BUY DIRT. They aren't making any more of it and we are in a housing shortage. Your next opportunity, right here in burgeoning Lynn! 2 different engineering and architect firms have opined that a developer should be able to build 6 single-family homes by-right on the lot. While seller nor their agent can verify accuracy, the potential seems to exist for a subdivision in this great residential location. Proximity to the Beach is less than 2 miles, as is the Market Basket and Target on Highland Avenue in Salem. AND, the location is just 1.5 miles to the Swampscott Train Station. Lynn is getting bougie these days; don't sleep on it. There is a James Beard award-nominated chef cooking up a storm at Nightshade Noodle Bar, organic stone ground bagels and pizza from One Mighty Mill, curated wines from a Sommelier at Lucille's, and it is home to some of the most incredible urban mural art in the country. Conceptual plans are attached. Ask your agent to share them!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Boston-Metro | Back Bay
Listing Agent: TEAM BRUSIL
Exterior Features
Exterior Information:
Waterfront: Beach, Ocean Front
Lot Features
Lot Information:
Lot: Easement, Wooded
Lot Size: 1.73 Acres
School Info
Assigned Schools Information:
Lynn English High School, Public District Grades 9-12
Fecteau-Leary Junior/Senior High School, Public District Grades 7-12
Thurgood Marshall Middle School, Public District Grades 6-8
Hood, Public District Grades KG-5
Other
Directions Information:
Directions: The lot is accessed via Waitt Road or Ocean View Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $800,000
Agent Commission:
Buyer's Agent Commission: 2%
What can I afford?
Understand what home price range makes sense for your budget.
This property is $250K more than the Median Sold Price in Lynn, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73176125
Listing Office:
Office Name: Keller Williams Realty Boston-Metro | Back Bay
Listing Agent: TEAM BRUSIL
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/29/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,465
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Hood
24 Oakwood Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-5
Middle School
4
/10
Thurgood Marshall Middle School
19 Porter St
Distance between this listing and this school0.73 miles
Public District Grades 6-8
High School
4
/10
Lynn English High School
50 Goodridge St
Distance between this listing and this school0.57 miles
Public District Grades 9-12
1
/10
Fecteau-Leary Junior/Senior High School
33 N Common St
Distance between this listing and this school1.58 miles
Public District Grades 7-12
Assigned Schools
7
/10
Hood
24 Oakwood Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-5
Nearby Schools
7
/10
Aborn
409 Eastern Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
3
/10
Ingalls
1 Collins Street Ter
Distance between this listing and this school0.79 miles
Public District Grades PK-5
Assigned Schools
4
/10
Thurgood Marshall Middle School
19 Porter St
Distance between this listing and this school0.73 miles
Public District Grades 6-8
Nearby Schools
5
/10
Pickering Middle School
70 Conomo Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
5
/10
Swampscott Middle School
207 Forest Ave
Distance between this listing and this school1.92 miles
Public District Grades 5-8
Assigned Schools
4
/10
Lynn English High School
50 Goodridge St
Distance between this listing and this school0.57 miles
Public District Grades 9-12
1
/10
Fecteau-Leary Junior/Senior High School
33 N Common St
Distance between this listing and this school1.58 miles
Public District Grades 7-12
Nearby Schools
6
/10
Swampscott High School
200 Essex St
Distance between this listing and this school0.93 miles
The neighbors living near this home have an average income of $72,183. Typical income of Lynn, MA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Waitt Rd
What is the listing price of this property?
The listing price of 0 Waitt Rd property is $800,000.
What type of property is this?
The property 0 Waitt Rd is land located in Lynn, Massachusetts, 01902.
Is this property for sale now?
Active Listing: 0 Waitt Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 Waitt Rd are: Hood: GreatSchools Rating 7/10Thurgood Marshall Middle School: GreatSchools Rating 4/10Lynn English High School: GreatSchools Rating 4/10Fecteau-Leary Junior/Senior High School: GreatSchools Rating 1/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Waitt Rd in Lynn, MA and zip code 01902. This home sits on a 1.73 acre lot. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $800,000.
Lynn, MA housing market in March 2024 saw over 23 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. In March 2024 in Lynn, MA there were 10.6% more homes for sale than in February 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $550,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Symphony or Opera
Symphony or Opera
Horse Races
Hiking/backpacking
Chico's
Stein Mart
Nordstrom Rack
Boston Market
LongHorn Steakhouse
Chipotle
Volvo
Buick
Mazda
Talk/Personality
Rock