$404,900
●
Condo -
Off Market
16 Margin St #3
Lynn, MA 01905
3 Beds
2 Baths
1,249 Ft²
$371,140
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model
About This Property
This spacious well-laid-out three-bedroom, two-full-bath single
level pet-friendly condo with in-unit laundry! Located on a
dead-end street, outdoor enthusiasts will enjoy being located by
the Saugus River, Rail Trail, and Lynn Woods Reservation, while
also being convenient to Boston. This well-maintained condo was
built in 2006 and features an open concept living with gas heat,
hot water, & range, Central Air, hardwood floors, and primary
bedroom with full bath. Abundant in natural light, most rooms
feature at least 2 large windows. HOA has a small patio area with
grill & chairs to enjoy summer evenings outdoors. From the moment
you enter, you will notice the unit is functional, practical, &
ready for it's next owner. Area amenities include shops,
restaurants, entertainment, casino, schools, & public
transportation. The Saugus River Condominiums has had very little
turnover since it was built so stop by this weekend & see it before
it's gone. Offer Deadline Tuesday 5/9/23 @ 12PM
Unit Size
1,249 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$296
Property Type
Condo
Property Taxes
$318
HOA Dues
$460
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: 4 months ago (MLSPIN #73106629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by Century 21 Tradition | $369,900 | |
| Listed by Century 21 Tradition | |||
| Sep 11, 2006 | Sold | ||
| Sold | |||
| Aug 15, 2006 | Listed by Corcoran Brothers Realty | $252,900 | |
| Listed by Corcoran Brothers Realty | |||
| | |||
|
"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
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Internet Available - DSL, Internet Available - Unknown
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Laundry Closet, Electric Dryer Hookup, In Unit, First Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1249
Security Features: Intercom
Year Built Source: Public Records
Year Built: 2006
Building Name: Saugus River Condominium
Building Area Total: 1249
Building Area Units: Square Feet
Lot Size Area: 0.41
Lot Size Units: Acres
Lot Size Acres: 0.41
Lot Size Square Feet: 18000
Tax Lot: 002
Water Source: Public
Financial Details
Tax Map Number: 020
Tax Assessed Value: $342,600
Tax Annual Amount: $3,820
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA Fee: $460
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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 Optimium Team
eXp Realty LLC - Corporate Office
| |
|
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