$410,000
●
Condo -
Off Market
9 Beach Road #2
Lynn, MA 01902
2 Beds
1 Bath
1,277 Ft²
$457,144
RealtyHop Estimate
14.57%
Since Aug 1, 2021
MA-Boston
Primary Model
About This Property
Fantastic opportunity for a waterfront condo in a well maintained
building in Lynn. This 2+ bedroom condo has unobstructed water
views from almost every room! Situated on the second floor, this
floor through unit features an open concept kitchen, living and
dining space along with a bonus room perfect for a home office! Two
king sized bedrooms, an updated bathroom, hardwood floors
throughout, and ample natural sunlight round off this gorgeous
condo. On top of it all, there is a deeded private garage offering
covered parking and extra storage! Private laundry room and
additional unit storage is located in the basement. A short
distance away from both Nahant Beach and Lynn Beach!
Unit Size
1,277 Ft²
Days on Market
-
Land Size
-
Price per sqft
$312
Property Type
Condo
Property Taxes
$343
HOA Dues
$388
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 #72846188)
Price History
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Freezer
Flooring Type: Wood
Rooms: 3
Basement: N
Parking Details
Has Garage
Parking Features: Detached, Off Street, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Detached
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 2002518
Water Source: Public
Financial Details
Tax Assessed Value: $315,500
Tax Annual Amount: $4,111
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $388
Community Features: Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Public School, T-Station
Pets Allowed: No
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 |
|---|---|---|---|---|---|---|---|
|
11/21/2025
|
1 Bed
|
1 Bath
|
738 ft²
|
$290,000
1 Bed
1 Bath
738 ft²
|
$275,000
-5.17%
02/17/2026
|
Andrea Satterwhite
Michael Anthony Real Estate
| |
|
03/30/2022
|
1 Bed
|
1 Bath
|
940 ft²
|
$325,000
1 Bed
1 Bath
940 ft²
|
$328,000
+0.92%
05/11/2022
|
The Haddad Homes Group
Compass
| |
|
06/09/2021
|
2 Bed
|
1 Bath
|
1277 ft²
|
$399,000
2 Bed
1 Bath
1277 ft²
|
$410,000
+2.76%
07/29/2021
|
The Haddad Homes Group
Compass
| |
|
08/19/2020
|
1 Bed
|
1 Bath
|
738 ft²
|
$190,000
1 Bed
1 Bath
738 ft²
|
$190,000
11/03/2020
|
The Haddad Homes Group
Compass
| |
|
06/14/2019
|
2 Bed
|
1 Bath
|
1229 ft²
|
$334,900
2 Bed
1 Bath
1229 ft²
|
$315,000
-5.94%
12/16/2019
|
John Papanastasiou
Vernon A. Martin, Inc.
| |
|
03/19/2001
|
1 Bed
|
1 Bath
|
1000 ft²
|
$117,900
1 Bed
1 Bath
1000 ft²
|
$105,000
-10.94%
05/14/2001
|
Kathleen Fabrizio
J. Barrett & Company
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017