$275,000
●
Condo -
Off Market
54-56 Central Sq #2A
Lynn, MA 01901
2 Beds
2 Baths
1,216 Ft²
$450,541
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model
About This Property
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.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$238
Property Type
Condo
Property Taxes
$274
HOA Dues
$459
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: 4 years ago (MLSPIN #72181485)
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. | |||
| | |||
|
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.
| |||
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jun 13, 2017 | Listed by LAER Realty Partners | $289,900 | |
| Listed by LAER Realty Partners | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Parking Features: Rented, On Street
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Keith Lofts
Structure Type: Mid-Rise
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: $210,800
Tax Annual Amount: $3,288
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Forced Air, Natural Gas, Common, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Reserve Funds
HOA/Condo/Coop Amenities: Storage
Association Fee Frequency: Monthly
HOA Fee: $459
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Pets Allowed: Yes
Complex is Completed
Management: Professional - Off Site, 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 |
|---|---|---|---|---|---|---|---|
|
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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Address: 335 Madison Avenue, New York, NY 10017