$315,000
●
Condo -
In Contract
21 Margin St #27
Lynn, MA 01905
2 Beds
2 Baths
876 Ft²
$2,295
Est. Monthly
$463
HOA / Fees
About This Property
This move-in ready 2-bedroom, 2-bath condominium offers views of
the Saugus River. Freshly painted & professionally cleaned
carpeting, this unit features a spacious floor plan designed for
comfortable living. Kitchen offers abundant cabinet storage &
overlooks dining & living areas, creating functional space for
daily living & entertaining. Sliding glass doors from both living
room & primary bedroom lead to private balcony where you can relax
and enjoy the beautiful river views. The generous primary suite
offers ample closet space and a private bath, while the second full
bathroom is conveniently located off the hallway. Additional
highlights include in-unit laundry, deeded parking for 1 car, &
guest parking. Enjoy access to clubhouse & outdoor pool.
Conveniently located near MBTA bus at intersection of Margin St &
Summer St & approximately 1 mile from River Works commuter rail
station. Boston is only about 12 miles away & moments away from
shopping, dining, entertainment, hiking & more. Unit offers great
combination of comfort & convenience.
Unit Size
876 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$360
Property Type
Condo
Property Taxes
$285
HOA Dues
$463
Year Built
-
Listed By
Peter Rooney
Compass
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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: 2 months ago (MLSPIN #73554555)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Price Decreased |
$315,000
↓ $14K
(4.3%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Compass | $329,000 | |
| Listed by Compass | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, First Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 876
Year Built Source: Public Records
Year Built: 1987
Waterfront Features: Waterfront, River Front
Building Name: Grason Landing Condominium
Building Area Total: 876
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Area: 1.12
Lot Size Units: Acres
Lot Size Acres: 1.12
Lot Size Square Feet: 48896
Water Source: Public
Financial Details
Tax Assessed Value: $331,800
Tax Annual Amount: $3,418
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Clubroom
HOA Fee: $463
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 |
|---|---|---|---|---|---|---|---|
|
06/03/2026
|
2 Bed
|
2 Bath
|
1087 ft²
|
$389,000
2 Bed
2 Bath
1087 ft²
|
$377,500
-2.96%
10/02/2026
|
Ryan Persac
Donnelly + Co.
| |
|
03/25/2026
|
2 Bed
|
2 Bath
|
1088 ft²
|
$419,900
2 Bed
2 Bath
1088 ft²
|
$410,000
-2.36%
09/15/2026
|
Nidia Peguero
Century 21 North East
| |
|
09/07/2021
|
2 Bed
|
2 Bath
|
1088 ft²
|
$309,900
2 Bed
2 Bath
1088 ft²
|
$325,000
+4.87%
10/29/2021
|
Nidia Peguero
Century 21 North East
| |
|
06/15/2021
|
3 Bed
|
2 Bath
|
1087 ft²
|
$319,900
3 Bed
2 Bath
1087 ft²
|
$322,000
+0.66%
11/09/2021
|
Javier Bedoya
Doherty Properties
| |
|
05/03/2021
|
2 Bed
|
2 Bath
|
875 ft²
|
$279,000
2 Bed
2 Bath
875 ft²
|
$280,000
+0.36%
07/01/2021
|
Marline Calderon
Cameron Prestige, LLC
| |
|
12/26/2020
|
2 Bed
|
2 Bath
|
1029 ft²
|
$299,000
2 Bed
2 Bath
1029 ft²
|
$297,000
-0.67%
02/19/2021
|
Michael Satterwhite
Michael Anthony Real Estate
| |
|
07/23/2020
|
2 Bed
|
2 Bath
|
905 ft²
|
$250,000
2 Bed
2 Bath
905 ft²
|
$250,000
11/09/2020
|
Colleen Toner
Toner Real Estate, LLC
| |
|
08/01/2019
|
2 Bed
|
2 Bath
|
875 ft²
|
$249,900
2 Bed
2 Bath
875 ft²
|
$250,000
+0.04%
09/10/2019
|
Diane Chuha
Bond Realty, Inc.
| |
|
09/26/2018
|
3 Bed
|
2 Bath
|
1087 ft²
|
$273,999
3 Bed
2 Bath
1087 ft²
|
-
11/02/2018
|
Gino Ricciardelli
Foremost Realty
| |
|
08/22/2018
|
2 Bed
|
2 Bath
|
874 ft²
|
$262,000
2 Bed
2 Bath
874 ft²
|
$249,000
-4.96%
12/07/2018
|
Melinda Puzon
MP Signature Realty LLC
| |
|
07/26/2018
|
2 Bed
|
2 Bath
|
1088 ft²
|
$259,900
2 Bed
2 Bath
1088 ft²
|
$251,000
-3.42%
09/21/2018
|
Zambrano Properties & Associates
RE/MAX Trinity
| |
|
04/11/2018
|
2 Bed
|
2 Bath
|
906 ft²
|
$268,000
2 Bed
2 Bath
906 ft²
|
$263,000
-1.87%
06/06/2018
|
Michael Blumsack
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/20/2018
|
2 Bed
|
2 Bath
|
1029 ft²
|
$259,900
2 Bed
2 Bath
1029 ft²
|
$255,000
-1.89%
06/19/2018
|
Ryan Newhall
Newhall Real Estate
| |
|
01/22/2018
|
2 Bed
|
2 Bath
|
875 ft²
|
$249,900
2 Bed
2 Bath
875 ft²
|
$250,000
+0.04%
04/06/2018
|
Lauren Barton
Carpenito Real Estate, Inc.
