$333,000
●
Condo -
Off Market
54-56 Central Sq #2A
Lynn, MA 01901
2 Beds
2 Baths
1,216 Ft²
$394,829
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model
About This Property
Welcome to The Keith Lofts in Central Square Historic District!
This Lynn landmark built in 1890 was converted into 10 Ultra modern
Condos in 2005. Unit 2A is a 2 bed/ 2 baths unit with oversized
windows & 12 ft ceilings, Open Concept kitchen/living
room/dining room, gleaming hard wood floors throughout, great
views of the urban architecture, large bedrooms with sizable
closets, in-unit laundry & deeded storage. This vibrant, foot
friendly, community driven neighborhood offers a competitive edge
of affordability and livability. Emerge into this growing urban
scene with the convenience of everything you need - popular
restaurants, shops, cafes, brewery, farmers' markets, community
gardens, grocery stores, theatre, library, museum, Lynn Woods, and
stunning architecture! Strong owner occupancy, financials &
management. Parking @ MBTA garage for 2 cars paid by seller for
1year. 95 Walk Score. Commuter Rail 2 blocks away, 2 stops to
North Station. One mile to the ocean and Kings Beach.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$288
Property Type
Condo
Property Taxes
$330
HOA Dues
$485
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: 5 years ago (MLSPIN #72880245)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by MGR Global Realty, Inc. | $350,000 | |
| Listed by MGR Global Realty, Inc. | |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jun 13, 2017 | Listed by LAER Realty Partners | $289,900 | |
| Listed by LAER Realty Partners | |||
| | |||
|
FHA approved. 95 Walk Score! Pet friendly. Commuter Rail two blocks away, two stops to North Station. With Boston prices soaring, this vibrant, foot friendly, community driven neighborhood offers a competitive edge of affordability and livability. Governor Baker's economic development team has their eyes on Lynn and you should too. One mile to the ocean, live an active lifestyle while exploring a growing urban scene with the convenience of everything you need - popular restaurants, shops, cafes, brewery, farmer’s market, community garden, grocery stores, theatre, library, museum, Lynn Woods, and stunning architecture! Elevator building+modern kitchen with granite/stainless steel/peninsula+open floor plan+master bath+deeded basement storage+12' ceilings+exposed ducts+hardwood floors+massive windows offering radiant natural light with stellar architectural & urban perspective+top of the line energy efficient blackout blinds+newer energy efficient appliances/hot water heater.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Features: Yes
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater
Flooring Type: Tile, Hardwood
Laundry Features: In Unit
Rooms: 5
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Common, On Street
Garage Spaces: 2
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Keith Building Condominiums
Structure Type: Rowhouse, Loft
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick, Post & Beam
Lead Paint: Unknown
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: CBD
Parcel Number: M:068 B:626 L:002 S:002, 4622173
Water Source: Public
Financial Details
Tax Assessed Value: $304,300
Tax Annual Amount: $3,965
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $485
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
03/25/2026
|
2 Bed
|
2 Bath
|
1306 ft²
|
$399,999
2 Bed
2 Bath
1306 ft²
|
-
-
|
Michael Petrigno
MP Realty Group
| |
|
08/11/2021
|
2 Bed
|
2 Bath
|
1216 ft²
|
$350,000
2 Bed
2 Bath
1216 ft²
|
$333,000
-4.86%
11/23/2021
|
Michael Romanovsky
MGR Global Realty, Inc.
| |
|
03/16/2021
|
1 Bed
|
1 Bath
|
540 ft²
|
$235,000
1 Bed
1 Bath
540 ft²
|
$225,000
-4.26%
07/30/2021
|
ResCo Team
Gibson Sotheby's International Realty
| |
|
06/10/2020
|
2 Bed
|
2 Bath
|
1306 ft²
|
$319,900
2 Bed
2 Bath
1306 ft²
|
$320,000
+0.03%
09/01/2020
|
Darlene Minincleri
MP Realty Group
| |
|
02/20/2020
|
2 Bed
|
2 Bath
|
1268 ft²
|
$314,900
2 Bed
2 Bath
1268 ft²
|
$312,500
-0.76%
07/17/2020
|
Daniel Meegan
J. Barrett & Company
| |
|
07/18/2018
|
1 Bed
|
1 Bath
|
540 ft²
|
$189,900
1 Bed
1 Bath
540 ft²
|
$189,900
08/24/2018
|
Erin Lamb
RE/MAX 360
| |
|
04/18/2018
|
1 Bed
|
1 Bath
|
606 ft²
|
$175,000
1 Bed
1 Bath
606 ft²
|
$201,000
+14.86%
05/31/2018
|
Mark Johnson
C & D Realty
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1306 ft²
|
-
2 Bed
2 Bath
1306 ft²
|
-
-
|
-
|
|
06/13/2017
|
2 Bed
|
2 Bath
|
1216 ft²
|
$289,900
2 Bed
2 Bath
1216 ft²
|
$275,000
-5.14%
08/31/2017
|
Soraya Cacici
Nest Forward
| |
|
06/06/2017
|
2 Bed
|
2 Bath
|
1306 ft²
|
$319,000
2 Bed
2 Bath
1306 ft²
|
$301,000
-5.64%
10/04/2017
|
Erin Lamb
RE/MAX 360
| |
|
11/05/2008
|
1 Bed
|
1 Bath
|
606 ft²
|
$69,900
1 Bed
1 Bath
606 ft²
|
$79,900
+14.31%
01/26/2009
|
Mark Johnson
C & D Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017