$420,000
●
Condo -
Off Market
2 Chase Lane #2
Lynn, MA 01902
2 Beds
2 Baths,
1
Half Bath
1,126 Ft²
$523,014
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model
About This Property
This stunning, sundrenched townhome at Chase Estates in Lynn's
desirable Diamond District is a showstopper! Step into a sky lit
marble-floored vestibule with soaring ceilings before entering the
spacious fireplaced living room. An elegant powder room is tucked
away. Enjoy cooking in the chef's kitchen with SS appliances,
granite countertops & access to the deck. The dining room features
French doors which open to the deck, a paver patio & a
professionally landscaped yard all with decorative lighting.
Upstairs you will find a master bedroom with double closets &
cathedral ceiling. The guest bedroom has a walk in closet &
cathedral ceiling. A luxurious full bath features double marble
topped sinks & an over-sized walk-in rain head shower. The open
concept lower level offers a family room & an in-home office.
Hidden away is the laundry area & additional storage. 2 car parking
is right outside your door. Close to King's Beach, Red Rock Park,
transportation & Lynn's vibrant downtown area
Unit Size
1,126 Ft²
Days on Market
-
Land Size
-
Price per sqft
$355
Property Type
Condo
Property Taxes
$350
HOA Dues
$285
Year Built
1984
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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 #72693300)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $469,000 | |
| Listed | |||
   | |||
|
Don’t miss this stunning townhome located in Chase Estates, right in the heart of Lynn’s prestigious Diamond District—recently recognized by Northshore Magazine as one of the top neighborhoods on the North Shore! As you step in you will be greeted by a marble-floored vestibule, leading into a spacious fireplaced living room accented by gleaming hardwood floors throughout! The heart of the home is the sun drenched kitchen, featuring stunning skylights and expansive bay windows that flood the space with natural light. Enjoy stainless steal appliances, granite countertops, & ample cabinet space! On to the dining area, which leads to the outdoor deck, perfect for enjoying morning coffee! Upstairs, you'll find the master bedroom & the 2nd bedroom, both rooms feature cathedral ceilings & double closets! Completing the 2nd floor is the full bath features a marble topped sink & an over-sized walk-in rain head shower. Don't wait!
| |||
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $400,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Features: Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Stainless Steel Appliances, Crown Molding
Level: Second
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Marble, Countertops - Stone/Granite/Solid, Remodeled, Crown Molding
Level: Second
Features: Closet, Flooring - Hardwood, Recessed Lighting
Features: Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access
Level: First
Features: Bathroom - Half, Flooring - Marble, Countertops - Stone/Granite/Solid, Remodeled, Crown Molding
Level: First
Features: Closet, Flooring - Hardwood, Recessed Lighting, Closet - Double
Level: Second
Level: First
Features: Flooring - Hardwood, Recessed Lighting
Level: Basement
Features: Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting
Level: Basement
Features: Flooring - Wall to Wall Carpet, Open Floor Plan
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Open Floorplan, Office
Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Marble, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Chase Estate Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck - Composite, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: 2002182
Water Source: Public
Financial Details
Tax Assessed Value: $313,700
Tax Annual Amount: $4,204
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $285
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
04/23/2025
|
2 Bed
|
1 Bath
|
1126 ft²
|
$469,000
2 Bed
1 Bath
1126 ft²
|
$501,000
+6.82%
06/20/2025
|
Joseph Barnes
Keller Williams Realty Boston-Metro | Back Bay
| |
|
07/15/2020
|
2 Bed
|
2 Bath
|
1126 ft²
|
$400,000
2 Bed
2 Bath
1126 ft²
|
$420,000
+5.00%
09/15/2020
|
Jessica Schenkel
Sagan Harborside Sotheby's International Realty
| |
|
06/29/2004
|
2 Bed
|
1 Bath
|
1409 ft²
|
$299,900
2 Bed
1 Bath
1409 ft²
|
$300,000
+0.03%
09/30/2004
|
Doug Morrow
Churchill Properties
| |
|
02/04/2003
|
2 Bed
|
2 Bath
|
1400 ft²
|
$279,900
2 Bed
2 Bath
1400 ft²
|
$278,900
-0.36%
04/15/2003
|
Katina Hantzis Borges
Carlson GMAC Real Estate
| |
|
01/31/2000
|
2 Bed
|
2 Bath
|
1126 ft²
|
$169,900
2 Bed
2 Bath
1126 ft²
|
$169,900
03/30/2000
|
Olga Lysenko
Keller Williams Realty Boston Northwest
|
Building Info
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