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Bean Group
Offered at $7,000,000Pending
beds
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baths
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sq ft
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Built
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98 Lynnway

Lynn, MA 01902

About this home

Direct Coastal Development Opportunity Approved for 80 Market-Rate units with zero affordable component. The site has been removed from the flood zone. All materials that have been produced and paid for by the present owner for the approvals will be included in the transfer to the new owners and available for review upon request. This includes all architecture plans, interior design elements, site analysis, environmental studies, etc. Renderings, branding, social media pages, online business pages, website URLs etc,..may be included in the sale. Additional info available upon request.

Listing last checked: Listing updated:

Listed by The Synergy Group · The Synergy Group · MLS #73474340

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities6 property facts
Lot size
1.87 acres
Water
Public
Sewer
Public Sewer, Perc Test On File
Waterfront
Y
Pool
Not reported
Zoning
WF2
Financial2 property facts
Annual taxes
$31,624
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $7,000,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$38,031 / monthAdjust
Principal & interest
$35,396
Property tax
$2,635
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $31,624. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Exp

    $985,000 · Jul 7, 2023

More property insights

Automated value estimate $7,579,835

Estimated range $5,657,961–$9,501,709.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: above average

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About 98 Lynnway

Can I request a private showing?

Request a tour of 98 Lynnway and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.