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Fays Estate Home for Sale

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    $619,900

    • 4 Beds
    • 1.5 Baths
    • 1,783 Sq Ft

    73 Lockwood Rd, Lynn, MA 01904

    Well maintained home with tons of space. Open floor plan. Large, full sized bedrooms. Hardwood floors. Great kitchen. Spacious living room. Bonus space in finished basement. Great location on a dead end street. Seller willing to buy down the mortgage rate on this home. PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME.

    Tyler Scaglione Cameron Real Estate Group

    73 Lockwood Rd, Lynn, MA 01904

Why Live in Fays Estate

Fay’s Estate is a residential neighborhood in Lynn, a city known for its manufacturing history and cultural diversity. This neighborhood features a mix of cottages, Cape Cods, ranch-styles homes and Colonial Revivals, primarily built from the late 1800s to the mid-1950s. Some properties might be located in flood zones. The Lynn Woods Reservation offers over 2,200 acres of forested woodlands, trails and the Dungeon Rock cave. Manning Field and Fraiser Field are popular for sports, while Barkland Avenue Dog Park is a favorite for pet owners. Located about 5 miles away, Nahant Bay supports boating and swimming. The neighborhood is car-dependent but has several Massachusetts Bay Transportation Authority bus stops and a commuter rail station offering direct access to Boston. For drivers, Massachusetts State Route 1A and Interstate 93 provide routes to downtown Boston and Boston Logan International Airport, both about 12 to 13 miles away. Dining options in Lynn include Lynnapesaukee Four Winds Pub & Grill and Nightshade Noodle Bar. For shopping, residents can visit Stop & Shop on Washington Street or head to nearby Salem for Walmart, Target and Market Basket. The city hosts events like the Lynn Arts & Culture Festival, Youth Pride event and the annual Juneteenth Celebration.

Frequently Asked Questions

Is Fays Estate a good place to live?
Fays Estate is a good place to live. Fays Estate is considered car-dependent and somewhat bikeable with some transit options. Fays Estate is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Fays Estate has 8 parks for recreational activities. It is somewhat dense in population with 7.3 people per acre and a median age of 44. The average household income is $146,087 which is above the national average. College graduates make up 20% of residents. A majority of residents in Fays Estate are home owners, with 2.7% of residents renting and 97.3% of residents owning their home. A local real estate agent serving Fays Estate can help you decide if this neighborhood is the right one for you. Learn more on our Fays Estate neighborhood guide.
Is Fays Estate, MA a safe neighborhood?
Fays Estate, MA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Fays Estate?
The median home price in Fays Estate is $644,450. If you put a 20% down payment of $128,900 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $137K a year to afford the median home price in Fays Estate. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Fays Estate is $146K.
What are the best public schools in Fays Estate?
The best public schools that serve Fays Estate are:
What are the best private schools in Fays Estate?
The best private schools that serve Fays Estate are:
What are the most popular zip codes in Fays Estate, Lynn, MA?
The most popular zip codes in Fays Estate, Lynn, MA include 01904, 01960, 01970, 01902 and 01907.
What are the most popular neighborhoods near Fays Estate, Lynn, MA?
The most popular neighborhoods near Fays Estate, Lynn, MA are Lakeside, Indian Ridge, Lynn English, South Peabody and Highland Avenue.

Home Trends in Fays Estate, MA

Housing Trends

Median Sale Price
$645,000
Median Single Family Sale Price
$642,500
Average Price Per Sq Ft
$399
Number of Homes for Sale
1
Last 12 months Home Sales
17
Months of Supply
0.70
Median List Price
$644,450
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
-1%
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