTRAL AIR, GAS HEAT, Washer DRYERS INCLUDED, cable/internet
ready, 1-2 parking each, river views, common patio
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
-
HOA Dues
$195
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #70474419)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2016 | Sold | ||
| Sold | |||
| Oct 6, 2016 | Listed by Century 21 North East | $239,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Built in 2006. BRIGHT and SUNNY first floor unit. HUGE MASTER bedroom with MASTER BATH in unit laundry WASHER & DRYER included. Large EAT IN KITCHEN that opens to large living area. Deeded parking, LOW CONDO FEE and a WELL MAINTAINED building. Nice cul de sac on the Saugus River and close to everything.
| |||
| Nov 21, 2006 | Sold | ||
| Sold | |||
| Oct 13, 2006 | Listed by Corcoran Brothers Realty | $249,900 | |
| Listed by Corcoran Brothers Realty | |||
Property Highlights
Air Conditioning
Interior Details
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood
Features: Closet - Linen, Flooring - Stone/Ceramic Tile
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Features: Closet - Linen, Flooring - Stone/Ceramic Tile
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Electric Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Laundry Features: Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Builder
Year Built Details: Under Construction
PropertySubType: Condominium
Building Name: Saugus River Condos
Structure Type: Garden, House
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Modular
Lead Paint: None
Lot Size Units: Acres
Zoning: not sure
Parcel Number: 1994293
Water Source: Public, City/Town Water
Utilities Details
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $195
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility
Management: Developer Control
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2026
|
3 Bed
|
2 Bath
|
1249 ft²
|
$399,999
3 Bed
2 Bath
1249 ft²
|
$435,000
+8.75%
08/10/2026
|
Michael Malkin
Redfin Corp.
| |
|
05/15/2026
|
3 Bed
|
2 Bath
|
1249 ft²
|
$399,900
3 Bed
2 Bath
1249 ft²
|
$425,000
+6.28%
06/25/2026
|
Eric Ozcan
Center Realty
| |
|
09/05/2023
|
3 Bed
|
2 Bath
|
1249 ft²
|
$389,900
3 Bed
2 Bath
1249 ft²
|
$415,000
+6.44%
11/09/2023
|
Jennifer Comee
RE/MAX American Dream
| |
|
05/03/2023
|
3 Bed
|
2 Bath
|
1249 ft²
|
$369,900
3 Bed
2 Bath
1249 ft²
|
$404,900
+9.46%
06/26/2023
|
Nicholas Newhall
Century 21 Tradition
| |
|
03/30/2022
|
3 Bed
|
2 Bath
|
1249 ft²
|
$369,900
3 Bed
2 Bath
1249 ft²
|
$400,000
+8.14%
06/24/2022
|
The Rental Team
Hayden Rowe Properties
| |
|
09/11/2020
|
3 Bed
|
2 Bath
|
1249 ft²
|
$324,000
3 Bed
2 Bath
1249 ft²
|
$345,000
+6.48%
11/03/2020
|
Valerie Fournier
Century 21 North East Homes
| |
|
09/25/2019
|
3 Bed
|
2 Bath
|
1249 ft²
|
$299,900
3 Bed
2 Bath
1249 ft²
|
$285,000
-4.97%
11/01/2019
|
Brian Flynn Team
Keller Williams Realty
| |
|
06/27/2018
|
3 Bed
|
2 Bath
|
1249 ft²
|
$299,900
3 Bed
2 Bath
1249 ft²
|
$294,000
-1.97%
08/02/2018
|
Jose Reyes
Re-yes Real Estate
| |
|
03/14/2018
|
3 Bed
|
2 Bath
|
1249 ft²
|
$284,900
3 Bed
2 Bath
1249 ft²
|
$291,000
+2.14%
05/15/2018
|
Paul Atwood
Return Realty Group, Inc.
