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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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150 King Rail Drive 3-109 , Lynnfield, MA 01940
$2,450
Est. Payment: $5.44/mo
1 Bed
1 Bath
890 Sqft
Status: Active | Days on site: 22
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House Description

1-Bedroom income-restricted apartment offered at $2,450 per month on a 12-month lease; minimum household income $73,500 at 80% AMI. 3 unit(s) currently available. Income-restricted apartment home at MarketStreet Apartments, a mixed-income 40B community in Lynnfield that blends serene natural surroundings with premier open-air shopping. Luxury residences spread across three stylish buildings deliver an elite, resort-style living experience with a top-tier online reputation. Community amenities include a state-of-the-art fitness center; a luxurious clubhouse with cyber cafe and entertainment game lounge; a Starbucks coffee bar; a business center with conference and dining rooms; a heated outdoor pool with sun deck, lounge seating and grilling stations; cozy courtyard fire pits; community walking trails; and community-sponsored social events. Building features include an elevator, 24-hour maintenance, mail and package concierge, and 24/7 package lockers. Surface parking is included; underground garage parking, EV charging (ChargePoint) and on-site storage lockers are available for additional fees. Electric range and electric washer and dryer included; trash and recycling removal included in the rent. Pet friendly - cats and dogs under 65 lbs, two pet maximum; breed restrictions and monthly pet fees apply. First month's rent, last month's rent and a security deposit are due at lease signing. Eligibility and income restrictions apply: 45 income-restricted apartments at a maximum of 80% AMI based on HUD limits, with no asset limit under 40B. Minimum income limits apply unless the household receives mobile housing assistance. This is not a lottery - applications are processed on a first come, first served basis as apartments become available, and are added to a waiting list when there is no current availability. Free language assistance is available for those whose primary language is not English or who have limited English proficiency, and reasonable accommodations for persons with disabilities are available upon request.

Highlights

Listed by Marko Zaric , 617-675-1083 Maloney Properties LLC , 781-943-0200.

Property Type

Residential Lease

County

Essex

Listing ID

73568529

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Range, Refrigerator, Washer, Dryer
Other:
  • Additional:Elevator

Exterior Features

Garage Capacity:1
Others:
  • Additional:Deck
Parking Features:Parking Spaces: 1
Principal Interest
$5
Taxes
$2

Home Price

$2,450

Loan Details

30 yrs
%

Down Payment

20%
$490
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $5.44 $1.56 $0.00 $7.01
Yearly $65.33 $18.74 $0.00 $84.08
Total $1,960.00 $562.28 $0.00 $2,522.28

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lynnfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.