$79,900
●
Condo -
Off Market
54-56 Central Square #2C
Lynn, MA 01901
1 Bed
1 Bath
606 Ft²
$150,423
RealtyHop Estimate
115.20%
Since Feb 1, 2009
MA-Boston
Primary Model
About This Property
Bank owned 1 bedroom unit in very well kept building.
Recently updated kitchen, large living room and good sized
bedroom. Great location too.
Unit Size
606 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
Condo
Property Taxes
$149
HOA Dues
$150
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: 4 years ago (MLSPIN #70843236)
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. | |||
| | |||
|
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.
| |||
| Jan 26, 2009 | Sold | ||
| Sold | |||
| Nov 5, 2008 | Listed by Coldwell Banker Realty - Westwood | $69,900 | |
| Listed by Coldwell Banker Realty - Westwood | |||
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Rooms: 3
Basement: N
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Keith Building Condominiums
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CBD
Parcel Number: 4542520
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $162,000
Tax Annual Amount: $1,786
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $150
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat
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