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406 Broadway

Lynn, MA 01904

1 bd 1 ba 895 sqft Built 1980 Lot 17,860 sqft condos
Most recent sale
$285,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2024 Listing removed $2,150 MLSPIN
Jan 11, 2024 Listed for rent $2,150 MLSPIN
Aug 15, 2022 Listing removed $2,000 MLSPIN
Jul 22, 2022 Sold $285,000 MLS #72983475
Jun 18, 2022 Listed for rent $2,000 MLSPIN
Jun 3, 2022 Relisted $279,000 MLS #72983475
May 18, 2022 Listed $279,000 MLS #72983475
Dec 7, 2018 Sold $190,000 Public Record
May 19, 2009 Sold $90,000 MLS #70845232
Apr 14, 2009 Listed $94,900 MLS #70845232
Feb 16, 2000 Sold $82,000 Public Record
Jan 17, 1992 Sold $69,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,100 $273,100 $2,829
2024 $268,300 $268,300 $2,825
2023 $228,600 $228,600 $2,549
2022 $221,900 $221,900 $2,758
2021 $201,600 $201,600 $2,627
2020 $185,600 $185,600 $2,487
2019 $171,600 $171,600 $2,454
2018 $152,300 $152,300 $2,307
2017 $141,200 $141,200 $2,203
2016 $135,200 $135,200 $2,188
2015 $97,300 $97,300 $1,630
2014 $92,600 $92,600 $1,586
2006 $169,900 $169,900 $1,689
2005 $152,600 $152,600 $1,553
2004 $134,500 $134,500 $1,537
2003 $112,200 $112,200 $1,482

Property facts

Year built
1980
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
895 sqft
Lot size
17,860 sqft
ZIP code
01904
City
Lynn
Street
Broadway
Coordinates
42.48357, -70.95695

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
$2,596
Gross rental yield
10.93%
Implied cap rate
7.10%
Trend-extrapolated value

Frequently asked questions

When did 406 Broadway last sell?
406 Broadway most recently sold on Jul 22, 2022 for $285,000.
What is the current tax assessment for 406 Broadway?
The most recent total assessment for 406 Broadway (year 2025) is $273,100 with $2,829 in property tax.
How does 406 Broadway's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $285,000.
When was 406 Broadway built?
406 Broadway was built in 1980.
How does 406 Broadway compare to others on Broadway?
We track 8 other properties on Broadway. Browse the list under "Other properties on Broadway" to compare beds, baths, and sale history.
What are the property facts for 406 Broadway?
406 Broadway is a 1 bed, 1 bath, 895 sqft, 17,860 sqft lot condos.
Is 406 Broadway a flip candidate?
No — 406 Broadway does not appear in our flips dataset.
Is 406 Broadway a tax-appeal candidate?
No — 406 Broadway 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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