| |
|
08/28/2017
|
3 Bed
|
2 Bath
|
1249 ft²
|
$279,900
3 Bed
2 Bath
1249 ft²
|
$284,900
+1.79%
10/13/2017
|
Haley Fehling
Compass
| |
|
10/06/2016
|
3 Bed
|
2 Bath
|
1249 ft²
|
$239,000
3 Bed
2 Bath
1249 ft²
|
$244,000
+2.09%
11/28/2016
|
Sharon Ronkin
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/10/2016
|
3 Bed
|
2 Bath
|
1249 ft²
|
$244,900
3 Bed
2 Bath
1249 ft²
|
$245,000
+0.04%
09/16/2016
|
Robert Mailhoit
Lyv Realty
| |
|
08/29/2015
|
3 Bed
|
2 Bath
|
1249 ft²
|
$234,900
3 Bed
2 Bath
1249 ft²
|
$234,900
12/17/2015
|
Robert Mailhoit
Lyv Realty
| |
|
04/30/2015
|
3 Bed
|
2 Bath
|
1249 ft²
|
$239,900
3 Bed
2 Bath
1249 ft²
|
$235,000
-2.04%
08/24/2015
|
Clifton Verdieu
Century 21 North East
| |
|
10/07/2013
|
3 Bed
|
2 Bath
|
1249 ft²
|
$229,000
3 Bed
2 Bath
1249 ft²
|
$222,500
-2.84%
04/07/2014
|
Robert Mailhoit
Lyv Realty
| |
|
04/04/2011
|
3 Bed
|
2 Bath
|
1249 ft²
|
$109,900
3 Bed
2 Bath
1249 ft²
|
$122,000
+11.01%
05/27/2011
|
Mission Impossible Team
United Brokers
| |
|
01/08/2007
|
3 Bed
|
2 Bath
|
1250 ft²
|
$249,900
3 Bed
2 Bath
1250 ft²
|
$249,900
02/14/2007
|
John Corcoran
Century 21 Citiwide
| |
|
10/18/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$255,900
3 Bed
2 Bath
1250 ft²
|
$255,900
12/12/2006
|
John Corcoran
Century 21 Citiwide
| |
|
10/13/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$249,900
3 Bed
2 Bath
1250 ft²
|
$249,900
11/21/2006
|
John Corcoran
Century 21 Citiwide
| |
|
09/22/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$252,900
3 Bed
2 Bath
1250 ft²
|
$252,900
01/02/2007
|
John Corcoran
Century 21 Citiwide
| |
|
09/19/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$255,900
3 Bed
2 Bath
1250 ft²
|
$255,900
12/07/2006
|
John Corcoran
Century 21 Citiwide
| |
|
09/01/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$258,900
3 Bed
2 Bath
1250 ft²
|
$258,900
09/22/2006
|
Robert Corcoran
Corcoran Brothers Realty
| |
|
08/28/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$255,900
3 Bed
2 Bath
1250 ft²
|
$255,900
10/04/2006
|
John Corcoran
Century 21 Citiwide
| |
|
08/25/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$255,900
3 Bed
2 Bath
1250 ft²
|
$255,900
10/25/2006
|
John Corcoran
Century 21 Citiwide
| |
|
08/15/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$252,900
3 Bed
2 Bath
1250 ft²
|
$252,900
09/11/2006
|
John Corcoran
Corcoran Brothers Realty
| |
|
08/08/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$252,900
3 Bed
2 Bath
1250 ft²
|
$252,900
12/12/2006
|
John Corcoran
Century 21 Citiwide
| |
|
07/31/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$252,900
3 Bed
2 Bath
1250 ft²
|
$252,900
10/20/2006
|
John Corcoran
Century 21 Citiwide
| |
|
07/18/2006
|
3 Bed
|
2 Bath
|
1250 ft²
|
$249,900
3 Bed
2 Bath
1250 ft²
|
$249,900
02/15/2007
|
John Corcoran
Century 21 Citiwide
| |
|
07/30/2004
| |
4 Bed
|
2 Bath
|
2314 ft²
|
$499,900
4 Bed
2 Bath
2314 ft²
|
$475,000
-4.98%
09/30/2004
|
Cindy Green
Carlson GMAC Real Estate
|
|
02/07/2001
| |
4 Bed
|
-
|
2314 ft²
|
$259,900
4 Bed
-
2314 ft²
|
$255,000
-1.89%
04/06/2001
|
Richard Powers
Toner Real Estate, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017