CCertihomes
50 Silsbee St, Lynn, MA 01901

$11,980,000

0 beds 0 baths 4 days on marketActive

About this home

The Onyx is a 180, 674 Sqft fully permitted and approved luxury development in Lynn, Massachusetts, conveniently located at the new commuter rail stop. FULL CD SET AVAILABLE. Ready for ground-breaking. Potential JV Opportunity. This development comprises 129, 468 SF of NRA, spread across 181 residential units and 1 commercial unit (usable as a cafe or restaurant). The mix of residential units is: 36 studios, 61 one-bedroom, 12 one-bedroom w/den, 72 two-bedroom apartments. The project includes 101 sub-ground parking spaces and amenities such as a gym, golf simulator, and movie theatre.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,438,933/mo

Real estate (PITI + HOA + PMI)
$8,432,380
Principal + interest$54,335
Property tax + insurance$8,373,552
PMI / 2nd mortgage$4,493
Utilities
$21,584
Heating + cooling$10,630
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$8,438,933/mo TLC
Budget$8,439,433/mo
Remaining after TLC$500/mo
Purchase price
$11,980,000
Down payment
$599,000 (5%)
Loan amount
$11,381,000
APR
4%

Quick facts

Type
Residential
Style
Year built
Lot size
1.1 ac
Stories
0
Heating
Cooling
Water
On-Site
HOA
Annual tax
$99,999,999
MLS #
73209073
County
Essex

Home features

Community
Public TransportationPark
Sewer
At Street

Lot features

Underground Storage Tank, Level, Sidewalks

Neighborhood — 01901

MetricThis ZIPCountyUSA
Population6,5376,444,931299,088,112
Population Change Since199024.00%7.00%20.00%
Population Density27,381786
Male3,1673,127,134147,432,321
Female3,3703,317,797151,655,844
Never Married2,1751,612,88563,775,926
Married1,4382,586,314123,120,365
Separated622247,85712,639,686
Widowed569363,59415,467,586
Divorced512436,88823,075,029
Number Of House Hold3,0422,431,591111,826,380
Average House Hold Size2.082.562.60
Medial Age36.8037.2535.46
Median House Hold Income$18,703$57,698$48,276
Average House Hold Income$26,227$75,023$63,629
P C I$13,160$29,196$24,529
M D I$17,625$48,105$41,133
A T H E$29,637$57,083$50,898
S T R5.00%5.00%
W C J76.79%81.38%77.74%
(Zip) Code
1901

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

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MLSPIN

Listing information last refreshed 3/6/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.