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150 Lynnway #402 Lynn — Photo 1 of 41

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.

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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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$319,900
Annual Taxes$2,895
HOA Fee$599.17

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Vinyl, Flooring - Engineered Hardwood
BasementN

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningR4

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Primary Bedroom
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

17 x 14

Closet, Flooring - Hardwood, Balcony / Deck, Handicap Accessible, Deck - Exterior, Open Floorplan, Slider, Flooring - Engineered Hardwood

Dining Room
Lvl Main,First

12 x 12

Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Flooring - Engineered Hardwood

Kitchen
Lvl Main,First

11 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 First

17 x 13

Flooring - Vinyl, Closet - Double, Flooring - Engineered Hardwood

Bathroom 1
Lvl Main,First

10 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Maria Salzillo

Listing Office: LAER Realty Partners

MLS® Number: 73579049