$166,000
●
Condo -
Off Market
35 Central Sq. #402
Lynn, MA 01901
1 Bed
1 Bath
584 Ft²
$218,685
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model
About This Property
LOFT LIVING in the heart of Lynn's Cultural District. With an
eye on the future this historic building was transformed in 2015
into 8 gleaming lofts. Unit 402 is a STUDIO with a fully
equipped kitchen, soaring ceilings, exposed brick, and expansive
windows that provide plenty of natural light and city views.
Lynn's downtown area has undergone a renaissance attracting
5-star restaurants, bakeries, cultural events and is within walking
distance to North Shore Community College, Lynn , Nahant and
Swampscott beaches. Less than 20 minutes from Boston,t here
are several convenient public transportation options including the
commuter rail and MBTA. In-building laundry facilities and good
sized storage unit. This is a unique and exciting opportunity
to be part of Lynn's transformation and impending waterfront
expansion. If you've been search for an urban living option,
this is it. Income and deed restrictions apply, unit MUST be
owner occupied -- see attached forms.
Unit Size
584 Ft²
Days on Market
-
Land Size
-
Price per sqft
$325
Property Type
Condo
Property Taxes
$132
HOA Dues
$280
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: 5 years ago (MLSPIN #72807270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by Century 21 North East | $199,852 | |
| Listed by Century 21 North East | |||
| | |||
|
LOFT LIVING in the heart of Lynn's Cultural District. With an eye on the future this historic building was transformed in 2015 into 8 gleaming lofts. Unit 402 is a STUDIO with a fully equipped kitchen, kitchen island, soaring ceilings, and expansive windows that provide plenty of natural light and city views. Full bath with tub/shower. Lynn's downtown area has undergone a renaissance attracting 5-star restaurants, bakeries, cultural events and is within walking distance to North Shore Community College, Lynn , Nahant and Swampscott beaches. Less than 20 minutes from Boston, there are several convenient public transportation options including the commuter rail and MBTA. In-building laundry facilities and good sized storage unit. This is a unique and exciting opportunity to be part of Lynn's transformation and impending waterfront expansion. If you've been searching for an urban living option, this is it. Income and deed restrictions apply, unit MUST be owner occupied.
| |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Century 21 North East | $189,900 | |
| Listed by Century 21 North East | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Utility Connections for Gas Range
Flooring Type: Laminate
Laundry Features: In Basement, Common Area, In Building
Rooms: 1
Basement: Y
Parking Details
Parking Features: On Street, Available for Purchase
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Station Lofts
Structure Type: Mid-Rise, Brownstone, Loft
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CBD
Water Source: Public
Financial Details
Tax Assessed Value: $113,300
Tax Annual Amount: $1,583
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water
HOA/Condo/Coop Amenities: Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $280
Community Features: Public Transportation, Shopping, House of Worship, Marina, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
08/31/2024
|
1 Bed
|
1 Bath
|
550 ft²
|
$199,852
1 Bed
1 Bath
550 ft²
|
$199,852
12/09/2024
|
Eileen Jonah-Daly
Century 21 North East
| |
|
02/22/2023
|
1 Bed
|
1 Bath
|
765 ft²
|
$244,900
1 Bed
1 Bath
765 ft²
|
$272,000
+11.07%
04/28/2023
|
Victoria Laws
Victoria Laws
| |
|
04/01/2021
|
1 Bed
|
1 Bath
|
584 ft²
|
$189,900
1 Bed
1 Bath
584 ft²
|
$166,000
-12.59%
06/18/2021
|
Eileen Jonah-Daly
Century 21 North East
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017