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    Property profile & analytics

    577 Lynnway, Unit 591 Lynn, MA 01905-3013

    • Investment properties
    • 1.94 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1874502
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 577 Lynnway

    Lot size
    1.94 lot acres
    Zone code
    WF3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LYNN M:035 B:796 L:034
    APU
    LYNNM035B796L034

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9605
    Latitude
    42.4551
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $135,882
    $2,378,500
    $4,358,300
    $6,736,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,158 SF

      1 Nelson St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,158 SF
      1 Nelson St, Lynn, MA 01905-2348
      View Details
    • Value Estimation by Request
      6,212 SF

      814-818 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,212 SF
      814-818 Western Ave, Lynn, MA 01905
      View Details
    • Value Estimation by Request
      0.55 Acres

      15 Avon St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.55 Acres
      15 Avon St, Lynn, MA 01905-1976
      View Details
    • Value Estimation by Request
      6,080 SF

      825 Boston St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,080 SF
      825 Boston St, Lynn, MA 01905-1504
      View Details
    • Value Estimation by Request
      2,759 SF

      73-75 Cottage St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,759 SF
      73-75 Cottage St, Lynn, MA 01905
      View Details
    • Value Estimation
      $485,000
      4,070 SF

      522-524A Boston St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,070 SF
      522-524A Boston St, Lynn, MA 01905
      View Details

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      Summer Street Mixed Use Property

      Multi-tenant commercial building with vacant owner's suite in Lynn.
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    Similar Nearby for Lease

    • $2,500 /Mo

      Lynn Office Space for Rent

      Office space available for non-profit organization in Lynn, MA.
      47 Myrtle St, Lynn, MA 01905
      View Details
    • $3,500 /Mo

      Retail/Office Space in Lynn, MA

      Street-level commercial space in a high-traffic location.
      577 Walnut St, Lynn, MA 01905
      View Details
    • $13 SF/Yr
      4,401 SF

      Lynnway Warehouse Space Available

      4,401 SF warehouse/industrial space for lease in Lynn, MA.
      680 Lynnway, Lynn, MA 01905
      View Details
    • $4 SF/Yr

      Former School with Adaptable Design

      Vast building suitable for educational, recreational, or multi-purpose endeavors.
      589 Boston St, Lynn, MA 01905
      View Details
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    577 Lynnway, Unit 591
    Lynn, MA 01905-3013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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