150 Lynnway #309 Lynn — Photo 1 of 39
Recent Drop: $100,000
$599,000
Investment Analysis — 150 Lynnway #309
Lynn, MA 01902
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01902 carries an estimated $3,080/mo in gross rent — about a 0.89% cap rate and $5,319/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,345
Style
Condominium
Built
1986
A rare opportunity to own one of the largest Single-Level condos for sale on the North Shore, including Winthrop, Revere, Lynn and Swampscott. Experience breathtaking panoramic ocean and Boston skyline views from every room in this exceptional corner residence. Perfectly positioned where Lynn, Swampscott, and Nahant meet, this one-of-a-kind home offers the largest floor plan in the building and is the only residence featuring two private outdoor spaces, including an oversized deck—an ideal setting to relax while enjoying spectacular sunsets and sweeping views of Boston Harbor, the Lynn and Volunteer Yacht Clubs, and Seaport Landing Marina.Lovingly maintained and extensively upgraded with over $150,000 in improvements since 2022, the home features 11 new energy-efficient windows, a beautifully renovated deck and balcony, all-new ceiling light fixtures throughout, a new electric range, and a new dryer, offering a truly move-in-ready lifestyle.Designed for both comfort and flexibility, the spacious floor plan offers two primary suites, each with its own en-suite bathroom and generous closet space, along with a versatile third bedroom currently configured as a home office. Additional highlights include two-zone electric heating, central A/C, and two deeded parking spaces—including a gated garage space and a conveniently located outdoor space just steps from the building entrance—providing exceptional convenience for everyday living.Residents enjoy professionally managed amenities, including a fitness center, clubroom, a scenic waterfront boardwalk, and the convenience of weekday on-site management with staff available to assist residents. Ideally located within walking distance of the beach, restaurants, shopping, public transportation, and direct ferry service to Long Wharf North in downtown Boston, this home also benefits from the exciting luxury waterfront redevelopment transforming the surrounding neighborhood. Offering the perfect balance of coastal tranquility and urban accessibility, downtown Boston is just a 30-minute drive away
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Laundromat • Bike Path • Highway Access
Geography
Property History
$599,000
Was $649,000
Aug 16, 2026
MLS® 73557344
$649,000
Was $699,000
Aug 13, 2026
MLS® 73557344
$699,000
Jul 30, 2026
MLS® 73557344
Listing Agent: Zhonghui Zhu
Listing Office: Keller Williams Realty
MLS® Number: 73557344
