98 Lynnway, Lynn MA 01902

Lynn, MA 01902
$7,000,000
Est. $38,231/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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1.87
Acres
105
Days on Market
Sale Pending Listed Feb 4, 2026 • MLS# 73474340 Copied! • Updated May 21, 2026

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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.

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Recently Sold Nearby

Price & Status History

Market Insights

Property Timeline

⏳
Pending Sale
May 21, 2026
Offer accepted, sale pending
👤
Agent Changed
Feb 12, 2026
Paul Cirignano → The Synergy Group
Agent: The Synergy Group
🏠
Listed for Sale
Feb 4, 2026
$7,000,000
Original listing
Office: The Synergy Group

Tax History

Year Taxes Assessment
2025 $31,624 $3,052,500

Financial Details

Annual Property Tax
$31,624
Tax Year 2025
Assessed Value
$3,052,500

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 1.87 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric Nearby
Water Public
Sewer Public Sewer, Perc Test On File
Gas Other (see Remarks)
Other None
Annual Tax $31,624
Assessed Value $3,052,500
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents Legal Description, Perc Test, Land Survey, Topographical Map, Order Of Conditions, Environmental Impact Study, Soil Survey, Aerial Photo, Appraisal, Blueprints, Drawings, Brochure (12)
County Essex
Total market time (incl. prior listings) 106 days

Property Overview

Property Type
Residential
Listing Type
Sale Pending

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Utilities & Systems

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer, Perc Test On File
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Sidewalks
Road Surface: Paved

Parking & Garage

Parking Features:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor, Direct Access, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Sidewalks
School District
Lynn School District local
D
⚠ School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
↓ 2.0% below state avg
E

Elementary Schools

10 schools
C-
Lynn Vocational Technical Institute
0.7 mi | #292 of 346 | Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students Moderate
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
0.8 mi | #203 of 346 | Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
The Hathaway School
1.4 mi
Grades PK-08
St. Pius V Elementary School
1.6 mi
Grades PK-08
Sacred Heart Elementary School
1.8 mi
Grades PK-08
North Shore Christian School
2.2 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.8 mi
27 students Diverse
Grades PK-12
C-
E. J. Harrington Elementary School
0.5 mi | #721 of 825 | Score: 34.3
Improved 72 spots from last year
-23.9 below state avg
685 students Moderate
Rising School
Grades PK-05
C
Washington Elementary School
0.7 mi | #660 of 825 | Score: 37.9
Improved 111 spots from last year
-20.4 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Brickett Elementary School
0.8 mi | #667 of 825 | Score: 37.5
Improved 122 spots from last year
-20.7 below state avg
330 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.0 mi | #311 of 352 | Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
2.2 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B+
Fredrick Douglass Collegiate Academy
0.2 mi | #11 of 25 | Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.8 mi
259 students Moderate
Grades 06-12
B-
Harold Durgin Success Academy
0.8 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students Moderate
Rising School Career Tech Programs Strong Attendance
Grades 09-12
D
Lynn English High School
1.3 mi | #315 of 346 | Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
2.3 mi | #304 of 346 | Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,635
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

98 Lynnway, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent The Synergy Group
Listing Office The Synergy Group
Office Phone 888-410-5454
Agent MLS ID TM321745
Office MLS ID AN7316
Listing Data Updated May 21, 2026 2:38 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
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