$249,900
●
Condo -
Off Market
16 Margin Street #2
Lynn, MA 01905
3 Beds
2 Baths
1,250 Ft²
$474,754
RealtyHop Estimate
89.98%
Since Mar 1, 2007
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
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #70425102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2015 | Sold | ||
| Sold | |||
| Aug 29, 2015 | Listed by Lyv Realty | $234,900 | |
| Listed by Lyv Realty | |||
| | |||
|
Great first Floor Unit located on a quiet dead end street! Building is less than 10 years old. Located on the Lynn/Saugus line.Turn key Ready, nothing to do but move in! Large windows in each room let the sun shine in! Stainless Steel appliances and eat in kitchen leads to open living room. Large master bedroom with full master bath . Gas heat and central air. A short walk to Bus Stop. Great opportunity for commuters. Washer and dryer included
| |||
| Feb 15, 2007 | Sold | ||
| Sold | |||
| Jul 18, 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