28 Margin St #A Lynn — Photo 1 of 36
$490,000
Investment Analysis — 28 Margin St #A
Lynn, MA 01905
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01905 carries an estimated $2,560/mo in gross rent — about a 2.56% cap rate and $12,551/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,240
Style
Condominium
Built
1988
Experience elevated waterfront living in this meticulously renovated end-unit at the prestigious RiverBay Condominiums. This 2BD/2.5BA gem has been transformed from top to bottom, featuring a designer kitchen with custom cabinetry and premium appliances, alongside fully refreshed bathrooms and contemporary lighting. Beyond the cosmetic upgrades like new flooring and fresh paint, this home offers ultimate peace of mind with a brand-new HVAC system and a high-efficiency AC condenser. Relax on your private living room deck or step out onto the primary suite’s personal balcony to enjoy the breeze. Complete with an attached garage, and pull-down attic storage, this turnkey residence offers a high-end, worry-free lifestyle at an accessible price point.
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Other
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Exterior Access, Recessed Lighting, Slider
Kitchen
Lvl FirstFlooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Master Bedroom
Lvl SecondBathroom - Full, Closet, Flooring - Wood, Balcony - Exterior, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - Full
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Property History
$490,000
Jul 16, 2026
MLS® 73550933
$535,000
Jun 18, 2026
MLS® 73492267
$535,000
Mar 26, 2026
MLS® 73492267
$460,000
Nov 25, 2025
MLS® 73456622
$460,000
Nov 20, 2025
MLS® 73456622
$351,750
Feb 7, 2025
MLS® 73304318
$354,900
Oct 19, 2024
MLS® 73304318
Listing Agent: Michael Malkin
Listing Office: Redfin Corp.
MLS® Number: 73550933
