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242 Boston St

Lynn, MA 01904

6 bd 3 ba 2,211 sqft Built 1900 Lot 1,558 sqft multi_family
Most recent sale
$640,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $640,000 MLS #72987771
Jul 21, 2022 Relisted $649,900 MLS #72987771
May 26, 2022 Listed $649,900 MLS #72987771
May 15, 2007 Sold $110,000 Public Record
Aug 2, 1996 Sold $62,000 Public Record
Aug 13, 1992 Sold $66,500 Public Record
Jun 13, 1988 Sold $156,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $397,500 $176,300 $573,800 $5,945
2024 $393,200 $165,700 $558,900 $5,885
2023 $375,800 $160,600 $536,400 $5,981
2022 $336,600 $148,700 $485,300 $6,032
2021 $306,900 $142,800 $449,700 $5,860
2020 $282,600 $125,800 $408,400 $5,473
2019 $256,300 $103,000 $359,300 $5,138
2018 $218,300 $85,600 $303,900 $4,604
2017 $215,900 $72,600 $288,500 $4,501
2016 $193,400 $64,700 $258,100 $4,176
2015 $166,200 $60,400 $226,600 $3,796
2014 $149,700 $66,200 $215,900 $3,698
2006 $175,900 $74,800 $250,700 $2,492
2005 $172,600 $76,500 $249,100 $2,536
2004 $198,100 $59,700 $257,800 $2,947
2003 $148,300 $59,200 $207,500 $2,741

Property facts

Year built
1900
Property type
multi_family
Stories
6
Beds
6
Baths
3
Living area
2,211 sqft
Lot size
1,558 sqft
ZIP code
01904
City
Lynn
Street
Boston St
Coordinates
42.46947, -70.96038

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,412
Gross rental yield
12.02%
Implied cap rate
7.81%
Trend-extrapolated value

Frequently asked questions

When did 242 Boston St last sell?
242 Boston St most recently sold on Sep 13, 2022 for $640,000.
What is the current tax assessment for 242 Boston St?
The most recent total assessment for 242 Boston St (year 2025) is $573,800 with $5,945 in property tax.
How does 242 Boston St's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $640,000.
When was 242 Boston St built?
242 Boston St was built in 1900.
How does 242 Boston St compare to others on Boston St?
We track 8 other properties on Boston St. Browse the list under "Other properties on Boston St" to compare beds, baths, and sale history.
What are the property facts for 242 Boston St?
242 Boston St is a 6 bed, 3 bath, 2,211 sqft, 1,558 sqft lot multi_family.
Is 242 Boston St a flip candidate?
No — 242 Boston St does not appear in our flips dataset.
Is 242 Boston St a tax-appeal candidate?
No — 242 Boston St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q2
$583.9K
2026 Q3
$596.1K
ZIP 01904 — Median Price History + Forecast

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