
150 Lynnway #402 Lynn — Photo 1 of 41
$319,900
Investment Analysis — 150 Lynnway #402
Lynn, MA 01902 — Diamond District
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01902 carries an estimated $2,160/mo in gross rent — about a 3.01% cap rate and $9,614/yr in estimated NOI at the $319,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
870
Style
Condominium
Built
1985
Experience true oceanfront living in this beautifully remodeled, open-concept one-bedroom retreat offering single-level convenience and sweeping views of the Atlantic ocean, marina, and Boston skyline from every window. This turnkey unit features a custom kitchen with a center island, glass tile backsplash, updated appliances, and stylish finishes that create a bright, coastal feel. Enjoy in-unit laundry, a new heating system, and an expansive dining/living room with a slider leading to a private balcony—perfect for taking in sunrise reflections over the water or evening skyline views. The extra-large bedroom offers exceptional comfort with bountiful closet space and its own stunning ocean backdrop.Ideally located close to beaches, major routes, public transit, restaurants, shops, parks, rail trails, bike routes, and the Boston water taxi. A rare opportunity to live oceanfront with modern upgrades, effortless convenience, and breathtaking views in every direction. On site management/maintenance, Gym with Sauna and Club Room! Complete HVAC/Heating system upgrade, balcony refinished,
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First17 x 14
Closet, Flooring - Hardwood, Balcony / Deck, Handicap Accessible, Deck - Exterior, Open Floorplan, Slider, Flooring - Engineered Hardwood
Dining Room
Lvl Main,First12 x 12
Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Flooring - Engineered Hardwood
Kitchen
Lvl Main,First11 x 10
Ceiling Fan(s), Flooring - Vinyl, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl First17 x 13
Flooring - Vinyl, Closet - Double, Flooring - Engineered Hardwood
Bathroom 1
Lvl Main,First10 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Maria Salzillo
Listing Office: LAER Realty Partners
MLS® Number: 73579049

