300 Lynn Shore Dr, #304, Lynn, MA, 01902 | $334,900

Sunny updated one-bed unit with ocean views, large balcony, and dedicated parking located directly on Lynn Shore Drive across from the beach. This floor plan is positioned with Southern exposure to take in natural light all day long with oversized windows and a large balcony with room for a table and several chairs. Explore nearby King's Beach, Red Rock Park, Nahant beaches, Swampscott shopping, and the Lynn commuter rail a half-mile away. This professionally managed building comes with one deeded outdoor parking space #112 for the unit, common laundry room, secured access, a guest intercom system, and tidy lobby. Lynn Shore Drive is popular for those looking to live within commuting distance to Boston and love having access to the beach, water, or boardwalk that stretches from Nahant to Swampscott. Buyers choose the 300 Lynn Shore Drive Condominiums specifically because of the sense of community and pride of ownership that shows throughout.

Features

  • Parking: 1-car, Assigned, Deeded
  • Heating: Individual, Unit Control, Wall Furnace
  • Cooling: Fan Coil
  • Levels: 1
  • Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, T-Station
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: 300 Lynn Shore Drive Condominium
  • Year Built: 1965
  • Common Charge: $551 Monthly
  • Approx Sq. Feet: 750
  • Acreage: 1.44
  • Est. Taxes: $3,162
  • Water Front: Yes
  • Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer
  • MLS#: 73318586
  • Website: https://www.raveis.com
    /prop/73318586/300lynnshoredr_lynn_ma?source=qrflyer
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.
Listing by Steve Binder courtesy of Binder Residential   Phone: 617-531-9079

Room Information

Type Level
Bedroom 2 First
Dining Room First
Kitchen First
Living Room First
Master Bedroom First

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

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Frank.Kolb@raveis.com

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300 Lynn Shore Dr, #304, Lynn, MA, 01902

$334,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $267,920 $267,920 $267,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $264 $264 $264
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,738 $1,716 $2,225
Total Monthly Payment $2,077 $2,055 $2,564

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.