CCertihomes
0 Waitt Road, Lynn, MA 01902

$800,000

0 beds 0 baths 148 days on marketActive

About this home

BUY DIRT. They aren't making any more of it and we are in a housing shortage. Your next opportunity, right here in burgeoning Lynn! 2 different engineering and architect firms have opined that a developer should be able to build 6 single-family homes by-right on the lot. While seller nor their agent can verify accuracy, the potential seems to exist for a subdivision in this great residential location. Proximity to the Beach is less than 2 miles, as is the Market Basket and Target on Highland Avenue in Salem. AND, the location is just 1.5 miles to the Swampscott Train Station. Lynn is getting bougie these days; don't sleep on it. There is a James Beard award-nominated chef cooking up a storm at Nightshade Noodle Bar, organic stone ground bagels and pizza from One Mighty Mill, curated wines from a Sommelier at Lucille's, and it is home to some of the most incredible urban mural art in the country. Conceptual plans are attached. Ask your agent to share them!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$6,749/mo

Real estate (PITI + HOA + PMI)
$6,501
Principal + interest$5,159
Property tax + insurance$1,042
PMI / 2nd mortgage$300
Utilities
$588
Heating + cooling$132
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$6,749/mo TLC
Budget$7,249/mo
Remaining after TLC$500/mo
Purchase price
$800,000
Down payment
$40,000 (5%)
Loan amount
$760,000
APR
7.2%

Quick facts

Type
Residential
Style
Year built
Lot size
1.73 ac
Stories
0
Heating
Cooling
Water
At Street
HOA
Annual tax
$1,162
MLS #
73176125
County
Essex

Home features

Community
Public TransportationShoppingParkConservation AreaHighway AccessHouse of WorshipPublic SchoolT-StationUniversity
Sewer
At Street

Lot features

Easements, Wooded

Neighborhood — 01902

MetricThis ZIPCountyUSA
Population41,0916,444,931299,088,112
Population Change Since199013.00%7.00%20.00%
Population Density16,575786
Male19,9393,127,134147,432,321
Female21,1523,317,797151,655,844
Never Married11,7981,612,88563,775,926
Married12,1142,586,314123,120,365
Separated2,491247,85712,639,686
Widowed2,546363,59415,467,586
Divorced2,961436,88823,075,029
Number Of House Hold15,6012,431,591111,826,380
Average House Hold Size2.592.562.60
Medial Age32.0837.2535.46
Median House Hold Income$38,313$57,698$48,276
Average House Hold Income$46,594$75,023$63,629
P C I$18,300$29,196$24,529
M D I$33,554$48,105$41,133
A T H E$41,693$57,083$50,898
S T R5.00%5.00%
W C J79.43%81.38%77.74%
(Zip) Code
1902

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 11/1/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.