| |
|
12/05/2016
|
2 Bed
|
2 Bath
|
874 ft²
|
$143,900
2 Bed
2 Bath
874 ft²
|
$150,000
+4.24%
03/06/2017
|
Richard Brangiforte
Century Realty
| |
|
10/15/2016
|
2 Bed
|
2 Bath
|
906 ft²
|
$174,999
2 Bed
2 Bath
906 ft²
|
$177,500
+1.43%
12/27/2016
|
John Worth
Foremost Realty
| |
|
06/02/2016
|
2 Bed
|
2 Bath
|
1088 ft²
|
$188,000
2 Bed
2 Bath
1088 ft²
|
$193,600
+2.98%
09/15/2016
|
William McLaughlin
Suffolk Real Estate, LLC
| |
|
06/16/2014
|
2 Bed
|
2 Bath
|
1087 ft²
|
$105,000
2 Bed
2 Bath
1087 ft²
|
$110,000
+4.76%
01/14/2015
|
Doug Morrow
Churchill Properties
| |
|
01/30/2014
|
2 Bed
|
2 Bath
|
906 ft²
|
$117,900
2 Bed
2 Bath
906 ft²
|
$105,000
-10.94%
05/09/2014
|
Richard Powers
Toner Real Estate, LLC
| |
|
10/08/2012
|
3 Bed
|
2 Bath
|
1029 ft²
|
$139,900
3 Bed
2 Bath
1029 ft²
|
$139,900
12/29/2012
|
Colleen Toner
Toner Real Estate, LLC
| |
|
06/29/2012
|
2 Bed
|
2 Bath
|
1026 ft²
|
$94,900
2 Bed
2 Bath
1026 ft²
|
$87,500
-7.80%
10/30/2012
|
Vincent Forzese
Realty One Group Nest
| |
|
03/27/2010
|
2 Bed
|
2 Bath
|
1088 ft²
|
$219,900
2 Bed
2 Bath
1088 ft²
|
-
-
|
Gele Kostovski
Westland Realty Group
| |
|
03/22/2010
|
2 Bed
|
2 Bath
|
906 ft²
|
$126,500
2 Bed
2 Bath
906 ft²
|
$98,000
-22.53%
12/30/2010
|
Carol Curley
Century 21 North East
| |
|
02/05/2009
|
2 Bed
|
2 Bath
|
1029 ft²
|
$134,900
2 Bed
2 Bath
1029 ft²
|
$128,000
-5.11%
08/24/2009
|
Heather Poulin
Bentley's
| |
|
06/08/2007
|
2 Bed
|
2 Bath
|
1026 ft²
|
$219,900
2 Bed
2 Bath
1026 ft²
|
$216,900
-1.36%
08/31/2007
|
Jacquelyn Gagnon
J.Gagnon Real Estate Associates
| |
|
04/20/2005
|
2 Bed
|
2 Bath
|
906 ft²
|
$219,900
2 Bed
2 Bath
906 ft²
|
$218,000
-0.86%
07/07/2005
|
Wendy Carpenito
Carpenito Real Estate, Inc.
| |
|
02/27/2005
|
2 Bed
|
2 Bath
|
875 ft²
|
$209,900
2 Bed
2 Bath
875 ft²
|
$209,900
04/19/2005
|
Judith Marano
Century 21 Mario Real Estate
| |
|
01/05/2004
|
2 Bed
|
2 Bath
|
1088 ft²
|
$199,900
2 Bed
2 Bath
1088 ft²
|
$190,000
-4.95%
05/20/2004
|
Nancy Toomey
Century 21 Tradition
| |
|
07/22/2002
|
2 Bed
|
2 Bath
|
1000 ft²
|
$174,900
2 Bed
2 Bath
1000 ft²
|
$173,000
-1.09%
10/18/2002
|
Elaine Gannon
Coldwell Banker Residential Brokerage - Lynnfield
| |
|
02/19/2002
|
3 Bed
|
2 Bath
|
1025 ft²
|
$189,900
3 Bed
2 Bath
1025 ft²
|
$183,000
-3.63%
06/27/2002
|
Susan M Pretti
Castlegate Real Estate
| |
|
12/12/2001
|
2 Bed
|
2 Bath
|
999999 ft²
|
$164,900
2 Bed
2 Bath
999999 ft²
|
$159,650
-3.18%
03/01/2002
|
John Worth
RE/MAX Andrew Realty Services
| |
|
10/07/1999
|
2 Bed
|
2 Bath
|
906 ft²
|
$99,900
2 Bed
2 Bath
906 ft²
|
$95,000
-4.90%
11/15/1999
|
Joan Regan
Century 21 Tradition
| |
|
04/19/1999
|
2 Bed
|
2 Bath
|
1026 ft²
|
$99,900
2 Bed
2 Bath
1026 ft²
|
$99,900
06/10/1999
|
Richard Powers
Toner Real Estate, LLC
| |
|
06/03/1996
|
2 Bed
|
2 Bath
|
1000 ft²
|
$72,900
2 Bed
2 Bath
1000 ft²
|
$69,000
-5.35%
07/26/1996
|
Richard Powers
Toner Real Estate, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017