$350,000
●
Condo -
Off Market
32 Margin #C
Lynn, MA 01905
2 Beds
2 Baths,
1
Half Bath
1,800 Ft²
$514,936
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model
About This Property
Peace & tranquility await you in this spacious & open 3/level
townhouse, located on the Saugus River! Enjoy water views right
from your private deck! 1st level features newly updated, newly
applianced kitchen & open concept living/dining area. Sliders open
to a full deck overlooking the river. 1/2 bath w/washer &
dryer hookups complete1st level. 2nd level features den, 2 bedrooms
& 2 full bathrooms, master w/private bath & deck. Spiral staircase
leads to 3rd level - with oversized bonus room - perfect for home
theater, 3rd bedroom or office. Roof, siding, windows, decks, water
heater & heating/AC ALL replaced w/in last 3 yrs! Unit also
features solar panels (owned) saves $2k/yr (gen. 8000 kWh/yr).
Attached 1/car garage, driveway & plenty of guest parking. FHA
approved, flood insurance not required by individual unit owners.
Close to all major routes, public transportation & shopping.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$312
HOA Dues
$350
Year Built
-
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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: 6 months ago (MLSPIN #72534915)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Century 21 North East | $454,900 | |
| Listed by Century 21 North East | |||
| | |||
|
This lovely town house at Riverbay condominium complex is available! It boasts 3 levels of living space, with an attached 1 car garage, central air and solar panels. When entering the front door, you will notice the upgraded kitchen with stainless steel appliances, granite counter tops and a tiled backsplash with upgraded cabinets. Then from there, you enter the living/dining room which flows out through your French doors to your private deck with river views. It also has a half bath with washer dryer hookups for your convenience as well. That completes the main level. Going up to the second level there is a den area, a second full bath, 2 bedrooms with one being the primary bedroom with an en-suite bathroom and a private deck. Now on to the third level via a spiral staircase, leads you up to a large bonus room being used as a third bedroom with a closet as well.
| |||
| Sep 12, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by RE/MAX Andrew Realty Services | $359,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
| Aug 30, 2010 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bonus Room
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Flooring - Wall to Wall Carpet
Laundry Features: In Unit, First Floor
Rooms: 6
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1800
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1988
Waterfront Features: Waterfront, River, Ocean, 1/2 to 1 Mile To Beach
Building Name: Riverbay
Building Area Total: 1800
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $261,700
Tax Annual Amount: $3,742
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $350
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 |
|---|---|---|---|---|---|---|---|
|
07/14/2022
|
3 Bed
|
2 Bath
|
1800 ft²
|
$454,900
3 Bed
2 Bath
1800 ft²
|
$440,000
-3.28%
09/27/2022
|
Anthony Verdone
Century 21 North East
| |
|
07/16/2019
|
2 Bed
|
2 Bath
|
1800 ft²
|
$359,900
2 Bed
2 Bath
1800 ft²
|
$350,000
-2.75%
09/12/2019
|
Spadafora Team
RE/MAX Andrew Realty Services
| |
|
07/17/2017
|
2 Bed
|
2 Bath
|
1749 ft²
|
$314,900
2 Bed
2 Bath
1749 ft²
|
$326,000
+3.52%
09/22/2017
|
Jackelyn Enslow
J. Barrett & Company
| |
|
10/13/2011
|
2 Bed
|
2 Bath
|
1430 ft²
|
$129,900
2 Bed
2 Bath
1430 ft²
|
-
-
|
Brian Gagnon
Coldwell Banker Realty - Back Bay
| |
|
05/01/2010
|
2 Bed
|
2 Bath
|
1430 ft²
|
$264,000
2 Bed
2 Bath
1430 ft²
|
-
-
|
Michael Gurevich
Kunevich & Lau Realty, LLC
| |
|
05/11/2010
|
3 Bed
|
3 Bath
|
1430 ft²
|
$144,900
3 Bed
3 Bath
1430 ft²
|
$135,000
-6.83%
08/30/2010
|
Annemarie LaTulip
eXp Realty
| |
|
07/29/2004
|
2 Bed
|
3 Bath
|
1749 ft²
|
$279,900
2 Bed
3 Bath
1749 ft²
|
$270,000
-3.54%
10/15/2004
|
Kerri Johnson
New Home Network
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017