CCertihomes
150 Lynnway #107, Lynn, MA 01902

$625,000

3 beds 3 baths 2,313 sqft Built 198658 days on marketActive

About this home

Absolutely incredible opportunity to live in a spacious (over 2300SF!) three bedroom end unit w/ wrap around ocean & marina views - truly a rare offering! South facing w/ loads of natural sunlight throughout the day, this property is one of only a few in the entire association w/ a 40 foot private ocean / marina facing terrace, accessible via sliders from the living room. All rooms are spacious in this home, allowing for flexible use & layouts. Two large bedrooms each w/ en suite bathrooms, plus a perfectly located 1/2 bath for guests. Loads of storage & spacious closets, plus in unit private laundry room. Central air, direct access garage parking & one additional exterior space adjacent to the unit. Walk to Nahant Beach, take the ferry to downtown Boston, enjoy a bustling and revitalized downtown district. Get in now and capitalize on appreciation from future Lynn waterfront developments! Property functional, but value could be substantially improved with a cosmetic refresh.

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
$6,952/mo

Real estate (PITI + HOA + PMI)
$7,838
Principal + interest$4,030
Property tax + insurance$2,419
HOA$1,155
PMI / 2nd mortgage$234
Utilities
$498
Heating + cooling$87
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$6,952/mo TLC
Budget$7,452/mo
Remaining after TLC$500/mo
Purchase price
$625,000
Down payment
$31,250 (5%)
Loan amount
$593,750
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1986
Lot size
4.34 ac
Stories
1
Heating
Heat Pump, Electric
Cooling
Heat Pump
Water
Public
HOA
$1,155 / Monthly
Annual tax
$7,320
MLS #
73214483
County
Essex

At a glance

Basement
Garage (1)
Dishwasher
Waterfront

Home features

Appliances
RangeDishwasherRefrigeratorWasherDryer
Interior
ClosetEntry HallHome Office
Exterior
Patio
Community
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfConservation AreaHighway AccessMarinaPrivate SchoolPublic SchoolT-StationUniversityOther
Parking
AttachedUnderGarage Door OpenerDeededOff Street
Kitchen
Flooring - Stone/Ceramic TileDining Area
Security
Intercom
Flooring
Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Sewer
Public Sewer

Schools

Elementary
Washington

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 3/20/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.