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117 Nahant St Unit 1, Lynn, MA, 01902

1beds
1baths
580sqft
$299,900
$517price/sqft
$2,240/moest. monthly cost
$89,600/yrincome needed

About This Home

Experience refined living at 117 Nahant St U:1, Lynn, MA. Constructed in 1940, this 580 square foot condominium offers a singular opportunity for sophisticated urban dwelling. This condominium features fresh paint and hardwood floors throughout, one well-appointed bedroom, designed for comfort and tranquility. An updated bathroom provides essential convenience and style. Updated Kitchen with granite countertops and modern appliances. Situated on the first floor of a three-story building, this property offers ease of access and a seamless living experience. Discover the potential of this thoughtfully designed condominium and envision your next chapter here.

Getting Around

85
WalkingVery Walkable
44
TransitSome Transit
69
BikeBikeable

Schools

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 580

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 580
  • Total interior livable area: 580 sqft

Property

Details

  • Parcel number: M:081 B:583 L:004 S:049,2002435
  • Zoning: R5
  • Exclusions: Personal Belongings

Features

  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Ocean,0 to 1/10 Mile To Beach

Lot

  • Lot size: 2.01 Acres

Parking

  • Total spaces: 1
  • Uncovered spaces: 1

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Lightning
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 $1,516$18,192
Home Insurance *$126$1,512
Property Taxes $244$2,928
Electricity $354$4,259
Total$2,240$26,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,800/yr
40% on housing$67,200/yr
45% on housing$59,733/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

$517This listing

vs Other Active Listings

Avg $/sqft

ZIP 01902$275
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01902$383
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
2026-08-06Listed for rent$1,800
2026-06-25Listed for sale$299,900
2019-06-15Listing removed$1,500
2019-06-03Listed for rent$1,500
2018-11-20Listing removed$1,500
2018-10-31Price change$1,500
2018-10-30Listed for rent$1,650
2018-08-30Sold$150,500
2018-08-11Pending sale$150,000
2018-08-08Listed for sale$150,000
1986-12-31Sold$87,000

For Sale by Agent

AgentCody Chy
BrokerageEscalate Real Estate

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