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The Shipwright apartments in Lynn, MA

Updated

The Shipwright

1 Hanson St, Lynn, MA 01905, USA

4.9 (53 reviews) Official Website

Live pricing, refreshed

68
Units Listed
$2,435
Starting at
$3,121
Average
$3,665
Highest
$3.47
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Lynn 01905 rent trends

Beds

Pricing by Bedroom

Studio
$2,538
from $2,435 · 5 units
~528 sqft avg
1 Bed
$2,788
from $2,500 · 27 units
~736 sqft avg
2 Bed
$3,452
from $3,185 · 36 units
~1,074 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$305K

$3.7M annual run rate

Modeled estimate

Est. Occupancy

59%

of about 167 units (modeled from leasing activity)

Effective Rent on New Leases

$3,081

vs $3,121 current asking ($40 negotiation gap)

Recent Lease Activity

167 units tracked; 99 assumed leased, 68 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

68

Very high availability

23 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Lynn, MA

Similar

Comparing this building against 6 similar Lynn, MA apartments by price. Click any bar to view that building.

See rent trends on the Lynn, MA map Explore Lynn, MA on the interactive map

Available Units

68 units
Studio / 1 Bath S1
$2,435/mo
480 ft² · $5.07/ft² · #534
Studio / 1 Bath S1
$2,465/mo
480 ft² · $5.14/ft² · #434
Up $50 since Jul 10 (was $2,415)
Studio / 1 Bath S1
$2,490/mo
480 ft² · $5.19/ft² · #426
1 Bed / 1 Bath A1
$2,500/mo
660 ft² · $3.79/ft² · #246
Down $150 since Jul 29 (was $2,650)
1 Bed / 1 Bath A1
$2,525/mo
660 ft² · $3.83/ft² · #244
Studio / 1 Bath SA2
$2,615/mo
600 ft² · $4.36/ft² · #432
Up $50 since Jul 29 (was $2,565)
Studio / 1 Bath S2
$2,685/mo
600 ft² · $4.47/ft² · #532
1 Bed / 1 Bath A1
$2,710/mo
660 ft² · $4.11/ft² · #544
Down $50 since Jul 29 (was $2,760)
1 Bed / 1 Bath A1
$2,710/mo
660 ft² · $4.11/ft² · #546
Down $50 since Jul 29 (was $2,760)
1 Bed / 1 Bath A2.1
$2,720/mo
768 ft² · $3.54/ft² · #588

Train activity

Trains close by

Passenger line 1,837 ft away · 58 trains/day

  • 41 daytime, 17 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: MBTA

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lynn, MA notes

No resident notes for this property yet.

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