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The Shipwright apartments in Lynn, MA

Updated

The Shipwright

1 Hanson St, Lynn, MA 01905

4.9 (53 reviews) Official Website

Live pricing, refreshed

102
Units Listed
$2,350
Starting at
$3,140
Average
$4,840
Highest
$3.41
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Lynn, MA rent trends

Beds

Pricing by Bedroom

Studio
$2,418
from $2,350 · 4 units
~514 sqft avg
1 Bed
$2,793
from $2,525 · 47 units
~742 sqft avg
2 Bed
$3,491
from $3,335 · 50 units
~1,112 sqft avg
3 Bed
$4,840
from $4,840 · 1 units
~1,358 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (20)

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

$2.5M

$30M annual run rate

Modeled estimate

Est. Occupancy

89%

of about 900 units (modeled from leasing activity)

Effective Rent on New Leases

$3,082

vs $3,140 current asking ($58 negotiation gap)

Recent Lease Activity

150 units tracked; 48 assumed leased, 102 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

102

Very high availability

28 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

Citywide

Showing citywide comparison (not enough Lynn, MA properties tagged with "Lynn 01905" for a local match). Click any bar to view that building.

Available Units

102 units
Studio / 1 Bath S1.1
$2,350/mo
546 ft² · $4.30/ft\u00B2 · #287
Studio / 1 Bath S1
$2,410/mo
480 ft² · $5.02/ft\u00B2 · #571
Studio / 1 Bath S1
$2,450/mo
480 ft² · $5.10/ft\u00B2 · #226
Studio / 1 Bath S3
$2,460/mo
550 ft² · $4.47/ft\u00B2 · #673
1 Bed / 1 Bath A1
$2,525/mo
660 ft² · $3.83/ft\u00B2 · #244
1 Bed / 1 Bath A1D.1
$2,570/mo
754 ft² · $3.41/ft\u00B2 · #366
1 Bed / 1 Bath A1D
$2,675/mo
730 ft² · $3.66/ft\u00B2 · #629
1 Bed / 1 Bath A1
$2,700/mo
660 ft² · $4.09/ft\u00B2 · #246
1 Bed / 1 Bath A1
$2,720/mo
660 ft² · $4.12/ft\u00B2 · #346
1 Bed / 1 Bath A1D.1
$2,720/mo
754 ft² · $3.61/ft\u00B2 · #357

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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