$201,000
●
Condo -
Off Market
54-56 Central Sq #2C
Lynn, MA 01901
1 Bed
1 Bath
606 Ft²
$259,513
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model
About This Property
Loft living in the heart of Lynn's downtown district.
Convenient to restaurants, shops, cafes, and grocery stores.
The commuter rail is two blocks away and two stops from North
Station. The loft has soaring ceilings, gleaming hardwood
floors, exposed duct work and enormous windows. The bedroom
is large and airy with two walk in closets. The kitchen boasts of
granite counter tops, maple cabinets and black appliances.
The unit was freshly painted, hardwood floors were sanded
with 3 coats of polyurethane, new toilet and tub, and new bedroom
carpeting. The building has an elevator and storage in the
basement. A great space to entertain your family and friends.
A must see property. No showings until first open house
on Sunday, April 22nd from 12:00 to 4:00.
Unit Size
606 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$289
Property Type
Condo
Property Taxes
$175
HOA Dues
$240
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 #72311014)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by MCM Properties, Inc. | $175,000 | |
| Listed by MCM Properties, Inc. | |||
| Jan 26, 2009 | Sold | ||
| Sold | |||
| Nov 5, 2008 | Listed by Coldwell Banker Realty - Westwood | $69,900 | |
| Listed by Coldwell Banker Realty - Westwood | |||
| | |||
|
Bank owned 1 bedroom unit in very well kept building. Recently updated kitchen, large living room and good sized bedroom. Great location too.
| |||
Property Highlights
Air Conditioning
Interior Details
Level: Second
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Hardwood
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Hardwood
Rooms: 3
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Keith Building Condo
Structure Type: Loft
Stories (Total): 1
Building Area Units: Square Feet
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:004, 4622173
Water Source: Public
Financial Details
Tax Assessed Value: $138,600
Tax Annual Amount: $2,100
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $240
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