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51 Broadway, Lynn, MA, 01904

5beds
3baths
2,547sqft
$929,500
$365price/sqft
$6,304/moest. monthly cost
$252,160/yrincome needed

About This Home

Beautifully renovated Bungalow/Cottage-style single-family home offering 5 bedrooms and 3 full baths with stunning views of Lily Mere Lake. This spacious home features a bright living room, formal dining room, and an eat-in kitchen with abundant cabinetry, quartz countertops, and stainless-steel appliances. Recent upgrades include new siding, windows, electrical, plumbing, HVAC system, and beautiful hardwood flooring throughout. Enjoy year-round comfort with 2-zone heating and central air conditioning. Step out onto the spacious deck overlooking the lake, perfect for relaxing or entertaining. The partially finished basement with an above-ground entrance provides additional living space, a home office, recreation room, or storage. Ample off-street parking accommodates up to 7 vehicles. Combining modern updates, generous living space, and scenic water views, this move-in-ready home is a rare opportunity not to be missed.

Getting Around

53
WalkingSomewhat Walkable
24
TransitMinimal Transit
11
BikeSomewhat Bikeable

Schools

6/10
4/10
Pickering Middle SchoolGrades 6-80.6 mi

Construction

Condition

  • Year built: 1911

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Water Heater,Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Window features: Insulated Windows
  • Flooring: Wood,Tile
  • Finished area above ground: 2,547

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas,ENERGY STAR Qualified Equipment
  • Cooling features: Central Air,ENERGY STAR Qualified Equipment

Interior Area

  • Total structure area: 2,547
  • Total interior livable area: 2,547 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: M:089 B:100 L:036,1988546
  • Zoning: R1

Features

  • Patio & porch: Porch,Deck - Wood
  • Exterior features: Porch,Deck - Wood
  • Has view: Yes
  • View description: Scenic View(s),Water,Lake
  • Has water view: Yes
  • Water view: Lake,Water

Lot

  • Lot size: 9,910 sqft

Parking

  • Total spaces: 7
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,700$56,400
Home Insurance *$313$3,756
Property Taxes $789$9,468
Electricity $502$6,027
Total$6,304$75,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$216,137/yr
40% on housing$189,120/yr
45% on housing$168,106/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 01904$308
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01904$409
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-09Listed for sale$929,500
2025-07-25Sold$380,000
2025-06-27Contingent$419,900
2025-06-20Listed for sale$419,900

For Sale by Agent

AgentGina M. Machuca
BrokerageRe-yes Real Estate

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