34 Ocean Ter, Lynn, MA, 01902
About This Home
Exceptional 3 Family With Breathtaking Ocean Views! One of A Kind Property Located On The Desirable Swampscott/Lynn Line Featuring 16 Rooms, 7 Bedrooms, And 3.5 Bathrooms! This Spacious Property Offers Generously Sized, Sun-Filled Units With Timeless Character And Flexible Living Space Ideal For Both Investors And Owner-Occupants. Classic Architectural Details, Hardwood Flooring, And A Well-Maintained Layout Create The Perfect Blend Of Charm And Functionality. Laundry In Units and Separate Utilities Provide Added Convenience For Owners And Tenants. Recent Improvements Include Newer High Efficiency Gas Heating Systems, Newer Windows, Updated Electric! This Prime Coastal Location Offers The Best Of Convenience And Lifestyle. Strong Rental Appeal And The Opportunity To Own A Signature Property In One Of Lynn's Most Sought-After Waterfront Neighborhoods! Great Value!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Appliances
- Appliances included: Range,Dishwasher,Disposal,Refrigerator,Microwave
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Bathroom With Tub & Shower,Living Room,Dining Room,Kitchen,Laundry Room,Sunroom
- Window features: Screens
- Flooring: Hardwood
- Number of fireplaces: 3
- Fireplace: Yes
- Finished area above ground: 4,846
Heating
- Heating features: Natural Gas
Interior Area
- Total structure area: 4,846
- Total interior livable area: 4,846 sqft
Property
Details
- Parcel number: 2001131
- Zoning: R4
- Foundation area: 1200
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters,Decorative Lighting,Garden
- Has view: Yes
- View description: Water,Ocean
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Lot
- Lot size: 0.07 sqft
- Features: Cleared,Level
Parking
- Total spaces: 4
- Parking features: Off Street,Tandem
- Uncovered spaces: 4
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
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $462 | $5,544 |
| Property Taxes | $934 | $11,208 |
| Electricity | $955 | $11,467 |
| Total | $7,913 | $94,956 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Contingent | $1,100,000 |
| 2026-07-19 | Listed for sale | $1,100,000 |
| 2012-02-08 | Sold | $350,000 |
| 2011-12-08 | Price change | $424,900 |
| 2011-10-12 | Price change | $430,000 |
| 2011-09-02 | Listed for sale | $450,000 |
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