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408 Broadway

Lynn, MA 01904

1 bd 1 ba 895 sqft Built 1980 Lot 17,860 sqft condos
Most recent sale
$330,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $330,000 MLSPIN
Mar 18, 2024 Listed $324,000 MLSPIN
Oct 21, 2016 Sold $164,900 MLSPIN
Aug 22, 2016 Listed $169,900 MLSPIN
Apr 20, 2009 Sold $112,000 MLSPIN
Nov 10, 2008 Listed $139,000 MLSPIN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $262,400 $262,400 $2,718
2024 $255,900 $255,900 $2,695
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
9.44%
Implied cap rate
6.14%
Trend-extrapolated value

Frequently asked questions

When did 408 Broadway last sell?
408 Broadway most recently sold on Apr 19, 2024 for $330,000.
What is the current tax assessment for 408 Broadway?
The most recent total assessment for 408 Broadway (year 2025) is $262,400 with $2,718 in property tax.
How does 408 Broadway's assessment compare to its last sale price?
The current assessment is 20.5% below the last sale price of $330,000.
When was 408 Broadway built?
408 Broadway was built in 1980.
How does 408 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 408 Broadway?
408 Broadway is a 1 bed, 1 bath, 895 sqft, 17,860 sqft lot condos.
Is 408 Broadway a flip candidate?
No — 408 Broadway does not appear in our flips dataset.
Is 408 Broadway a tax-appeal candidate?
No — 408 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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